Stacks, an agentic platform for enterprise finance, has raised a $23m (£17m) Series A funding round.
The fintech group, which emerged from stealth last year with a $12m (£8.9m) seed investment, has built a platform that connects into finance systems to bring together fragmented data to provide a single, consistent view.
It also offers AI agents that can be deployed to automate operational workflows.
“We started with the most manual and foundational workflows in finance: accounting and the close,” said Albert Malikov, founder and chief executive of Stacks.
“From day one, we focused on solving the core problem: fragmented data. By building an AI-ready data layer, we’re unlocking what’s needed to bring AI agents into operational finance, shifting CFO teams from process execution to higher-value analysis and decision-making.”
The Series A round was led by Lightspeed Ventures and included funding from EQT Ventures, General Catalyst and S16VC.
“Stacks is uniquely positioned to tackle some of the toughest challenges in enterprise finance,” said Alex Schmitt, Partner at Lightspeed.
“The team’s mix of technical and finance expertise from Uber and Plaid, along with the company’s remarkable traction, gives us strong conviction that they will lead the AI shift inside the Office of the CFO.”
