Dost, an AI-powered financial automation platform founded in Barcelona, has launched in the UK following a £6m Series A round led by London-based Octopus Ventures.
The fintech, which automates financial document processing and supplier management for mid-market enterprises, has successfully completed a pilot phase working with UK enterprise customers across manufacturing, construction, logistics, and automotive.
The firm is now formalising its UK presence with UK based team that will include Dost co-founder and chief executive Adam Barbera.
“We spent the last three years solving these problems for European companies – refining our AI on millions of real-world transactions,” Barbera said.
“UK businesses face identical challenges, but the market is significantly larger and more receptive to proven innovation. The endorsement from Octopus Ventures validates that our technology translates across borders – and that we’re ready to scale here.”
The investment round included participation from TQ Ventures, Draper B1, Born Capital and Eoniq.fund.
“Dost is an AI-native platform tackling one of finance’s most entrenched inefficiencies – invoice processing,” said Octopus Ventures partner Uthish Ranjan.
“Its product thrives in the messy, unstructured reality of mid-market and enterprise operations. The customer feedback we heard speaks for itself: they’re consistently impressed by Dost’s ability to process complex data at scale with remarkable accuracy.
“We’re proud to support them as they build on strong momentum and double down in the UK.”
