Crowell & Moring Advises Stell Engineering in $4 Million Seed Funding Round
Firm News | 1 min read | 03.14.24
A Crowell & Moring Corporate team represented Stell Engineering in an oversubscribed $4 million seed round led by Long Journey Ventures and Cyan and Scott Banister, raising money that will help the early stage software startup continue to scale their team, refine their product, and create new supply chain functions. Third Prime, Wischoff Ventures, Urban Innovation Fund, Forward Deployed VC, and Fulcrum Venture Group also participated in the seed round, along with a group of angel investors.
Founded by Malory McLemore and Anne Wen in 2022, Stell helps companies in heavily regulated industries including aviation, space, defense, medical devices, automotive, energy, and machinery meet complex documentation and compliance requirements. Stell offers tools that allow engineers to more easily track, verify, and validate contract compliance on complex projects.
Crowell partner Jon O’Connell, Counsel Justin Lurie, and Associate Jonathan Camello supported Stell on the transaction.
Insights
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