About New Stack Ventures
New Stack Ventures is a venture capital firm founded in 2015. It is primarily based out of Chicago, United States. As of Apr 2026, New Stack Ventures is an active investor, having invested in 54 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series A round of Keebler Overall, New Stack Ventures portfolio has seen 4 acquisitions including key companies like Scope AR, Jiobit and Pliant. A lot of funds co-invest with New Stack Ventures, with names like Newfund sharing a substantial percentage of its portfolio. New Stack Ventures has team of 6 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Soonicorns
Deals in last 12 months
New Stack Ventures' List of Top Investments
New Stack Ventures has a portfolio of 54 companies. Their most notable investments are in Fairmarkit and Light Frame.Their portfolio spans across United States, Canada, Azerbaijan and 3 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 25 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by New Stack Ventures:1. Cybrary
Cybersecurity training platform empowering professionals and teams to reduce business risk. It is a multi-sided platform that delivers world-class training and career development materials. It offers curated Career Paths, Skill Paths, and Certification Preparation programs. The platform provides on-demand video training, hands-on virtual labs, assessments, and practice tests. It helps individuals advance their careers and organizations defend against cyberattacks. The platform offers resources like blog articles, case studies, research papers, and white papers. It provides solutions for individuals, teams, and government organizations. It aligns with industry frameworks and offers personalized remediation. The platform aims to make the cybersecurity industry more accessible through its comprehensive catalog, expert instructors, and various learning resources. It offers free access and subscription-based insider pro options. The platform supports single sign-on (SSO) options and offers a demo for teams.
Key facts about Cybrary
- Founded Year: 2015
- Location: Greenbelt (United States)
- Stage: Series C
- Total Funding till date: $52.2M
- Employee Count: 168 as on Jun 30, 2026
- Investors: Baltimore Angels, TDF Ventures and 9 Others
- Latest Funding Round: Series C, Aug 15, 2025, $*****
- Highlight: Editors' Pick
2. Tovala
Provider of connected smart ovens. The features include broiling, steaming, convection and microwave heating, toasting in a single pot, scan to cook options, and mobile application integration. The company also offers smart meals on a subscription basis that are automatically identified and cooked by the usage of preset cooking cycles. Its app is available on Android and iOS platforms.
Key facts about Tovala
- Founded Year: 2015
- Location: Chicago (United States)
- Stage: Series C
- Total Funding till date: $61.9M
- Employee Count: 171 as on Jun 30, 2026
- Investors: Valor Equity Partners, Forecast Labs and 38 Others
- Latest Funding Round: Series C, Feb 04, 2021, $*****
- Highlight: Editors' Pick
3. Scope AR
Scope AR provides an AR-based software offering remote assistance support solution. The platform provides work instructions, live & remote assistance, knowledge. virtual guidance, and training modules & manuals. Products include Remote AR that enables workers to virtually connect with in-house experts for real-time guidance; and WorkLink that allows users to access virtual manuals, instruction sets, & more. Additionally, its products also enable individual worker's performance trajectory, video logs, timestamps, and other user activities. Compatible devices include iOS, Android, Google Tango, Windows for tablets and phones, and Windows desktop. Clients include Tango, Lockheed Martin, Nestle, Toyota, Boeing, NASA, Philips, EPSON, and more. The company has partnered with Microsoft HoloLens for it product WorkLink.
Key facts about Scope AR
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $11.8M
- Employee Count: 42 as on Jun 30, 2026
- Investors: Hone Capital, SignalFire and 14 Others
- Latest Funding Round: Series A, Mar 20, 2019, $*****
- Highlight: Acquired
Key facts about Azerbaijan Airlines
- Founded Year: 1992
- Location: Baku (Azerbaijan)
- Stage: Funding Raised
- Employee Count: 2,081 as on Jun 30, 2026
- Investors: New Stack Ventures and Europa
- Latest Funding Round: Grant (prize money), Jun 18, 2016, $*****
5. EquipiFi
Cloud-based point of sale financing solution. It offers a solution that enables financial institutions to provide a buy now pay later option to the end customer. It uses APIs to integrate existing customers with accounts and debit cards. It features a decision engine with customized real-time parameters for approvals, automated push notifications, a dashboard for monitoring performance and usage, and more.
Key facts about EquipiFi
- Founded Year: 2021
- Location: Scottsdale (United States)
- Stage: Series B
- Total Funding till date: $53.6M
- Employee Count: 63 as on Jun 30, 2026
- Investors: Baleon Capital, Revolution and 10 Others
- Latest Funding Round: Series B, Apr 02, 2026, $*****
- Highlight: Editors' Pick
New Stack Ventures' Year-on-Year Investment Trends
New Stack Ventures has invested in 54 companies over the last 11 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 3 investments, while as of Apr 2026, it has made 3 investments in this year. Its most recent first time investment was in Early Asset and most recent follow-on round was in Keebler.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 1 | 2 | 3 |
2024 | 5 | 0 | 5 |
2023 | 4 | 0 | 4 |
2022 | 3 | 2 | 5 |
2021 | 3 | 3 | 6 |
2020 | 6 | 3 | 9 |
2019 | 3 | 1 | 4 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
New Stack Ventures' Investments by Stage
New Stack Ventures has made 31 investments in Seed stage with an average round size of $2M, 4 investments in Series A stage with an average round size of $3.86M and 1 investment in Series B stage with an average round size of $8.02M.Stage of entry | No. of Investments |
|---|---|
Seed | 31 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
New Stack Ventures' Investments by Sector
New Stack Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, Consumer and High Tech. Notably, it has invested in 49 Tech companies, 40 Enterprise (B2B) companies, 33 Software companies and at least 20 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 18 |
FinTech | 10 |
Vertical SaaS | 7 |
Consumer | 5 |
High Tech | 5 |
Others | 36 |
Note: We have considered here, only first round of investments
New Stack Ventures' Investments by Geography
New Stack Ventures has made most investments in United States (30), followed by Canada where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 30 |
Canada | 3 |
Mexico | 1 |
Pakistan | 1 |
Singapore | 1 |
Note: We have considered here, only first round of investments
New Stack Ventures' recent investments
New Stack Ventures has made 3 investments in 2026 so far. Keebler and Early Asset are the latest among them.Here are the most recent investments by New Stack Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 15, 2026 | United States | Series A | 6373 | ||
Mar 31, 2026 | United States | Seed | 2798 | [+1] | |
Feb 12, 2026 | United States | Seed | 1709 | - | |
Feb 18, 2025 | United States | Seed | 3596 | [+9] | |
Jan 31, 2025 | United States | Series A | 9283 |
Acquired companies in New Stack Ventures' Portfolio
4 companies from New Stack Ventures' portfolio have been acquired. The most recent acquisition was Scope AR in Jul 2026 by Flatirons for $*****.Here are New Stack Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | Jul 15, 2016 | Seed | 8755 | |
Oct 30, 2025 | Sep 12, 2024 | Seed | 4313 | |
Mar 28, 2024 | Jan 28, 2019 | Seed | 6405 | |
Apr 27, 2021 | Jan 26, 2017 | Series A | 9819 |
Team profile of New Stack Ventures
New Stack Ventures has a team of 6 members including 1 Partner, 1 Venture Partner and 2 Principals located in United States. New Stack Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in New Stack Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Naperville | - | ||
Venture Partner | Chicago | - | - | |
Principal | - | - | - | |
Principal | - | - | - |
Co-investors of New Stack Ventures
Over the past 11 years, 232 investors have co-invested in New Stack Ventures's portfolio companies. This includes funds and angels.
- Invested before New Stack Ventures: Right Side Capital Management, Y Combinator and 14 others have invested in rounds before New Stack Ventures. There are 3 companies where Right Side Capital Management has invested before New Stack Ventures and 2 companies where Y Combinator has invested before New Stack Ventures.
- Top Co-investors of New Stack Ventures: 115 investors entered a company along with New Stack Ventures. These include investors like Newfund (3 companies).
- Invested after New Stack Ventures: A total of 101 investors have invested in New Stack Ventures's portfolio after their investments. Top Investors include Left Lane (2 companies), Altos Ventures Management (2 companies) and Arthur Ventures (1 company).
Recent News related to New Stack Ventures
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Keebler Health Raises $16M in Series A FundingFinSMEs•Apr 15, 2026•Keebler, Flare Capital Partners, Sands Capital, and 9 others
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Startup Raises $2 Million to Expand Secondary Market in Venture CapitalThe Wall Street Journal•Mar 31, 2026•Early Asset, New Stack Ventures, Cervin Ventures
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Keebler Health Raises $6M to Automate Risk Adjustment for Healthcare Providers in Value-Based Care EnvironmentsBenzinga•Feb 18, 2025•Keebler, Freestyle, MBX Capital, New Stack Ventures and 8 others
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Urban Sky raises $30m Series B for satellite replacement technologyElectronics Weekly•Feb 17, 2025•Urban Sky, Altos Ventures Management, New Legacy Group, Lerer Hippeau and 7 others
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Urban Sky Raises $30M in Series B FundingFinSMEs•Feb 06, 2025•Urban Sky, Altos Ventures Management, New Legacy Group, Lerer Hippeau and 8 others
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XILO raises $7.2 millionCoverager•Jan 31, 2025•Xilo, Altos Ventures Management, Cove Fund, Navigate Ventures and 2 others
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Digitt Secures US$50M From CoVenture to Help Prime Borrowers in Mexico Pay Off Predatory Credit Card DebtPR Newswire•Jul 24, 2024•Digitt, Coventure, Clocktower Ventures, FJ Labs and 4 others
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Sware Raises $6M to Accelerate Life Sciences Innovation by Automating FDA-Mandated Software ValidationBusiness Wire•Jun 06, 2024•Sware, First Analysis, LRVHealth, New Stack Ventures and 1 other
