Stacks, a London, UK-based agentic platform for enterprise finance, has raised $23 million in Series A funding.
Investors
The round was led by Lightspeed Venture Partners, with participation from EQT Ventures, General Catalyst, and S16VC.
Lightspeed Venture Partners is a global, multi-stage venture capital firm managing over $40 billion in assets under management (AUM). With offices in the U.S., Europe, India, Israel, and Southeast Asia, the firm has backed over 1,000 companies, focusing on disruptive innovations in enterprise, consumer, health, and fintech sectors.
Stacks Use of Funds
The funding will be used to expand Stacks’ AI-driven finance platform, accelerate product development, and scale enterprise adoption worldwide.
About Stacks
Founded by Albert Malikov, Stacks is an AI platform designed to streamline enterprise accounting workflow. The company uses AI agents to automate tasks such as reconciliations, journal entries, variance analysis, and reporting. Stacks provides a centralized dashboard for tracking close activities, ensuring audit readiness, and improving operational efficiency. Headquartered in London, UK, Stacks serves 30 clients, including Future and Epidemic Sound.
Funding Details
Company: Stacks
Raised: $23.0M
Round: Series A
Funding Date: February 2026
Lead Investor: Lightspeed Venture Partners
Additional Investors: EQT Ventures, General Catalyst, S16VC
Company Website: https://stacks.ai/
Software Category: AI Finance / Accounting Automation / Enterprise Financial Intelligence
Source: https://stacks.ai/resources/stacks-raises-23-million-to-reinvent-finance-operations-with-agentic-ai