Startup
Stacks AI
London company whose agents run reconciliations, journal entries, variance analysis and reporting for enterprise finance teams, working through the ERP, Excel and Slack rather than a new system of record.
| Founded | 2024, London |
|---|---|
| Founders | Albert Malikov (CEO); team from Uber and Plaid |
| Stage | Series A |
| Total funding | $35m |
| Last round | Series A, $23m, February 2026, led by Lightspeed with General Catalyst, EQT Ventures and s16vc ↗ |
| Earlier rounds | Seed $12m, 2025, led by General Catalyst |
| What it does | Transaction matching, reconciliations, accruals and journal entries, flux analysis and close reporting, connected to NetSuite, SAP, Workday and spreadsheets |
| Traction | More than 30 enterprise customers including Pleo, Epidemic Sound, Cleo, Motorway and Bloom & Wild; close time down 47% and manual reconciliations down 97% at customers |
| Pricing | Not published |
| Markets | UK, Europe, US |
| Peers | Numeric, Maxima, FloQast, BlackLine, Nominal |
Why it matters
Stacks raised $23 million from Lightspeed in February 2026, less than a year after a $12 million seed, and already runs close work for Pleo and Epidemic Sound. It is the UK’s best-funded entry in agentic accounting and the European rival to Numeric and Maxima.
Updated September 2026.
Part of Accountio’s accounting technology coverage.
