Stackfix raises £2.4m in Seed funding led by Chalfen Ventures to accelerate product development.
The London-founded software comparison platform secured Seed backing from Chalfen Ventures and Seedcamp to scale its AI technology.
Stackfix is an AI-powered software comparison platform designed to help businesses navigate purchasing decisions. The company automates the evaluation of software products to provide real-time data on pricing and performance.
Stackfix has secured £2.4m in a Seed funding round led by Chalfen Ventures. The capital injection also saw participation from Seedcamp and helloworld, alongside a group of angel investors.
The London-founded company plans to direct the new funds towards advancing its artificial intelligence capabilities and scaling its comparison platform internationally. Stackfix uses automated testing to provide real-time data on business software products.
From the founder
"The software market is at a tipping point. AI has enabled an explosion of new products, but the tools to help businesses choose the right software haven’t kept up. Stackfix is changing that with an AI-powered, real-time solution that makes software buying faster, simpler, and more accurate. We’re thrilled to have the backing of such incredible investors as we work to build the ultimate software comparison platform."
Paddy Stobbs
Co-Founder and CEO at Stackfix
Investor perspective
"The Stackfix team is addressing a huge opportunity. Software is exploding. Every business wants to buy more tools, but does not have the time or information to choose the best products for them. Stackfix solves this—using AI to guide teams to the best options with speed and precision."
Mike Chalfen
Founder, Chalfen Ventures
Use of funds
- 01Continue product development
- 02Expand into international markets
