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SquadStack

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A Saas-Enabled Talent Marketplace for Sales that provides access to work opportunities to anyone, anywhere

Greater Noida, IndiaFounded 2014Jobs Recruitment
Valuation $100–250M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount 500–1k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for SquadStack and the history behind them.

About SquadStack

SquadStack operates as a SaaS-enabled talent marketplace, focusing on enhancing sales funnel efficiency for consumer businesses. The company was founded in 2015 by Apurv Agrawal, Kanika Jain, Vikas Gulati, and Rishabh Ladha. Initially known as SquadRun, the venture was established with the vision of creating a future-of-work platform by integrating artificial and human intelligence. The founders brought diverse experiences to the table; Apurv Agrawal and Kanika Jain were previously involved with the entrepreneurship hub 91springboard, while Vikas Gulati had a background as a software developer at Josh Technology Group. Rishabh Ladha had prior experience in venture capital before joining as a co-founder.

The company's core business revolves around providing a technology-driven outsourcing solution for telecalling. It serves businesses with high-ticket products and services across a variety of sectors including financial services, e-commerce, education, healthcare, and real estate. Clients include notable brands such as Upstox, Razorpay, Tata Digital, and Delhivery. SquadStack's business model is designed to improve sales conversions and funnel efficiency by combining a decentralized network of vetted and trained telecallers with an AI-powered platform. Revenue is generated by providing these managed telecalling services, with a usage-based pricing model that offers flexibility and cost-effectiveness.

SquadStack's platform integrates several key features to optimize the sales process. It utilizes an AI-powered system for intelligent lead matching and omnichannel outreach via calls, SMS, and WhatsApp. The platform includes a guided calling application for sales experts to ensure script compliance and efficient information capture. A significant component is the blend of AI and human oversight for quality monitoring and performance analytics, which provides businesses with actionable insights to improve their return on investment. In early 2025, the company launched a 'humanoid AI agent' as part of an all-in-one customer support stack, designed to automate up to 80% of interactions while escalating complex issues to human specialists. This system was trained on over 90 million minutes of real human conversations to enhance its effectiveness. The company has secured a total of $24.7 million in funding over four rounds, including a $17.6 million Series B round in August 2022 led by Bertelsmann India Investments.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Greater Noida, India
Employees
845
Open positions
None listed
Dealroom signal
82.3/100
Industry
Jobs Recruitment
Sector
Jobs Recruitment
Business model
SaaS
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Sep 2023 $0 — JioGenNext ↗
SERIES B✓Equity / VC Aug 2022 $18M $70M Blume Ventures · Chiratae Ventures ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024 —
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Growth signals

SquadStack website traffic

Latest recorded traffic for SquadStack is 16K monthly website visits, up 102.5% over the last three months. SquadStack's team grew 7.4% over the past year.

Latest monthly visits16K 3-month web change+102.5% 1-year team growth+7.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

  • India Internet Fund
  • Deepinder Goyal
  • Amit Ranjan
  • Nihal Mehta
  • Zishaan Hayath
  • Powai Lake Ventures
  • JioGenNext

Series A8 investors entered at this stage

Other known investors3 additional known investors

  • Smile Group
  • Bertelsmann India Investment
  • Gokul Rajaram
Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇮🇳 India97.1%
🇫🇷 France0.5%
🇮🇩 Indonesia0.2%
🇧🇪 Belgium0.2%
🇶🇦 Qatar0.2%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SquadStack on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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