Operator Stack
Venture capitalSouth Lake Tahoe · Pre-Seed–Series A · 4 people tracked
Investment thesis
The fund identifies and backs early-stage startups addressing operational pain points in logistics, supply chain, fintech, and B2B SaaS markets. The investment thesis is grounded in the founders' collective operating experience across product, technology, and business development at established companies, enabling them to provide practical guidance beyond capital.
Source: firm website, verified Aug 5, 2026.
Team · 4 people
from the firm's website & public directories
What they invest in
from 41 of 44 portfolio companiesSaaS ×23Enterprise Software ×17Fintech ×17AI & Machine Learning ×14Logistics & Supply Chain ×12Data & Infrastructure ×5B2B Marketplaces ×3Energy ×3
HQs:United States×13Singapore×1
Investments · 44 tracked
founders shown can be your intro pathBy year:2023 · 12022 · 12020 · 13 dated
AdQuick is a platform and managed-service marketplace for out-of-home (OOH) advertising, connecting advertisers to 1.6M+ placements and 3M+ programmatic DOOH screens across 1,700+ media owners in multiple countries.
AdTechMarketing TechMarketplaces
Co-investorsCalm VenturesEarl Grey CapitalEudemian VenturesTeam Ignite VenturesTodd and Rahul’s Angel FundVTF Capital+3 more
Airwave is an AI-powered wearable solution in the form of ANSI-rated safety glasses equipped with a camera, microphone, and speakers that automatically captures hands-free documentation and generates field reports without manual data entry.
AI & Machine LearningEnterprise SoftwareHardware
Pankaj Prasad(Founder)in
Co-investorsCortical VenturesDeep AcreHigh AlphaLegacy Capital VenturesPage One Ventures
American Housing designs and manufactures modular rowhomes using a proprietary kit-of-parts built for mass production, container shipping, and rapid on-site assembly, with an internal software platform (Alamo) managing underwriting, site planning, factory production, and installation.
Advanced ManufacturingConstruction TechPropTech
Co-investorsAntler
Awesomic is a talent marketplace that connects businesses with freelance contractors and creative talent to complete projects and tasks.
B2B MarketplacesEnterprise SoftwareHR TechMarketing TechMarketplacesSaaSSan Francisco, US
Stacy Pavlyshyna(Founder)inRoman Sevast(Founder)in
Co-investorsY CombinatorLIFT99
Blockdaemon provides blockchain infrastructure services including staking, node deployment, APIs, and wallet management across 60+ protocols for financial institutions and developers.
Crypto & Web3Data & InfrastructureEnergyEnterprise SoftwareFintechLos Angeles, US
Konstantin Richter(CEO and Founder)in
BoardEd Sim(Director)inGil Beyda(Director)in
Co-investors10SQ Capital (TenSquared)Aurum Venture PartnersBaroda Venturesboldstart venturesBorderless VentureComcast Ventures+18 more
Bluedot provides EV charging access and fleet management, giving business fleet drivers access to public charging stations across the US along with payment automation and charging behavior tracking.
EnergyMobility & TransportationSaaS
Ferhat Babacan(Founder)inSelinay Parlak(Founder)in
Co-investorsHeartfelt CapitalTreeo VCRevo Capital
Cardless provides a modular credit card platform that allows companies to embed credit products directly into their applications and websites.
Enterprise SoftwareFintechSaaS
Michael Spelfogel(Founder)in
Co-investorsActivant CapitalClocktower VenturesCommerce VenturesGreat Oaks Venture CapitalGreycroftMischief+3 more
Catalyst was a customer growth solutions platform for CS and sales teams that merged with Totango to develop enhanced customer success and sales enablement tools.
Enterprise SoftwareSaaSSales Tech
Co-investorsCaesar VenturesCompoundWork-BenchAMD VenturesGeneral CatalystGTMfund+2 more
Copper is a financial technology company offering a mobile app for financial education, banking, investing, and earning money, aimed at American families and younger generations.
ConsumerEdTechFintech
Stefan Berglund(Co-founder)Eddie Behringer(CEO / Co-founder)
Co-investorsClocktower VenturesFinancial Venture StudioLaunchpad CapitalMaven VenturesRestive VenturesSamsung Next+3 more
Dockware builds technology for freight and warehouse operations, drawing on engineering experience from areas such as orbital docking systems.
AI & Machine LearningDeep TechLogistics & Supply ChainSaaS
Conor Godfrey(CEO)Tarek Kandalaft(COO)Josh Hathaway(CTO)
Co-investorsCortado VenturesZenda
Green Screens provides AI-driven freight rate prediction software that combines a company's historical load data with verified market data to generate short-term buy and sell price recommendations.
AI & Machine LearningClimate TechEnterprise SoftwareLogistics & Supply ChainSaaSWilmington, US
WILLIAM VITTI(Director)GENNADY GAZIN(Director)FELIKS LYUBASHEVSKIY(Director)STEPHEN POLAKOFF(Director)DAWN SALVUCCI-FAVIER(Executive Officer, Director)
BoardBENJAMIN GORDON(Director)
Co-investorsFlyer One VenturesOverton Venture CapitalREFASHIOND Ventures
HubFlow provides AI-based automated appointment scheduling for freight brokers and carriers, handling stop scheduling across facilities via email, phone, or portal.
AI & Machine LearningLogistics & Supply ChainSaaS
Infinicept provides payment platform solutions including managed advisory services, PayOps software, and Launchpay (a Payfac-as-a-Service offering) for software companies, banks, processors and payment companies to embed and facilitate payments.
Enterprise SoftwareFintechSaaSDenver, US
Deana Rich(GM, Paysolve Advisory Services & Co-Founder)Todd Ablowitz(Co-founder)
Co-investorsMissionOG
Justt provides AI-based automation for managing payment chargebacks and first-party misuse disputes, aiming to recover revenue and improve dispute win rates for merchants.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Roenen Ben-Ami(Founder)in
Co-investorsAurum Venture PartnersF2 Venture CapitalOak HC/FTTantaucoSelah Ventures
Loop builds AI-powered software for transportation spend and payment management in the supply chain, using an LLM and an "atomic task" system to structure supply chain data and automate back office financial processes.
AI & Machine LearningData & InfrastructureFintechLogistics & Supply Chain
Matt McKinney(Co-Founder & CEO)inShaosu Liu(Co-Founder & CTO)in
Co-investorsIndex Ventures8VCFlexportFounders FundSusa VenturesValor Equity Partners+3 more
Nium operates a payments infrastructure with APIs, licenses, and a global network that lets businesses send and receive money across countries and currencies in real time.
Enterprise SoftwareFintechSaaS
Prajit Nanu(Founder & Chief Executive Officer)
Co-investorsGSR VenturesVertex GrowthVertex VenturesAtinum Investment Co. Ltd.Beacon VCInformed Ventures Advisors, Llc+5 more
Relay (North One) provides business banking and financial management software for small business owners.
FintechSaaS
Eytan Bensoussan(Founder)inJustin Adler(Founder)in
Co-investorsBattery VenturesNext Legacy Partners
Nue is a unified platform for configure-price-quote (CPQ), billing, and revenue lifecycle management designed for SaaS and subscription businesses.
Enterprise SoftwareFintechSaaS
Co-investorsInovia Capital
Opal Electronics Inc. designs and manufactures high-end consumer electronics, having started with webcams, aimed at demanding enthusiasts who want distinctive design, feel, and function.
ConsumerHardware
Co-investorsCoalition OperatorsKindred VenturesSamsung NextShrug CapitalSpice Capital
OpenInfer builds inference infrastructure and tools that enable AI models to run efficiently on resource-constrained platforms and edge devices.
AI & Machine LearningCloud ComputingDeveloper Tools
Behnam Bastani(Co-Founder & CEO)Reza Nourai(Co-Founder & CTO)Kam Eshghi(Chief Business Officer)
Co-investorsCota CapitalMFV PartnersTau VenturesEssence Venture Capital
Outgo provides invoice factoring for trucking businesses and owner-operators, offering fast payment on invoices and a debit card that lowers factoring rates.
FintechLogistics & Supply Chain
Co-investorsGradient VenturesUpper90
Parade is an AI-powered platform for freight brokerages and 3PLs that automates carrier sourcing, load matching, and capacity management.
AI & Machine LearningLogistics & Supply ChainSaaS
Tony Wu(Founder)inAnthony Sutardja(Founder)in
Co-investorsBase Venture Management, Inc.Beyond CapitalMenlo Venturesat.inc/Earthshot Ventures
A parental leave management platform that provides customizable paid leave policies for employers, handling employee claims, disability coverage, and compliance with federal and state regulations.
HR Tech
Co-investorsBread And Butter Ventures, LlcCoyote VenturesEntrepreneurs Roundtable Accelerator (ERA)K Street CapitalResilienceVCHuman Ventures+1 more
Rail provides digital asset infrastructure for financial institutions, including custody, stablecoin settlement (RLUSD), and prime brokerage services such as multi-asset clearing, cross-margining, and risk-based financing.
Crypto & Web3Enterprise SoftwareFintech
Co-investorsAntiEarl Grey CapitalWEEKEND
Rectangle provides a single API that unifies shipment data — including tracking, shipment, and customs data — across a company's transportation network.
Data & InfrastructureLogistics & Supply ChainSaaSChicago, US
Matthew Salafski(Executive Officer, Director)Matt Salefski(Co-founder & CEO)
Co-investorsIllinois VenturesIron Prairie
Resolve provides a platform that unifies B2B payments, invoicing, and net terms financing in a single embedded solution for business buyers and sellers across ecommerce, marketplaces, and traditional sales channels.
AI & Machine LearningE-commerceEnterprise SoftwareFintechSaaS
Co-investorsClocktower VenturesCommerce VenturesEudemian VenturesFlucas VenturesHaystack
Snapp is an AI sports analyst chatbot that provides data-driven insights on injuries, matchups, odds, and player statistics for fans, bettors, and fantasy sports players.
AI & Machine LearningSports Tech
Co-investorsEntrepreneur VenturesValia Ventures
Spenmo provided a spend management platform for businesses, offering bill management with smart scanning and accounting integrations, corporate Visa debit cards, and reimbursement workflows through licensed payment partners.
Enterprise SoftwareFintechSaaSSingapore, SG
Co-investorsITERATIVERocket Internet SESilicon VenturesGlobal Founders CapitalLocus VenturesTeam Ignite Ventures
Spherecast is an AI-powered supply chain platform that automates planning, forecasting, and execution for omni-channel consumer packaged goods (CPG) brands.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSSan Francisco, US
Leon Hergert(Founder)inPaul Dietrich(Founder)inPascal Schindler(Founder)in
Co-investorsTranspose Platform ManagementY Combinator
Stake provides a platform for renters to earn cash back on rent payments and move-in costs through a network of over 550,000 homes, while also helping renters build credit and access savings tools.
B2B MarketplacesFintechPropTech
Rowland Hobbs(Co-Founder & Board Director, Chief Executive Officer)inJimmy Jacobson(Co-Founder, Head of Product)in
Co-investorsHamilton VenturesRET VenturesShadow Ventures
Distributional has rebranded as Talaria Scientific following a company pivot.
AI & Machine Learning
Co-investorsAndreessen HorowitzAngel Collective Opportunity FundOregon Venture FundPoint72 VenturesOperator Collective
TalentDesk is a platform for managing external workforces, unifying onboarding, project tracking, compliance, and payments for freelancers, contractors, and vendors in one place.
Future of WorkHR TechSaaS
The Good Drone Company (GDC) operates a fleet of heavy-lift, long-endurance hybrid cargo drones for autonomous aerial delivery, serving healthcare supply chains, high-cost-of-downtime industries, e-commerce, and third-party logistics (3PL) providers.
HardwareLogistics & Supply ChainRobotics
Toolbx provides an e-commerce platform built for building supply and construction materials businesses, offering a digital storefront, online quoting, order management, text-based customer messaging, online payments, and ERP integration.
Construction TechE-commerceSaaS
Co-investorsAllied Venture PartnersFlucas VenturesGroundBreak VenturesOverton Venture CapitalSuperSeed VenturesAlpaca VC
Trackstar provides an API platform that connects 178+ warehouse management systems, shopping carts, and carriers through a single unified interface.
Enterprise SoftwareLogistics & Supply ChainSaaSNew York City, US
Jeremy Schneck(Founder)inDaniel Langer(Founder)in
Co-investorsTMVUnanimous CapitalY Combinator
Turaco provides simple, affordable microinsurance products for mass-market and underserved customers in Africa, delivered through partnerships with brands and financial institutions.
FintechImpact & Social GoodInsurTechWilmington, US
Charles Welden(Director)Rachel Levenson(Director)Theodore Pantone(Director)Peter Gross(Director)Brekly Pantone(Director)
Co-investorsAfricInvestAmbassadors Impact NetworkEnza CapitalGlobal PartnershipsMercy Corps VenturesMusha Ventures+2 more
Unit provides financial infrastructure and embedded finance technology that lets companies build and offer banking products such as accounts, cards, and payments.
Data & InfrastructureEnergyFintechSaaSTulsa, US
Itai Damti(CEO)G. Leslie Austin(Senior Vice President and Chief Financial Officer)David P. Dunham(Senior Vice President - Business Development)David T. Merrill(President, Chief Executive Officer and Director)Robert Anderson(Director)Alan Carr(Director)
Co-investorsAccelAlephBetter Tomorrow VenturesTLV PartnersAFG PartnersKearny Jackson+1 more
Unqork provides a low-code/no-code platform that helps enterprises in financial services, insurance, and healthcare build and manage complex software systems with governance, security, and transparency.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSNew York, US
Gary Hoberman(Founder & CEO)Alex Schmelkin(Executive Officer)Bassam Chaptini(Executive Officer)David Sullivan(Executive Officer)
Co-investorsBlue CollectiveCapitalGEQUIAMFin CapitalMarch Capital PartnersMillennium New Horizons+7 more
VGS is a payment tokenization and credential management platform that secures sensitive payment data for Fortune 500 companies, merchants, fintechs, and banks.
CybersecurityData & InfrastructureEnterprise SoftwareFintech
Marshall Jones(CTO & Co-Founder)in
Co-investors408 VenturesAndreessen HorowitzBrighter CapitalDniproGMO VenturePartnersGraph Ventures+5 more
Vooma builds AI-powered software for the freight and logistics industry, serving brokers, carriers, and 3PLs.
AI & Machine LearningLogistics & Supply ChainSaaS
Jesse Buckingham(Co-Founder)inMike Carter(Co-Founder)in
Co-investorsNFI Ventures, LLC
WayTrade operates a technology platform for trading low-carbon feedstocks such as used cooking oil (UCO), connecting fuel producers, aggregators, and feedstock suppliers across a global network.
B2B MarketplacesCleantechLogistics & Supply Chain
Co-investorsClimacticConstruct CapitalMaC Venture CapitalMaple VC
Exits · 1
IPOs and acquisitions across the tracked portfolioCatalystacq. by Totango
Portfolio news
latest coverage across their companiesRail · lbc.co.uk · Aug 15, 2026
Catalyst · techcrunch.com · Aug 11, 2026
Nium · paymentsdive.com · Jul 23, 2026
Stake · marketbeat.com · Jul 19, 2026
Parade · sookenewsmirror.com · Jul 13, 2026
Cardless · ffnews.com · Jul 10, 2026
OpenInfer · bizjournals.com · Apr 2, 2026
Dockware · cortado.ventures · Nov 5, 2025
Frequently asked questions
- How many investments has Operator Stack made?
- Operator Stack has 44 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does Operator Stack invest at?
- Operator Stack invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Operator Stack focus on?
- Operator Stack focuses on B2B Marketplaces, Fintech, Logistics & Supply Chain, SaaS.
- Where is Operator Stack located?
- Operator Stack is headquartered in South Lake Tahoe, US.
- Who does Operator Stack co-invest with?
- Operator Stack most often shares deals with Clocktower Ventures, Y Combinator, Andreessen Horowitz, among 138 tracked co-investors.
Co-investors · 11
Commerce Ventures is a venture capital firm that partners with entrepreneurs building platforms for the future of retail and financial services.
SoftBank Vision Fund invests globally in AI-focused companies working to transform and create industries.
Freestyle Capital is an early-stage venture capital firm based in San Francisco that invests in consumer and web-based enterprise technology companies. The firm provides capital and operational support to portfolio companies.
Accel-KKR is an investor in enterprise software companies that has operated for 25 years, providing resources and expertise to help companies advance.
Scale Venture Partners is an early-stage investor that backs AI companies, supporting them as they evolve from founder-led growth into a scalable go-to-market operation.
Citi Ventures is the corporate venture capital arm of Citi, based in Palo Alto with additional offices in New York, Shanghai, and Singapore. The unit makes equity investments and develops innovations that align with Citi's strategic priorities, working with both internal business units and external companies.
Engineering Capital is a seed-stage venture firm that backs entrepreneurs driven by deep technical insights, often investing before founders have formally started their company.
AV8 Ventures is an early-stage venture capital firm that backs startups across healthcare, enterprise, financial services and deep-tech, aiming to help founders build category-defining companies.
Flint Capital invests in early-stage companies across the United States, Israel, and Europe. The firm provides growth capital and facilitates market entry for portfolio companies into the US market.
Team Ignite is an early-stage venture capital firm investing at the pre-seed and seed stages, using a network-first, high-volume approach to back ambitious founders.
Markd is a venture capital firm focused on insurtech, backing founders building AI and emerging technologies, modern distribution platforms, and solutions for underserved insurance markets. Its name pays tribute to the fire marks associated with insurance's origins.
Firms observed investing alongside Operator Stack, from public investor directories. Shared companies are the overlap with Operator Stack's recorded portfolio.
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