Stakpak Raises $500K in Pre-Seed Funding

  • Funding Acquisition: Stakpak secured $500,000 in pre-seed funding, led by P1 Ventures with participation from other notable investors, to advance its AI-powered Integrated Development Environment (IDE) aimed at simplifying DevOps processes.

  • Enhanced Productivity: Early users report a fivefold increase in project delivery speed and 16 times faster migration processes, leading to significant cost savings for engineering teams.

  • Global Expansion Goals: The investment will support operations in the U.S. while expanding engineering capabilities in Egypt, showcasing Stakpak’s potential in the global market.

  • Critical Issue Addressed: Stakpak targets the inefficiencies in DevOps, which cost the U.S. software industry an estimated $51 billion, by automating infrastructure management to allow engineers to focus on product development.

  • Positive User Feedback: Users with minimal DevOps experience have praised the platform’s ease of use, indicating its effectiveness in reducing complexity in infrastructure setup.


Stakpak, Inc. has successfully closed a $500,000 pre-seed funding round to accelerate the development of its groundbreaking AI-powered infrastructure platform. The investment was led by P1 Ventures with participation from Digital Currency Group, 500 Sanabil, and prominent angel investors.

Among the notable angel investors are Moataz Soliman and Omar Gabr, co-founders of the AI-powered observability platform Instabug. This strategic investment marks a significant milestone for the emerging tech company.

The newly acquired capital will primarily fuel Stakpak’s expansion efforts in the United States, focusing on business operations and market growth. Additionally, the funding will strengthen the company’s engineering and product teams in Egypt.

Stakpak addresses a critical issue in software development—the overwhelming complexity and inefficiency of DevOps processes. In the U.S. alone, this problem represents a staggering $51 billion inefficiency that drags down engineering productivity.

The company’s innovative solution comes in the form of an AI-powered Integrated Development Environment (IDE) specifically designed for software infrastructure. This platform dramatically reduces the time required to build production-ready infrastructure.

What once took weeks now takes mere hours, thanks to Stakpak’s autonomous AI agents. This transformation allows engineers to focus on building products rather than wrestling with infrastructure complications.

Early adopters have already experienced remarkable results. Companies using Stakpak’s platform have delivered projects five times faster than before. Even more impressively, migration tasks that previously consumed substantial time are now completed 16 times faster.

These efficiency gains come without requiring specialized DevOps expertise, making advanced infrastructure management accessible to more development teams. For larger engineering organizations with over 100 full-time employees, the cost savings can reach six to seven figures.

Mikael Hajjar, Co-Founder and Managing Partner at P1 Ventures, expressed enthusiasm about the investment: “We’ve been impressed by George’s vision for Stakpak and inspired by the quality of his product and his relentless speed of execution, despite the limited resources.”

Hajjar further highlighted the founder’s unique positioning: “We believe his domain expertise as an early engineer in the US, Europe, and the Middle East uniquely positions him to build a global business.”

George Fahmy, CEO and founder of Stakpak, Inc., emphasized the significance of securing backing from innovative regional investors while building a globally competitive product with team members from Egypt and Africa.

“Businesses underestimate the impact LLMs could have on software infrastructure because infrastructure failures can negatively impact your revenue stream,” Fahmy noted. He highlighted the company’s achievements in 2024, building “the most reliable code generation for infrastructure as code like Terraform and OpenTofu.”

Looking ahead, Fahmy announced plans for 2025: “This year we’re launching the most reliable AI Agent for DevOps work, unlocking massive value for software businesses globally.”

The Stakpak platform, along with an early version of its agent, is currently available at stakpak.dev. Early customers have provided enthusiastic testimonials about the platform’s impact on their operations.

Rami Elsawy, CTO of CheckFirst AI, shared his team’s experience: “As a team of developers with limited experience in DevOps, we were blown away by how Stakpak helped us streamline our infrastructure setup.”

Similarly, Maged Shalaby, Head of Engineering at Preventia, offered a straightforward assessment: “AWS is now 100 times easier. I wish we had this 3 years ago.”

As software development continues to grow in complexity, Stakpak’s AI-driven approach offers a promising solution to a widespread industry challenge, potentially saving companies significant time and resources while improving overall development efficiency.


Follow us on InstagramLinkedIn, and Twitter for startup & business news and inspiring stories of MENA businesses, entrepreneurs, startups, innovators, investors, and change-makers.

To report any issue or error in the story, please email us editor [at] rasmal [dot] com.


Summary of Stakpak’s Funding and Key Details

Startup Information:

  • Name: Stakpak, Inc.
  • Focus: AI-powered Integrated Development Environment (IDE) for DevOps processes.

Funding Details:

  • Funding Amount: $500,000
  • Funding Stage: Pre-seed
  • Lead Investor: P1 Ventures
  • Other Investors:
    • Digital Currency Group
    • 500 Sanabil
    • Moataz Soliman (Co-founder of Instabug)
    • Omar Gabr (Co-founder of Instabug)

Founders:

  • George Fahmy – CEO and Founder

Investment Highlights:

  • The funding will be used for:
    • Expansion in the U.S.
    • Growth of engineering teams in Egypt
    • Development of the platform and operational enhancements

Product Impact:

  • Efficiency Gains:
    • 5x faster project delivery
    • 16x quicker migrations
  • Cost Savings: Six to seven figures for large organizations.
  • Market Potential: Addressing inefficiencies worth $51 billion in U.S. software development.

Strategic Insights:

  • Mikael Hajjar from P1 Ventures praises George Fahmy’s vision and execution.
  • Emphasis on the global market potential, leveraging expertise from the U.S., Europe, and the Middle East.

Launch Plans:

  • Future release of the most reliable AI Agent for DevOps by 2025.

Customer Testimonials:

  1. Rami Elsawy, CTO of CheckFirst AI: Remarked on streamlining infrastructure setup.
  2. Maged Shalaby, Head of Engineering at Preventia: Found AWS management significantly easier with Stakpak.

Contact and Follow-Up:

  • Stakpak’s platform can be accessed here.
  • Follow Stakpak for updates on platforms such as Instagram, LinkedIn, and Twitter.

Source link

Leave a Reply