Stackfix Secures $3 Million in Seed Funding
Deal News | Dec 04, 2024 | Goodwin
Stackfix, an AI-driven platform founded in 2023 by Paddy Stobbs and Camin McCluskey, has successfully completed a $3 million seed funding round. This round was predominantly led by Chalfen Ventures, with notable contributions from Seedcamp and helloworld. The advisory on this funding initiative was provided by Goodwin's dedicated Cambridge and London Technology team, with the deal expertly managed by Adam Thatcher, Emily Townsend, and Hannah Frost. The platform aims to assist businesses in optimizing their software choices, leveraging AI to enhance operational efficiency. Both founders bring significant industry experience, with Stobbs having previously co-founded Jukedeck, acquired by TikTok, and McCluskey having a background with Skyscanner.
Sectors
- Technology
- Venture Capital
Geography
- United Kingdom – Stackfix is advised by Goodwin's offices in Cambridge and London, and is based in the UK.
Industry
- Technology – Stackfix operates within the technology industry, specifically focusing on AI-driven solutions to optimize software selection for businesses.
- Venture Capital – The funding round involving Stackfix highlights the active involvement of venture capital firms such as Chalfen Ventures, Seedcamp, and helloworld.
Financials
- $3 Million – The total amount raised in Stackfix's seed funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stackfix | Target Company | Company | An AI-powered platform focused on helping businesses select appropriate software solutions. |
| Chalfen Ventures | Bidding Company | Company | A venture capital firm that led the $3 million seed funding round. |
| Seedcamp | Investor | Company | Participated as an investor in the Stackfix seed funding round. |
| helloworld | Investor | Company | Participated as an investor in the Stackfix seed funding round. |
| Paddy Stobbs | Co-founder | Person | Co-founder of Stackfix, with a history of co-founding Jukedeck. |
| Camin McCluskey | Co-founder | Person | Co-founder of Stackfix, with prior experience at Skyscanner. |
| Goodwin | Legal Advisor | Company | Provided legal advisory services for Stackfix's funding round through their Cambridge and London teams. |
| Adam Thatcher, Emily Townsend, Hannah Frost | Deal Team Members | Person | Members of Goodwin's team who led the advisory effort for the Stackfix funding round. |