Stack AI raised $3M to connect the latest AI innovations with the most urgent applications
Y Combinator-backed Stack AI recently announced the closing of its oversubscribed $3 million seed funding round, led by Gradient Ventures. Stack AI will leverage the raised funds to become the go-to platform for deploying AI solutions.
Stack AI recently announced it closed a $3 million oversubscribed seed funding round led by Gradient Ventures, with participation from Beat Ventures and True Capital, both new investors in the company, and several angel investors. These contributors are joining Y Combinator and early-stage investors Sompa Capital, and Epakon Capital in backing Stack AI on the next stage of its journey.
Stack's founders realized that in most industries, adoption of the newest algorithms in AI ranged from low to inexistent. Thus, the founders turned to Y Combinator in December 2022, where they launched Stack AI's first product in an impressive 14 days. Shortly after, the company onboarded its first customers looking to easily and quickly deploy enterprise-grade AI solutions without coding. Since then, Stack AI has added customers from diverse backgrounds to its roster, boasting over 40,000 platform users who have built AI Assistants, Search Engines, Chatbots, and Workflow Automations that securely connect to private data to unlock its value.
Stack AI will continue in its mission to craft a product that can leverage the strengths of state-of-the-art AI models while eliminating the barrier of entry to generative AI by ensuring that novices and experts alike can harness the full potential of AI to unlock their data value. In the long term, Stack AI aims to become the go-to platform for deploying AI solutions, or as the founding team sees it, the middle layer of AI, the essential link between the most recent AI innovations and the newest solutions in the market.
