# Asana buys no-code agent builder Stack AI as it tries to become the operating system for human-agent teams > Source: > Published: 2026-05-29 06:40:34+00:00 #### TL;DR Asana has acquired no-code AI agent builder Stack AI for a reported $75 million, adding cross-system workflow execution to its AI platform. The deal was announced alongside a Q1 earnings beat, with revenue up 9.5% to $205.1 million, as the stock trades 53% below its January level. [Asana has acquired Stack AI](https://asana.com/press/releases/pr/asana-acquires-stackai-adding-cross-system-execution-for-human-agent-teams/e7c73b97-ae8c-4e51-b927-189ccb184146), a no-code platform for building AI agents that operate across enterprise systems like Salesforce, Slack, and Google Workspace. The deal, [reported at $75 million](https://siliconangle.com/2026/05/28/asana-acquires-stackai-run-ai-agent-workflows-across-enterprise-systems/), was announced on 28 May after market close, timed to coincide with Asana’s first-quarter earnings call. Stack AI founders Tony Rosinol and Bernard Aceituno will join Asana. The companies did not officially disclose financial terms. Stack AI was part of Y Combinator’s Winter 2023 cohort and had raised just under $20 million in total funding, including a [$16 million Series A](https://www.stackai.com/blog/stack-ai-raises-16m-series-a-to-create-ai-agents-for-every-job) backed by Gradient, Epaklon Capital, Lobby VC, LifeX Ventures, and Vercel CEO Guillermo Rauch. The platform allows companies to design, test, deploy, and govern custom AI agents that automate business-critical workflows without writing code. ## What Asana gets Stack AI adds a cross-system execution layer that Asana currently lacks. While Asana’s existing AI products, AI Studio and AI Teammates, operate within Asana’s own work management environment, Stack AI’s agents can reach into ERP, CRM, and IT service management systems to automate processes like customer support, compliance workflows, and cross-functional operations. CEO Dan Rogers framed the acquisition as a step toward making Asana the “operating system for human-agent teams,” a phrase the company has used repeatedly since launching AI Teammates as a generally available product in April 2026. AI Teammates is priced at $15 per user per month and provides pre-built agents for roles in marketing, IT, and operations. ## The earnings behind the deal Asana reported first-quarter revenue of $205.1 million, up 9.5% year on year, beating the consensus estimate. Earnings per share came in at $0.10 against a $0.07 consensus, and the company posted record GAAP and non-GAAP operating margins. It raised full-year revenue guidance to $855 million to $863.5 million, up from a prior range of $850 million to $858 million. The numbers were good enough to lift the stock 3.3% in after-hours trading to $6.88, but the broader trajectory has been painful. [The SaaSpocalypse](https://thenextweb.com/news/saas-stagnation-ai-native-agentic-enterprise-spend), a market-wide repricing of per-seat software companies in early 2026, hit Asana hard. The stock has lost more than 53% of its value since the start of the year and trades at roughly $1.5 billion in market capitalisation, down from a peak of nearly $20 billion in 2021. ## A company in transition The acquisition lands during a period of deep change at Asana. Co-founder Dustin Moskovitz announced in March 2025 that he would step down as CEO, and Dan Rogers, formerly of LaunchDarkly and ServiceNow, took over in July 2025. Moskovitz moved to the role of Chair, where he contributes to product vision and AI strategy. Rogers has leaned hard into the AI pivot. The argument is that Asana’s Work Graph, a data model that maps projects, tasks, ownership, and dependencies across an organisation, provides the context and governance layer that AI agents need to operate reliably. Stack AI adds the execution capability, letting those agents carry workflows into systems outside Asana’s walls. ## The competitive pressure Asana is not the only work management company buying its way into AI agents. [Zendesk acquired Forethought](https://thenextweb.com/news/zendesk-acquires-forethought-agentic-ai) in its largest deal in two decades, betting that 2026 will be the year AI agents handle more customer service interactions than human agents. [Google launched a suite of enterprise AI agent tools](https://thenextweb.com/news/google-cloud-next-ai-agents-agentic-era) at Cloud Next 2026. Salesforce has positioned Agentforce as its core product strategy. Monday.com and Notion have both shipped agent features of their own. Stack AI itself faced fierce competition from automation platforms like Zapier and from AI labs like OpenAI and Anthropic, which have built their own agent-building tools. The no-code agent-builder market has grown crowded fast, and Stack AI’s decision to sell rather than raise another round suggests the standalone path was becoming harder. For Asana, the question is whether $75 million buys enough technology to change the company’s trajectory. [Software companies are restructuring around AI agents](https://thenextweb.com/news/gitlab-layoffs-agentic-era-devops-ai) across the industry, and [competitors are cutting staff](https://thenextweb.com/news/clickup-layoffs-22-percent-ai-100x-org-million-salary) to fund the same transition Asana is trying to make through acquisition. A stock that has lost half its value in five months needs more than a narrative shift. It needs the agents to work, the customers to pay for them, and the revenue to accelerate fast enough to justify the bet.