How much funding has Stacks raised?

Stacks has raised $35M in total funding. Their latest funding round was Series A ($23M, Feb 2026). Key investors include Lightspeed, General Catalyst, EQT Ventures, s16vc.

Where is Stacks headquartered?

Stacks is headquartered in London, United Kingdom (also Amsterdam). The company has a team of 11-50 people.

Stacks operates in the AI in Fintech sector. An AI-powered financial workspace that automates month-end close processes, reconciliation, and financial reporting using agentic AI technology. Automates up to 90% of reconciliation work and 99% of manual journal entries, reducing financial close time by 47% while improving accuracy and compliance through AI-powered workflows.

When was Stacks founded?

Stacks was founded in 2024. It is based in London, United Kingdom (also Amsterdam).

How much funding has Stacks raised?

Stacks has raised $35M in total funding. Key investors include Lightspeed, General Catalyst, EQT Ventures, s16vc.

Who is the CEO of Stacks?

Albert Malikov is the CEO of Stacks. The company was founded in 2024.

Where is Stacks located?

Stacks is headquartered in London, United Kingdom (also Amsterdam).

What funding stage is Stacks at?

Stacks is currently at the Early Stage stage.

How many employees does Stacks have?

Stacks has approximately 11-50 employees.

Stacks

Category: AI in Fintech

An AI-powered financial workspace that automates month-end close processes, reconciliation, and financial reporting using agentic AI technology. Stacks was founded in 2024. The company is led by Albert Malikov. Based in London, United Kingdom (also Amsterdam). Team size: 11-50. Total funding raised: $35M. Latest round: Series A ($23M, Feb 2026). Key investors include Lightspeed, General Catalyst, EQT Ventures, s16vc.

Founded: 2024
Headquarters: London, United Kingdom (also Amsterdam)
Team size: 11-50
Total funding: $35M

Value proposition

Automates up to 90% of reconciliation work and 99% of manual journal entries, reducing financial close time by 47% while improving accuracy and compliance through AI-powered workflows.

Products and solutions

Close Management (journals, accruals, working papers), Account Reconciliations / Transaction Matching, Intercompany Matching & Eliminations, AR & Cash / Payment Application, Journal Entry Automation, AI Flux Analysis (Variance Analysis), Reporting & Analysis Suite, Accounting Agents, Financial Close Workspace Platform

Unique value

First platform to combine deterministic machine learning with agentic AI for finance, creating AI agents that can autonomously handle entire accounting workflows from reconciliation to reporting while maintaining full audit trails and compliance.

Target customer

Mid to large enterprise finance teams, CFOs, controllers, and accounting departments seeking to modernize financial operations

Industries served

Enterprise Finance, Financial Technology, Accounting Automation, Enterprise Software, SaaS/Technology Companies, Financial Services

Technology advantage

Built a unified financial data layer that connects directly to all enterprise financial systems (ERPs, Excel, Slack), enabling real-time visibility and consistent financial views. The agentic AI learns from historical accounting decisions and company-specific rules to automate processes that previously required manual judgment, achieving up to 90% automation of reconciliation tasks.

How they differentiate

AI-native agentic platform with unified financial data layer plus deterministic ML + agents for close, recs, intercompany, AR/cash, and flux—vs BlackLine/HighRadius/OneStream incumbents described by company as costly to deploy and poorly rated; claims 50–60% faster close and high auto-match rates with full audit trails

Main competitors

BlackLine, HighRadius, OneStream

Key partnerships

Google Cloud (Technology & Infrastructure Partner), Lightspeed (Series A Lead Investor), General Catalyst (Seed Lead Investor), EQT Ventures (Pre-seed Lead Investor), Major ERP system integrations (Netsuite, SAP, Oracle, etc.)

Notable customers

Epidemic Sound, Volt, Cleo, Nivoda, Motorway, Bumper, Supermetrics, Juni, Genesis, Future, Datavant, Pleo

Major milestones

Founded in April 2024 by Albert Malikov, $3M pre-seed led by EQT Ventures; $7M seed led by General Catalyst (Feb 2025), Appointed Farid Sedjelmaci as COO for UK growth (Jun 2025), $23M Series A led by Lightspeed with EQT, GC, s16vc (Feb 2026); ~$35M total raised, Expanded product into Intercompany, AR/Cash payment application, Accounting Agents, Flux AI, Google Cloud (Google for Startups Cloud) infrastructure partner, Stacks Summit 2026 scheduled London 29 September

Growth metrics

30+ enterprise customers; 100,000+ hours saved annually (Series A claim); close 50–60% faster (LinkedIn); historically 47% close-time cut and 97% fewer manual reconciliations

Market positioning

Emerging AI-first challenger targeting mid-to-large enterprise finance teams seeking intelligent automation over traditional checklist-based close management

Geographic focus

Europe with London HQ and Amsterdam office; strong UK GTM (COO Farid Sedjelmaci); Stacks Summit 2026 London

Patents and IP

No registered patents publicly disclosed as of latest update

About Albert Malikov

Former Head of Product Europe at Plaid (2020-2024), Product Lead at Uber (Uber Money), Co-Founder/CPO at inShopper (2014-2016), with previous experience at UBS Investment Bank and McKinsey & Company

Latest news about Stacks

More AI in Fintech companies

Official website: https://stacks.ai