About Stainless
Stainless is a company based in Brooklyn (United States) founded in 2022 by Alex Rattray.. Stainless has raised $25 million across 1 funding round from investors including MongoDB, Zapier and Andreessen Horowitz. Stainless operates in a competitive market with competitors including Strapi, Fastgen, Platformatic, StepZen and StrongLoop, among others.
- Headquarter Brooklyn, United States
- Founders Alex Rattray
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Stainless Software Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25 M (USD)
in 1 rounds
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Latest Funding Round
$25 M (USD), Series A
Dec 10, 2024
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Investors
MongoDB
& 7 more
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Employee Count
Employee Count
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Funding Insights of Stainless
Stainless has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $25.0M
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First Round
First Round
(10 Dec 2024)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series A - Stainless | Valuation | a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Stainless
Stainless has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include MongoDB, Zapier and Andreessen Horowitz. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital firm early-stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Stainless
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Stainless
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stainless Comparisons
Competitors of Stainless
Stainless operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Strapi, Fastgen, Platformatic, StepZen and StrongLoop, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform for API development and content management is utilized.
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| domain | founded_year | HQ Location |
Fastgen is recognized for building scalable backends and automations.
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| domain | founded_year | HQ Location |
API development software for developers
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| domain | founded_year | HQ Location |
Cloud-based API development solution provider
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| domain | founded_year | HQ Location |
API development platform with mBaaS and Node.js tools is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Stainless
When was Stainless founded?
Stainless was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Stainless located?
Stainless is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Stainless?
Alex Rattray is the current CEO of Stainless. They have also founded this company.
Is Stainless a funded company?
Stainless is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series A of $25M, raised on Dec 10, 2024.
What does Stainless do?
Stainless was founded in 2022 and is headquartered in Brooklyn, United States. The company operates in the software development sector, focusing on cloud-based platforms for API creation. SDKs are generated in real time from OpenAPI specifications, supporting languages such as TypeScript, Java, and Python. Additional features include automated updates and package publishing to streamline API development processes.
Who are the top competitors of Stainless?
Stainless's top competitors include Strapi, Fastgen and Platformatic.
Who are Stainless's investors?
Stainless has 8 investors. Key investors include MongoDB, Zapier, Andreessen Horowitz, Sequoia Capital, and The General Partnership.
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