The company criticizes the current review-based approach to software assessment, arguing that user-generated reviews are untrustworthy, quickly become outdated, and are not comprehensive. Stackfix has already been used by businesses across Europe and North America in private beta, generating some revenue. The funding round was led by Chalfen Ventures, with participation from Seedcamp and helloworld, and support from angel investors including Mehdi Ghissassi, Matt Clifford, and others.
Key takeaways:
- Stackfix, a startup founded by AI-pioneers behind Jukedeck, has raised $3 million in seed funding to develop an AI system that tests and reviews software, aiming to bring more transparency and independence to the process.
- The startup was founded in response to the growing issue of unreliable user-generated reviews on software marketplaces, where vendors can pay to appear higher in search results and people are bribed to give high ratings to software they've never used.
- Stackfix tests software products in real time, providing an up-to-date, standardized dataset on which to assess software products, offering insights into pricing, features, and performance using an AI approach.
- The funding round was led by Chalfen Ventures, with participation from Seedcamp and helloworld, and the company has already generated some revenue from businesses across Europe and North America using Stackfix in private beta.