London’s Stacker brings home $20 million in a16z led round

dan@tech.eu

London’s no-code software creation platform Stacker has raised $20 million in a Series A round led by Andreessen Horowitz. The company is quite literally changing the way software is made, allowing businesses to create custom solutions that work for them, and not the other way around. The new funding is expected to be used to further develop the platform, including deeper integrations with existing software solutions, as well as the product, providing new ways to visualise and interact with data. To date, the firm has raised $23 million.

Stacker was founded in 2017, and like so many in the digital space, saw a sharp rise in growth over the course of the pandemic. In the past year, they’ve onboarded thousands of customers, quadrupled their user base, and, not surprisingly, revenues.

The company counts notables MIT, Samsung, Audible, Adobe, and TED amongst its client base.

“Nearly everyone uses a few common tools for their work — email, spreadsheets, and instant messaging. In the future, everyone will also have a platform where they create and run the custom software that powers their business. We’re building that platform today,” comments co-founder and CEO Michael Skelly.

In addition to a16z’s lead, existing investors Initialized Capital, Pentech, Pioneer Fund, and Y Combinator also participated in Stacker’s $20 million Series A round.

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