Dost
Category: AI in Fintech
AI-powered financial automation platform specializing in accounts payable and document processing Dost was founded in 2021. The company is led by Adam Barbera. Based in Barcelona, Spain. Team size: 10-50. Total funding raised: €8.9M (approximately £7.8M). Latest round: Series A. Key investors include Octopus Ventures (Series A lead), TQ Ventures, Draper B1, Born Capital, Eoniq.fund.
- Founded
- 2021
- Headquarters
- Barcelona, Spain
- Team size
- 10-50
- Total funding
- €8.9M (approximately £7.8M)
Value proposition
Reduces administrative costs by up to 80% through AI-driven automation, eliminating manual data entry errors and accelerating financial workflows
Products and solutions
AI-powered invoice and delivery note automation, Self-service supplier portal for real-time tracking, Real-time analytics for CFOs on spending patterns, Procure-to-pay and order-to-cash workflow automation, 3-way matching and approval workflows
Unique value
Proprietary AI models specifically trained for complex financial documents, achieving 95% accuracy on 4+ million transactions
Target customer
Mid-sized to large enterprises in manufacturing, construction, logistics, and automotive sectors with high-volume invoice processing needs
Industries served
Manufacturing, Construction, Logistics, Automotive, Enterprise finance departments
Technology advantage
AI trained on 4+ million real-world transactions with 95% accuracy, combined with no-code automation for non-technical users and seamless ERP integrations
How they differentiate
Dost utilizes proprietary AI models trained specifically for complex, high-volume financial document processing rather than relying on third-party OCR tools, achieving 95% accuracy and 80% reduction in administrative costs
Main competitors
Kabilio (Spain - €4M raised for AI accounting tools), Mimo (London/Stockholm - €7.7M for B2B payments and invoice capture), Pennylane (France - €75M for electronic invoicing and accounting), Grasp (Stockholm - €6M for financial analyst productivity tools)
Key partnerships
Octopus Ventures (Series A lead investor), TQ Ventures, Draper B1, Born Capital, Eoniq.fund
Notable customers
150+ enterprise customers including manufacturing, construction, logistics, and automotive sectors (specific names not publicly disclosed)
Major milestones
Launched AI platform in 2021, Secured €430K seed funding (2022), Achieved 95% accuracy processing 4M+ transactions, Expanded to UK with £6M Series A (2025), Onboarded 150+ enterprise clients
Growth metrics
Processed 4+ million transactions with 95% accuracy; 80% reduction in administrative costs for clients; 150+ enterprise customers across Europe
Market positioning
Dost positions itself as an AI-driven financial automation platform specializing in accounts payable and document processing, targeting enterprise customers with proven traction of 150+ European enterprises
Geographic focus
European market with headquarters in Barcelona and recent expansion to UK market
Patents and IP
No publicly disclosed patents as of December 2025
About Adam Barbera
Former enterprise software sales professional at SAP and Tech Data with expertise in business strategy, alliances, and AI fintech innovation
Official website: https://www.dost.io