# C-Stacks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/c-stacks

- Industry: Financial Services
- Headquarters: Sioux Falls, US
- Website: www.jaspercard.com
- Total disclosed funding: $34M
- Latest round: Series A (Jul 12, 2021)
- Investors on record: 7

## About

C-Stacks, Inc. is a US-based technology firm specializing in innovative digital payment solutions that facilitate seamless transactions for businesses and consumers across multiple channels.Founded in 2015, C-Stacks, Inc. operates under the brand JasperCard.com, focusing on providing digital payment solutions. The company is headquartered in Sioux Falls, US. Sandy Chen leads the organization, with David Mes serving as CEO. The company has successfully raised USD 34.00 mn in Series A funding on July 12, 2021, led by Benslie Investment Group with participation from 500 Global, Gauss Ventures, Off The Grid Ventures, OurCrowd, and Southern Israel Bridging Fund. This funding will further enhance their operations. C-Stacks, Inc. has completed a total of 4 deals to date.JasperCard.com offers a comprehensive suite of digital payment solutions aimed at simplifying transactions for businesses and consumers. Their main product is a secure payment processing platform designed for small to medium-sized enterprises (SMEs) and retail businesses. This platform allows acceptance of diverse payment methods and ensures compliance with security standards. Additionally, JasperCard.com provides analytic tools to help clients monitor sales performance and customer behavior, enhancing operational efficiency. The company operates in North America, Europe, and parts of Asia, serving a wide range of retail and service-oriented clients.JasperCard.com generates revenue through a subscription-based model, charging clients a monthly fee for access to their payment processing services and analytic tools. This structure includes flat-rate fees for service usage along with a percentage of each processed transaction, ensuring scalability for growing clients. Their services cater to e-commerce platforms and physical retail stores, providing flexible pricing options to meet the diverse needs of their customer base.C-Stacks, Inc. plans to utilize the recently raised USD 34.00 mn in Series A funding to develop its underwriting model and introduce new financial services. The company's strategy includes launching new products to expand its service offerings. In addition, C-Stacks, Inc. aims to enter new geographic markets, further establishing its presence in existing territories while exploring opportunities in additional regions. Specific timelines for these initiatives have not been detailed.

## Funding rounds

- Series A, Jul 12, 2021, $34M — 500 Global, OurCrowd, Benslie Investment Group, Off The Grid Ventures, Gauss Ventures, Southern Israel Bridging Fund
- Series A, Jul 19, 2019 — VU Venture Partners

## Investors

- VU Venture Partners (https://capitalatlas.ai/funds/vu-venture-partners) — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A
- Benslie Investment Group — Series A
- Off The Grid Ventures (https://capitalatlas.ai/funds/off-the-grid-ventures) — Series A
- Gauss Ventures — Series A
- Southern Israel Bridging Fund (https://capitalatlas.ai/funds/southern-israel-bridging-fund) — Series A