Lee’s Summit, Missouri, United States
DevStride is a strategic portfolio management software company built for agile teams managing complex, multi-stakeholder work streams. Founded in Kansas City, Missouri, the company was incorporated after an 18-month build phase and launched its paid subscription system in September 2022, closing its first two paying customers within days of turning on billing. Phil Reynolds, CEO and co-founder, built DevStride to solve a problem he could never crack at his prior company, BriteCore, where he served as CEO through a Warburg Pincus-led Series B at a $180 million post-money valuation. Reynolds and his wife self-funded the initial 18 months of DevStride's development with $500,000 before closing a $3.3 million pre-seed round at an $8 million pre-money valuation in 2022. At the time of the interview, DevStride had two paying customers generating roughly $1,000 per month in combined revenue, a seven-person full-time team, and approximately $50,000 in cash remaining from the angel phase. The company targets enterprise software teams that must report progress across multiple products, customers, and investor stakeholders simultaneously.
- Revenue
- $35.7K
- Customers
- 2
- Year founded
- 2021
- Funding
- $3.8M
- Team size
- 15
- Growth
- -