Stacks Raises €19 Million to Enhance AI-Driven Finance Automation
Stacks, an enterprise finance platform, has raised €19 million in a Series A round led by Lightspeed, with participation from EQT Ventures, General Catalyst, and S16VC. This funding follows a €10 million seed round and aims to automate financial workflows, addressing fragmented data in finance operations. Stacks claims its solutions save clients over 100,000 hours annually by streamlining month-end close processes and reconciliations. The company serves over 30 enterprise clients globally, including Volt and Motorway, and is targeting the $100 billion Office of the CFO market.
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Stacks has raised €19 million in a Series A round led by Lightspeed, with EQT Ventures, General Catalyst, and S16VC participating. This funding follows a €10 million seed round from 2025 and aims to enhance automation in enterprise finance by addressing issues of fragmented data.
The company claims its platform has saved finance teams over 100,000 hours annually by automating key processes such as reconciliations and month-end close. Stacks currently has over 30 enterprise customers, including Volt and Motorway, and is targeting the expanding Office of the CFO software market, estimated at $100 billion.
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