Capstack emerges from Stealth with $6m in Pre-Seed funding

By Gloria Methri

CapStack, the integrated operating system for banks, has emerged from stealth backed by $6 million in pre-seed funding. The round was oversubscribed and led by Fin Capital with participation from Alloy Labs, Rex Salisbury’s Cambrian Ventures, Cowboy Ventures, Future Perfect Ventures, Gaingels, Selah Ventures, Uncorrelated Ventures, and Valor Equity Partners.

Founded by Michal Cieplinski, CapStack is building the platform to address key gaps around loan and deposit exposure, portfolio diversity, and profitability for banks.

“This is a significant milestone for CapStack and the banking industry as a whole,” said Michal Cieplinski, Founder and CEO of CapStack.

With CapStack, Cieplinski brings together a premier team including Tzvika Perelmuter, CapStack’s Co-Founder, Chief Technology Officer, and former R&D Team Leader at Fundbox.

Cieplinski added, “Our innovative platform will transform the way banks collaborate and manage risks, ultimately improving efficiency and instilling confidence in the banking infrastructure.”

Rex Salisbury, Founder and General Partner at Cambrian Ventures said, “CapStack’s platform is needed now more than ever as small and mid-sized banks can continue to own the relationships they have built over decades with their customers while rebalancing exposure to specific asset classes and geographies on the backend to build more resilient balance sheets. Michal’s experience building marketplaces with deep bank partnerships at both Lending Club and Pipe provides a strong foundation for CapStack.”

“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,” said Logan Allin, Founder and Managing Partner at Fin Capital, who has joined CapStack’s board. “Banks still rely on legacy technology for managing risks around their balance sheets, and to restore confidence for consumers, commercial customers, regulators, and other stakeholders, they absolutely need an upgrade. We are thrilled to back Michal again as a repeat founder from within our portfolio and the talented team at CapStack.”