CapStack brings fresh disruption to banking with $6m pre-seed round


CapStack, the pioneering integrated operating system for banks, has officially stepped out of stealth mode, amassing $6m in pre-seed funding.

The funding round was considerably oversubscribed and saw Fin Capital taking the lead. Alloy Labs, Rex Salisbury’s Cambrian Ventures, Cowboy Ventures, Future Perfect Ventures, Gaingels, Selah Ventures, Uncorrelated Ventures, and Valor Equity Partners also took part in the round, demonstrating a strong faith in CapStack’s potential.

The brainchild of Michal Cieplinski, CapStack aims to plug the crucial gaps that have emerged in the areas of loan and deposit exposure, portfolio diversity, and bank profitability. The platform’s innovative approach to inter-bank connectivity is set to have far-reaching implications for risk management. This is especially crucial in a time when maintaining stability and confidence in the banking sector has never been more important.

“CapStack is the first integrated operating system for banks, facilitating cooperation among banks and other financial services institutions to enhance profitability and diversify assets,” said Jillian Williams at Cowboy Ventures. “It’s the solution banks have been waiting for and we’re thrilled to back Michal and his team in this venture.”

The platform’s launch is a significant milestone for CapStack and the banking industry. Michal Cieplinski, the founder and CEO of CapStack, brings over 20 years of experience in financial technology to the table. Prior to launching CapStack, Cieplinski co-founded Pipe, a global trading platform for recurring revenue streams, held the position of Senior Vice President at Lending Club, and co-founded Fundbox.

Cieplinski has assembled a top-notch team for CapStack, which includes Tzvika Perelmuter, CapStack’s co-founder and Chief Technology Officer, and former R&D Team Leader at Fundbox. Cieplinski added, “our innovative platform will radically change the way banks collaborate and manage risks, improving efficiency and instilling confidence in the banking infrastructure.”

Rex Salisbury, Founder and General Partner at Cambrian Ventures noted, “CapStack’s platform is needed now more than ever as small and mid-sized banks can continue to own the relationships they’ve built over decades with their customers, while rebalancing exposure to specific asset classes and geographies on the backend to build more resilient balance sheets.”

Logan Allin, Founder and Managing Partner at Fin Capital, who has joined CapStack’s board, commented, “CapStack has the opportunity to dramatically improve solutions for bank risk management at a critical time for the stability of our country’s banking infrastructure.”

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