# Stacklet

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

- Industry: Software
- Headquarters: Arlington, US
- Website: www.stacklet.io
- Total disclosed funding: $37M
- Latest round: Series B (Jun 4, 2024)
- Investors on record: 7

## About

Based in Virginia, US, and founded in 2020 by CEO Travis Stanfield and CTO Kapil Thangavelu, Stacklet, Inc., a.k.a. Stacklet operates as a provider cloud governance solutions to help organizations manage and secure their cloud environments. In June 2024, Stacklet, Inc. raised USD 14.5 million in a Series B funding led by SineWave Ventures, with participation from Foundation Capital, Capital One Ventures, Relentless VC, Strait Capital, and Uncorrelated Ventures. The series B funding values Stacklet, Inc. at USD 94.41 million post-money.

The company's product suite includes Stacklet AssetDB, Stacklet Platform, Stacklet IaC Governance, Stacklet Policy Packs, and Cloud Custodian. These products provide solutions for cloud governance, encompassing security, operations, visibility, and cost optimization.

The company plans to use its proceeds from June 2024 funding to further enhance its IT infrastructure platform as well as support business plan expansion.

## Funding rounds

- Series B, Jun 4, 2024, $15M — Foundation Capital, Capital One Ventures, SineWave Ventures, Strait Capital, Uncorrelated Ventures, Relentless VC
- Series A, Jan 13, 2021, $18M — Foundation Capital, Addition
- Seed, Aug 12, 2020, $4M — Foundation Capital, Addition

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed, Series A, Series B
- Addition (https://capitalatlas.ai/funds/addition) — Seed, Series A
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Series B
- SineWave Ventures (https://capitalatlas.ai/funds/sinewave-ventures) — Series B
- Strait Capital — Series B
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Series B
- Relentless VC (https://capitalatlas.ai/funds/relentless-vc) — Series B