Stacks, founded by ex-Uber and Plaid leaders, has secured €19M ($23M) Series A funding led by Lightspeed, with participation from EQT Ventures, General Catalyst, and s16vc Founders for Founders Fund. The capital will accelerate development of Stacks’ AI-powered finance platform, designed to automate month-end close, reconciliations, and journal entries.
Stacks’ AI Flux Analysis provides explainable variance insights, helping finance teams identify anomalies faster and reduce manual effort. Early adopters including Motorway, Cleo, Bloom & Wild, Volt, and Nivoda report faster closes, improved accuracy, and significant time savings.
Strategically, the platform addresses a growing need for intelligent automation in enterprise finance, where complexity, compliance, and speed are critical. By combining AI agents with finance workflows, Stacks aims to reduce human error, accelerate decision-making, and scale operations efficiently across global clients.
Overall, this funding and platform expansion signals a shift toward AI-driven finance, positioning Stacks to make intelligent agents a standard tool in modern enterprise operations.
 Series A funding led by Lightspeed, with participation from EQT Ventures, General Catalyst, and s16vc Founders for Founders Fund.){kind=link}