Series A of $23M led by Lightspeed; comes less than a year after a $12M seed led by General Catalyst. Company has onboarded 30+ enterprise customers and focuses on automating reconciliations, journal entries, and month-end close.
About Stacks
Stacks is a company focused on applying AI to finance automation, targeting the office of the CFO.
London, United Kingdom
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Source: https://stacks.ai/resources/stacks-raises-23-million-to-reinvent-finance-operations-with-agentic-ai
Frequently Asked Questions
What type of funding round did Stacks raise?
Stacks raised a series-a round.
How much did Stacks raise in its series-a?
Stacks raised $23,000,000 USD in its series-a.
Who invested in Stacks's series-a?
The investors in Stacks's series-a are: Lightspeed Venture Partners, EQT, General Catalyst, s16vc.
How will Stacks use the funds from its series-a?
Stacks plans to use the funds for: product expansion (reporting and financial intelligence), scaling agentic AI capabilities, go-to-market and customer expansion.