Allstacks, Risk Management Platform for Software Development, Looks To Scale With $4.7M Seed Investment
Summary
With the recent announcement of $4.7 million in seed funding secured from Hyperplane Venture Capital and six other investor groups, North-Carolina-based predictive forecasting and risk management platform Allstacks is ready to grow its customer base of software development companies looking to focus on not just capabilities, but delivery and outcomes. The funding is kind of the realization of us finding that fit and getting traction to get us propelled out into the market, grow fast and capture this demand. He calls himself a “serial startup guy,” who for the past 15 years has been either a cofounder or early employee at software development companies across several industries, from defense to medical devices, pharmaceuticals, energy and agtech. With Allstacks, which runs machine learning and AI models on tools that engineers use to build software, companies receive visibility into roadblocks in the development life cycle. But he says that’s why Allstacks was built: to be a “massive tool” to help manage different aspects of development tasks and enable them to be successful.
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