What does StackAI do?
StackAI is a platform provider that enables enterprises to create custom AI agents capable of interacting with multiple data sources and systems such as SharePoint, Snowflake, Salesforce, and Confluence. Its solution supports tasks including knowledge management, data entry, content aggregation, and information categorization while ensuring privacy, reliability, and efficient on-premises or VPC deployments.
How much did they raise?
The company raised $16M in a Series A round led by Lobby VC, with participation from LifeX Ventures, Guillermo Rauch, Bob van Luijt, Gradient, Y Combinator, Epakon Capital, Soma Capital, True Capital Ventures, and other angel investors.
What are their plans for the money?
StackAI plans to use the new funds to expand its operations and development efforts, focusing on enhancing agent retrieval quality, broadening access to large language model (LLM) tools, and reinforcing secure deployment across diverse environments. This investment is expected to accelerate the company's ability to scale its platform and meet the growing demands of enterprise clients.
What have they achieved so far?
Since its launch in April 2023, StackAI has built a team from top institutions and is already serving hundreds of organizations, including Fortune 500 companies, banks, hospitals, and universities. The platform now supports over 30 LLM providers and 100 data connectors, while maintaining SOC 2 Type 2, HIPAA, and GDPR compliance.