/Companies

Allstacks

Techstars '18

Raleigh, US · Founded 2017 · Delaware corporation · 48 employees on LinkedIn · 22 known investors

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Allstacks is an AI-agent platform that connects data from software development tools (Jira, GitHub, GitLab, Jenkins) to provide engineering teams and leaders with delivery metrics, risk alerts, and recommendations for planning, managing, and optimizing software creation. The platform serves product and engineering teams in enterprise environments by offering visibility into delivery performance, developer productivity, AI coding impact, and software cost capitalization.

Also known as Allstacks, Inc.

Founders & leadership

Allstacks was founded in 2017 by Jeremy Freeman and Hersh Tapadia.

JFJeremy Freeman
Jeremy FreemanCofounder and CTOJeremy Freeman is the founder of Allstacks, an AI-agent platform that aggregates development tool data to provide engineering teams with delivery metrics and performance insights. He has background experience in software and technology leadership, with expertise in computer vision applications.
HTHersh Tapadia
Hersh TapadiaCo-Founder & CEOHersh Tapadia holds a B.S. in Electrical Engineering from North Carolina State University and an M.S. in Biomedical Engineering from Duke University. He previously co-founded medCount, a medical device company developing tuberculosis diagnostics, and CertiRx, a supply chain authentication platform, and founded Ravioli Labs, a software consultancy focused on analytics and algorithms.
DJ
Darrell J. Freeman, Jr.Executive
SS
Scot SherwoodNamed on SEC filing

Board

ADAndrew Drylie
Andrew DrylieBoard MemberPrincipal at Quadri Ventures
FRFiras Raouf
Firas RaoufBoard MemberCo-Founder and General Partner at Companyon Ventures
JK
Jack KlinckBoard directorInvestor at Hyperplane Venture Capital
SS
Scott SherwoodBoard director

Investors · 22

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · open dataset · 5k.vc investor directory · Not right? Tell us

Also in the syndicate · 5

Bala InvestmentsClutchVCM12, Microsoft's Venture FundTweener FundWildcat VC

Reported raises · per SEC filings

Form D private placements

$27M disclosed across 3 of 6 rounds · 2019–2024

▶$10MraisedOct 2024 · 19 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew DrylieDirector
  • Hersh A. TapadiaExecutive Officer, Director
  • Scott SherwoodDirector
  • Darrell J. Freeman, Jr.Executive Officer, Director
  • Firas RaoufDirector
Offering amount
$10M
Amount sold
$10M
First sale
May 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$12.7MraisedNov 2022 · 35 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jack KlinckDirector
  • Firas RaoufDirector
  • Hersh A. TapadiaExecutive Officer, Director
  • Darrell J. Freeman, Jr.Executive Officer, Director
  • Scott SherwoodDirector
Offering amount
$14.3M
Amount sold
$12.7M
First sale
Sep 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.3MraisedFeb 2020 · 26 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Scot SherwoodDirector
  • Jack KlinckDirector
  • Darrell J. Freeman, Jr.Executive Officer, Director
  • Hersh A. TapadiaExecutive Officer, Director
Offering amount
$4.7M
Amount sold
$4.3M
First sale
Nov 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Sep 2026

Allstacks operates an agentic platform for product management and software development. Its AI agents are designed to help product and engineering teams define, plan, manage, measure and optimize software creation, working from a shared context assembled across the development lifecycle. The company positions its work around three problem areas: defining product requirements quickly enough for AI-accelerated development, surfacing software delivery risk before it becomes visible as a missed commitment, and producing defensible software cost capitalization figures for finance reporting.

The platform is organized into three solutions. Product Studio is a workspace for defining and refining requirements, grounded in code, customer feedback and delivery history, with features for ideation with engineering context, adversarial AI reviewers to pressure-test work, readiness scoring before handoff, and export of build-ready requirements and tickets that stay in sync. Software Engineering Intelligence provides an intelligence layer over delivery signals to catch delivery risk early, trace delays to root causes across tools, measure whether AI coding adds velocity or rework, rebalance team capacity and support leadership reporting. Software Cost Capitalization classifies capitalizable work continuously from development activity rather than timesheets, applies customer capitalization rules, maps spend to initiatives and individuals, and produces audit-ready reports.

Earlier descriptions of the company characterize it as a value stream intelligence and software engineering intelligence platform: a predictive forecasting and risk management system that runs machine learning and AI models across data from the software development lifecycle to identify at-risk initiatives and recommend corrective action, giving engineering leaders a single source of truth linking development work to business strategy.

Founding story

Allstacks was founded in 2017 by CEO Hersh Tapadia and CTO Jeremy Freeman. The two had led software and consulting teams across industries including medical devices, AgTech and pharmaceuticals, and identified a recurring difficulty in communicating actual software project status and risk to senior executives. They built the platform to connect data across the development lifecycle so that context that previously lived only in individual people could be captured and kept current.

Business model

Allstacks sells its platform to product, engineering and finance stakeholders inside organizations, with a self-serve sign-up path for Product Studio alongside a sales-led motion built around scheduled demos of the full platform. Its Series A materials describe a focus on enterprise scalability and on building out go-to-market functions.

Traction

Reported customer outcomes include Progress Software cutting cycle time by 32% across 40 teams, ndustrial tripling developer velocity and saving 120 hours per quarter on reporting, a public infrastructure software company cutting bug resolution time by roughly 30%, Enverus completing capitalization reports about 70% faster, and Pact producing build plans 4x faster. At the time of the 2019 seed round the company reported 700% year-over-year growth.

Latest developments

Allstacks now markets an agentic platform organized into Product Studio, Software Engineering Intelligence and Software Cost Capitalization, including measurement of AI coding assistant usage and token spend against delivery metrics. It was named a Visionary in the 2026 Gartner Magic Quadrant for Developer Productivity Insight Platforms.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Allstacks competes in the software engineering intelligence / developer productivity insights category, a market its investors describe as fast-growing. It was named a Visionary in the 2026 Gartner Magic Quadrant for Developer Productivity Insight Platforms, and at the time of its 2022 raise cited recognition from Forrester, GigaOm and G2.

The company positions its agents as operating in shared context across the full lifecycle — strategy, design, customer feedback, code, tickets and delivery history — rather than reporting on a single tool, and emphasizes connecting how work in each tool relates to the rest. Specific differentiators cited include adversarial AI review of requirements, correlation of AI coding assistant and token usage with delivery and quality metrics, and timesheet-free, audit-ready cost capitalization derived from actual development activity.

Technology

The platform runs machine learning, AI models and purpose-built AI agents across data aggregated from the software development lifecycle to identify risks and bottlenecks and recommend actions. It integrates with planning and project management tools (Jira, Linear, Azure DevOps Boards, ServiceNow), source code management (GitHub, GitLab, Bitbucket, Azure DevOps Repos), AI coding assistants (GitHub Copilot, Cursor, Anthropic Claude), CI/CD systems (Jenkins, GitHub Actions, CircleCI, Azure Pipelines, Bitbucket Pipelines, plus webhook-based connections), collaboration tools (Confluence, Slack, Microsoft Teams, Google Drive, Google Calendar) and conversation intelligence sources such as Gong.

Go-to-market

The company combines product-led entry via Product Studio sign-up with demo-driven enterprise sales, supported by content marketing including webinars and whitepapers on product management, AI impact measurement and R&D capitalization. Analyst recognition is used in positioning, and a Microsoft portfolio development program partnership targets enterprises tracking the efficiency and ROI of Microsoft Copilot in engineering teams.

Product managers, engineering and delivery leaders, executives such as CTOs and CTIOs, and finance teams responsible for R&D cost capitalization, primarily in enterprise software organizations. Named customers and reference accounts include Progress Software, ShareFile, ndustrial, Enverus and Pact.

Geography

Headquartered at 311 South Harrington Street, Suite 200, Raleigh, NC 27603, with an office in Austin, TX reported at the time of the 2019 seed round. The 2024 Series A announcement described plans to expand internationally with a focus on the UK, continental Europe and the Middle East.

History

The company raised a $4.7M seed round led by Hyperplane Venture Capital in December 2019, when it was positioned as a predictive forecasting and risk management platform with operations in Raleigh, NC and Austin, TX. In October 2022 it announced a $6.5M Seed 2 round led by Companyon Ventures, describing itself as a value stream intelligence company and directing the capital toward go-to-market build-out. In August 2024 it announced a $10M Series A led by Quadri Ventures with M12 (Microsoft's Venture Fund) and First Rays Venture Partners, bringing total funding to $25M, to be used for enterprise scalability, AI innovation, go-to-market expansion and international growth. The product has since been repositioned as an agentic platform spanning product definition, engineering intelligence and software cost capitalization.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Customer outcome: Enverus reduction in capitalization report preparation timeJan 202670%
Customer outcome: ndustrial developer velocity increaseJan 20263x, with 120 hours saved per quarter on reporting
Customer outcome: Pact build plan creation speed increaseJan 20264x faster to create build plans
Customer outcome: Progress Software cycle time reduction across 40 teamsJan 202632%
Total funding raised to dateAug 2024$25M
Year-over-year growthDec 2019700%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 10

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DXDX is an engineering intelligence platform that measures software health, R&D productivity, and AI-human collaboration across the software development lifecycle. It tracks AI-generated code and developer experience to help engineering organizations identify bottlenecks and align engineering work with business goals.
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WaydevWaydev is an engineering intelligence platform that analyzes code activity and toolchain data to surface visibility into software development processes and measure engineering team productivity. The platform serves enterprise engineering teams seeking to understand and optimize their development workflows, including AI adoption impact and team performance metrics.
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Companies working in the same space as Allstacks.

Timeline · 6

launches, deals, and filings
Jan 2026
Named a Visionary in the 2026 Gartner Magic Quadrant for Developer Productivity Insight Platforms

source ↗

Jan 2026
Product Studio available for self-serve sign-up

Product Studio, a workspace for defining and refining product requirements with AI agents, is offered alongside Software Engineering Intelligence and Software Cost Capitalization solutions.

source ↗

Aug 2024
Allstacks announces $10M Series A led by Quadri Ventures

Series A with M12, Microsoft's Venture Fund and First Rays Venture Partners, bringing total funding to $25M; proceeds earmarked for enterprise scalability, AI innovation, go-to-market build-out and expansion into the UK, continental Europe and the Middle East.

$10M source ↗

Aug 2024
Collaboration with Microsoft portfolio development program

Allstacks will work with Microsoft through its portfolio development program to help enterprises track the efficiency and ROI of Microsoft Copilot in engineering teams.

source ↗

Oct 2022
Allstacks announces $6.5M Seed 2 round led by Companyon Ventures

Funding with participation from Atlassian Ventures and CreativeCo, plus existing investors, to build out go-to-market functions.

$6.5M source ↗

Dec 2019
Allstacks raises $4.7M seed round led by Hyperplane Venture Capital

Seed funding to scale the business and grow teams in Raleigh, NC and Austin, TX to meet demand for its predictive forecasting platform.

$4.7M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
AllstacksDelaware

In the news

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Allstacks do?
Allstacks is an agentic AI platform that unifies software development tool data to plan, measure and optimize product delivery.
Who founded Allstacks?
Allstacks was founded by Jeremy Freeman, Hersh Tapadia in 2017.
Who are Allstacks's investors?
Allstacks's investors include Atlassian Ventures, Companyon Ventures, CreativeCo, First Rays Venture Partners, Gutbrain Ventures, Hyperplane Venture Capital, M12 (Microsoft's Venture Fund), Moneta Ventures and 9 more.
How much funding has Allstacks raised?
Allstacks has disclosed $27M raised across 3 of its 6 known rounds.
Where is Allstacks headquartered?
Allstacks is headquartered in Raleigh, US.