Y Combinator, Harvard Management, Goodwater Capital, Soma Capital, Uncommon Capital, and Earlsfield Capital led a $4.5 million seed round for Bengaluru-based investment-tech startup Stack. Magic Fund, Side Door Ventures, Dragon Capital, Emles Ventures, Grand Park Ventures, Chandaria Capital, Cleo Capital, AngelList, West Quad, and Olive Tree Capital were among the other investors in the round.
Paul Desmarais, Tanuj Shori, and Inmad Akhund were among the angel investors that participated in the round. The new cash will be used to expand Stack’s current crew and add new services to help users grow their money more effectively.
Smriti Tomar and Tushar Vyas founded Stack in 2021 to create customised investment strategies with internationally diversified portfolios for everyday investors based on their risk appetite and aspirations.