Stackpack Raises $6.3M in Funding
Summary
Stackpack, a San Francisco, CA-based provider of an intelligent vendor stack management platform helping companies regain control over their growing network of third-party vendors, raised $6.3M. The round was led by Freestyle Capital with participation from Elefund, Upside Partnership, Nomad Ventures, Layout Ventures, MSIV Fund and angels from Intuit, Workday, Affirm, Snapdocs and xAI. Founded in 2023 by Sara Wyman, Stackpack provides an first AI-native platform built to manage the accelerating costs, risks, and complexity of third-party vendors, AI tools, and contractors. It gives finance and IT teams a single source of truth to control spend, manage renewals, and reduce compliance risk across the entire vendor lifecycle. Just months after launch, Stackpack is already managing over 10,500 vendors and $510M in spend across more than 50 customers, including Every Man Jack, Rho, Density, HouseRx, Fexa, and ZeroEyes.