Fiveonefour Nets $17M for Developer Tools Built for AI Workloads

Fiveonefour, a Portland-based startup founded in 2023 by former Nike engineers, has raised $17 million to expand its suite of developer tools for building AI-ready data infrastructure. The latest funding round, led by Dimension Capital with participation from Stage 2 Capital, Flybridge Capital Partners, Ridge Ventures, Tokyo Black Venture Capital, and Vermillion Cliffs, will support enterprise adoption, deepen technical partnerships, and grow its open-source community.

The company was started by CEO Tim Delisle, who previously sold his first venture, Datalogue, to Nike in 2021 before leading enterprise data engineering there. He co-founded Fiveonefour with Chris Crane and Nicolas Joseph, both of whom also worked at Nike, with the aim of making it easier for developers to integrate analytics and AI infrastructure into applications without sacrificing performance.

“Modern analytical use cases need more than a classic data warehouse with some dashboards,” Delisle said. “AI agents and custom applications demand flexible, performant infrastructure coupled with developer and AI-friendly software interfaces like APIs and MCPs.”

Building for AI-Ready Workloads

Fiveonefour’s offering is the Moose Stack, an open-source toolkit in TypeScript and Python that abstracts away the complexity of managing databases and pipelines. The stack allows software teams to embed analytics directly into applications. Installations of Moose Stack have been doubling month over month, according to the company, with early adoption across healthcare, manufacturing, and connected fitness.