Allstacks provides a predictive forecasting and risk management platform that uses machine learning and AI models across the software development lifecycle to identify at-risk initiatives and recommend solutions. The platform is designed to improve software development outcomes and reduce delivery risk. The company intends to use the funds to expand product capabilities around enterprise scalability and to deploy AI-based capabilities to reduce time to action in the software development lifecycle. It will also expand strategic integrations building on existing integrations in the Microsoft, Atlassian, and ServiceNow ecosystems. Founded in 2017 by Hersh Tapadia (CEO) and Jeremy Freeman (CTO), Allstacks is based in Raleigh, NC and has a presence across eight countries. The Series A financing supports the company’s plans for enterprise scaling and deeper ecosystem integrations. Allstacks is a value stream intelligence company that provides a predictive forecasting and risk management platform for software development. The platform leverages machine learning and AI models across the software development lifecycle to identify at-risk initiatives and recommend solutions to get them back on track. Led by CEO Hersh Tapadia, the company aims to improve software development outcomes through its analytics and forecasting tools. Based in Raleigh, North Carolina, Allstacks recently completed a $12.3m Series A financing. The company intends to use the proceeds to build out its go-to-market functions. Investors in the round included Companyon Ventures, Atlassian Ventures, CreativeCo, Hyperplane Venture Capital, S3, and ClutchVC. Allstacks provides a predictive forecasting and risk management platform that aims to improve software development outcomes. The platform runs machine learning and AI models across every tool used to build software across the entire development life cycle. It identifies at-risk initiatives and provides solutions to get them back on track. The company secured $4.7M in seed funding to scale the business. Allstacks intends to use the funds to grow its teams in Raleigh, NC and Austin, TX. The company is led by co-founders Hersh Tapadia (CEO) and Jeremy Freeman and plans to expand its product and operations.

Total raised

$27M

Funding rounds

3

Latest round

Series A

Latest activity

Aug 2024