Total amount raised
$3 Million
Latest funding date
3/1/2024
Location
Stack has raised funding through a Seed round, with Archetype leading the investment and a total of seven investors participating. The company focuses on providing loyalty points as an onchain primitive and offers tools for managing points programs.
What Is Stack?
Stack operates in the Internet industry and is based in New York, New York, United States. The company has a small team of 1-10 employees.
Stack focuses on providing loyalty points as an onchain primitive and offers tools for managing points programs. The company is private and has raised funding through a Seed round.
How Much Funding Has Stack Raised?
- Seed Round
- Amount Raised: USD 3,000,000
- Date: March 2024
- Lead Investors: Archetype
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and expand their loyalty points system and tools for managing points programs.
Total Amount Raised: USD 3,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- Archetype
- Details: Archetype is a venture capital firm that led Stack's seed round. They focus on early-stage investments in innovative technology companies.
- Investment Focus Areas: Technology, Fintech, Blockchain
- Notable Investments: Not publicly disclosed
- Colin Armstrong
- Details: Colin Armstrong is an individual investor known for his involvement in various tech startups. He has a background in software development and entrepreneurship.
- Investment Focus Areas: Technology, Software, Startups
- Notable Investments: Not publicly disclosed
- Nadav Hollander
- Details: Nadav Hollander is a prominent investor with experience in the blockchain and cryptocurrency sectors. He has founded and led several successful ventures.
- Investment Focus Areas: Blockchain, Cryptocurrency, Fintech
- Notable Investments: Not publicly disclosed
What's Next for Stack?
Stack provides loyalty points as an onchain primitive and runs Stack Chain, an OP-stack layer-3 whose attestation data rolls up to Base. Its product assigns and tracks points on-chain, with leaderboards and redemption for ERC-20 tokens, ETH or other assets. Stack's stated thesis, per founder and CEO Graeme Boy, is that on-chain points add value and security to loyalty programs and reduce risk for brands and consumers.
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