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 3 acquisitions, namely Jiobit, Pliant and Besolo. 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 8 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
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. 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: 166 as on Feb 28, 2026
- Investors: Comcast Ventures, Evolution VC Partners and 37 Others
- Latest Funding Round: Series C, Feb 04, 2021, $*****
- Highlight: Editors' Pick
2. 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: 66 as on Dec 31, 2022
- Investors: Baltimore Angels, TDF Ventures and 9 Others
- Latest Funding Round: Series C, Aug 15, 2025, $*****
- Highlight: Editors' Pick
3. 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: $50.6M
- Employee Count: 55 as on Mar 31, 2026
- Investors: Baleon Capital, Revolution and 9 Others
- Latest Funding Round: Series B, Apr 02, 2026, $*****
- Highlight: Editors' Pick
4. Array
Provider of mental health telehealth platform for healthcare providers and patients. The platform offers telepsychiatry solutions and services from hospital to home with its OnDemand care, Scheduled care, and AtHome care divisions. It provides services for hospitals and health systems, community healthcare organizations and payers, and patients.
Key facts about Array
- Founded Year: 1999
- Location: Mount Laurel Township (United States)
- Stage: Series C
- Total Funding till date: $49.3M
- Employee Count: 294 as on Feb 28, 2026
- Investors: Health Velocity Capital, Frist Cressey Ventures and 15 Others
- Latest Funding Round: Series C, Jan 09, 2023, $*****
- Highlight: Editors' Pick
5. Fairmarkit
Provider of an AI platform for automating strategic sourcing processes. The platform offers features such as supplier recommendations, statement of work builder, reverse auctions, and autonomous negotiations. It provides automation for demand to award processes, tail spend, and strategic sourcing. The platform also includes sourcing intake capabilities and integration with existing enterprise resource planning and procure-to-pay systems.
Key facts about Fairmarkit
- Founded Year: 2017
- Location: Boston (United States)
- Stage: Series C
- Total Funding till date: $78M
- Employee Count: 147 as on Feb 28, 2026
- Investors: Man Capital, ServiceNow and 15 Others
- Latest Funding Round: Series C, Sep 01, 2022, $*****
- 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 Earlyasset 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, Consumer, Vertical SaaS and High Tech. Notably, it has invested in 49 Tech companies, 39 Enterprise (B2B) companies, 32 Software companies and at least 21 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 17 |
FinTech | 10 |
Consumer | 6 |
Vertical SaaS | 6 |
High Tech | 5 |
Others | 35 |
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 Earlyasset 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 | 7346 | ||
Mar 31, 2026 | United States | Seed | 8253 | [+1] | |
Feb 12, 2026 | United States | Seed | 1073 | - | |
Feb 18, 2025 | United States | Seed | 7443 | [+9] | |
Jan 31, 2025 | United States | Series A | 8798 |
Acquired companies in New Stack Ventures' Portfolio
3 companies from New Stack Ventures' portfolio have been acquired. The most recent acquisition were Besolo in Oct 2025 by Lettuce.Here are New Stack Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 30, 2025 | Sep 12, 2024 | Seed | 5965 | |
Mar 28, 2024 | Jan 28, 2019 | Seed | 4182 | |
Apr 27, 2021 | Jan 26, 2017 | Series A | 3470 |
Team profile of New Stack Ventures
New Stack Ventures has a team of 8 members including 3 Partners, 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 | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Venture Partner | Chicago | - | - | |
Principal | - | - | - | |
Principal | - | - | - |
Co-investors of New Stack Ventures
Over the past 11 years, 230 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, Techstars 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 Techstars 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 99 investors have invested in New Stack Ventures's portfolio after their investments. Top Investors include Altos Ventures Management (2 companies), Tyson Foods (1 company) and Y Combinator (1 company).
Recent News related to New Stack Ventures
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Startup Raises $2 Million to Expand Secondary Market in Venture CapitalThe Wall Street Journal•Mar 31, 2026•Earlyasset, 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
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Light Frame Raises $1.7M in Pre-Seed FundingFinSMEs•May 30, 2024•Light Frame, ATX Venture Partners, New Stack Ventures, Rogue Venture Partners and 4 others
