# Localstack

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/localstack

- Industry: Software
- Headquarters: Zurich, Switzerland
- Website: www.localstack.cloud
- Total disclosed funding: $25M
- Latest round: Series A (Nov 12, 2024)
- Investors on record: 3

## About

Based in Zurich, Switzerland, and founded in 2021 by co-founders Gerta Sheganaku, Thomas Rausch, and Waldemar Hummer Localstack GmbH specialises in creating a local development environment designed to emulate AWS cloud services. In November 2024, Localstack GmbH raised USD 25 million in Series A funding led by investor Notable Capital, with participation from investors Crv and Heavybit.

LocalStack's primary offering is a comprehensive local development environment that emulates AWS cloud services, allowing developers to build and test applications. The platform supports over 80 AWS services, enabling users to run applications. The platform facilitates development cycles by removing complex IAM policies and cloud resource management. The firm serves various sectors, including technology, finance, and education, primarily in North America and Europe.

The company generates revenue through a monthly subscription plan, which costs EUR 35 per user per month for starters and EUR 70 per user per month for teams.

The company will use the funding to support business expansion across the US and develop its software technology platform.

## Funding rounds

- Series A, Nov 12, 2024, $25M — CRV, Heavybit, Notable Capital
- Seed, date not disclosed — CRV, Heavybit

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Seed, Series A
- Heavybit (https://capitalatlas.ai/funds/heavybit) — Seed, Series A
- Notable Capital (https://capitalatlas.ai/funds/notable-capital) — Series A