AI-enabled stealth startup Stackless Data raises $14m seed round to accelerate growth
Stackless Data, an AI-enabled, comprehensive data solution for businesses, has raised a seed round at a pre-money valuation of $14 million. The round was led by Singularity Capital. The company intends to use the investment to finance product development and go-to-market activities.
Nachi Mehta, CEO, Stackless: ''Businesses are facing a significant challenge to hire experienced and competent data engineers in the market right now. When a company goes Stackless, they no longer have to worry about the overhead of hiring a data team or managing a data infrastructure. With our cutting-edge blend of AI technology, proprietary algorithms, and deep domain experience, we do all that for them at a fraction of the price. Stackless is like a cheat code for all your data management and analysis needs.''
The solution allows companies to focus on their core business while Stackless handles providing timely, trustworthy, and useful data.
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