Stackwell Successfully Closes $3.5 Million Seed Funding Round Backed By Lead Investors Michael Gordon, Jeremy Sclar and The Kraft Group
Summary
""Trevor and the Stackwell team have built a unique platform that provides tangible solutions to a pervasive problem," said Michael Gordon, President of Fenway Sports Group. Senator William "Mo" Cowan, Chief Legal and External Affairs Officer of Devoted Health; Corey Thomas, Chairman and CEO of Rapid7; Damian Wilmot, Senior Vice President, Chief Risk and Compliance Officer of Vertex Pharmaceuticals; Terence Rozier-Byrd, Partner of Akin Gump Strauss Hauer & Feld LLP; Michael Fricklas, Chief Legal Officer and Corporate Secretary of Advance Publications; Sam Kennedy, CEO of the Boston Red Sox; Theo Epstein, Consultant to Major League Baseball; Louis Maiuri, President of State Street Corporation; and John Plansky, Executive Vice President of State Street Corporation, among others. "Stackwells dynamic business model and mission create a meaningful opportunity to do well while doing good," said Jeremy Sclar, CEO and Chairman of WS Development. "Trevor and the Stackwell team have demonstrated a unique ability to execute their go-to-market strategy, and I am excited to help them rapidly scale through this next phase of their growth. Individuals interested in joining the waitlist can sign-up at stackwellcapital.com.Stackwell Capital, Inc., is a fintech company that has created a digital investment platform for the Black community that is designed to eliminate the racial wealth gap in America.