Stackfix Raises $3M in Seed Funding to Expand AI-Powered Software Comparison Platform
Stackfix is revolutionizing the software purchasing process.
Company Name: Stackfix
Location: London, UK
Industry: AI-Powered Software Comparison
Funding Details:
Stackfix raised $3M in Seed funding, led by:
- Chalfen Ventures
Other participants included:
- Seedcamp, helloworld, and angel investors:
- Paul Forster (Founder of Indeed.com)
- Mehdi Ghissassi (Head of Product at DeepMind)
- Matt Clifford (Chair of Entrepreneur First and ARIA)
- Alice Bentinck (Co-Founder of Entrepreneur First)
- Charlie Delingpole (Founder of ComplyAdvantage)
Purpose of Investment:
The funds will be used to:
- Enhance AI capabilities for real-time software testing and analysis.
- Expand the platform globally, bringing its comparison tool to more markets.
Product:
Stackfix provides an AI-powered platform that tests software products and collects real-time data on:
- Pricing
- Features
- Performance
This enables businesses to compare tools with precision and receive personalized recommendations.
About the Company:
Founded by Paddy Stobbs (previously Co-Founder of Jukedeck, acquired by TikTok) and Camin McCluskey (ex-Skyscanner), Stackfix is revolutionizing the software purchasing process. The platform empowers buyers with accurate, data-driven insights to optimize decision-making.
Already in private beta, businesses such as ElevenLabs and Synthesia across North America and Europe have used Stackfix, spending over $500,000 on software and integrating it into their procurement workflows.
