Stockpress – a platform changing how distributed teams approach file management – recently announced it has raised $1.8 million in seed funding, bringing its total to $2.5 million. The funding round was led by Argon Ventures, with participation from York IE, Two Lanterns VC, The The Fund XX/Everywhere Ventures, and follow-on investment from Stage 2 Capital and deftly.vc
Created for teams whose work depends on finding and sharing files, Stockpress combines the ease of use of file management with the features of digital asset management (DAM) software. And the Stockpress platform helps eliminate the friction of distributing digital media and activating partnerships through scalable team collaboration. With an unlimited user model, Stockpress enables distributed teams to more easily collaborate with employees, agencies, and freelancers. The oversubscribed funding round reflects a strong one-year performance for Stockpress in which revenues have grown, margins have remained high, and product-led user growth continues to accelerate.
Stockpress’ team prides itself on its commitment to growing with its existing customers. And by consistently adding features and integration to address customer needs, the company has achieved a 94% growth in storage for its paid accounts over the past year. Stockpress’ average account value doubled over the last eight months.
With the new funding round, Stockpress will be able to grow its team and invest in its motion to attract, engage, and convert new customers from the burgeoning content, marketing, and creative communities.
Stockpress was built to be a simple, scalable, and secure file management solution for distributed teams. And Stockpress’ differentiated technology includes unlimited custom user roles and teams, file imports from Dropbox, Box, and Google Drive, the ability to identify and combine duplicate files, visual search and filter, flexible metadata mapping, custom and AI tagging, file versioning, advanced reporting on file usage and team stats, and FTP capabilities for media teams operating in the field. The features enables teams to find and share files more easily — enabling enhanced collaboration and less file frustration.
Stockpress’ founding team is comprised of Storry, Ian Parkes (Chief Revenue Officer), Bart Romanowski (Chief Technology Officer), and Kamila Romanowska (Chief Creative Officer). Before building Stockpress, the four founding members ran a successful digital development agency for 12 years. This team was continuously frustrated by having to use a combination of DAMs and file management platforms to collaborate on files with freelancers and clients.
The team had built Stockpress initially as an internal tool for the agency. And it was soon adopted by clients and gained momentum as a standalone solution across various industries.
Stockpress users are able to sign up for free with 3 GB of storage and unlimited users. And packages begin at just $49 per month, all with unlimited users, with premium packages available for customers who require advanced file management features and account support.
KEY QUOTES:
“We’re excited to continue scaling the Stockpress business — not just in terms of new customers, but growing through our existing customer base too. We’re building integrations with the tools our customers are using every day. Whether it’s project management, design, or communication, we’re looking to be the hub for teams to organize, share, and find media files.”
— Jessica Storry, CEO and Co-founder at Stockpress
“Digital media reigns supreme in our increasingly online world. We believe that businesses are aching for new tools to help in their media production and then activate marketing, advertising, and partnership collaborations. Generative AI media tooling will also reshape how media is produced and distributed – and by whom. Stockpress’s approach has the opportunity to be very disruptive to legacy incumbents in the file sharing and DAM world.”
— Bob Mason, Co-Founder and Managing Partner at Argon Ventures
“We love working with founders that are solving pain points they’ve experienced first-hand — and that’s exactly what Jessica and the Stockpress team are doing. There’s a major void in the market between file management solutions and DAMs. Stockpress is the modern, cost-effective way for distributed teams to get the best of both worlds.”
— Marshall Everson, VP of Investments and Strategy at York IE
