Albert Malikov - CEO of Stacks, announcing their $23m Series A!

Stacks, the agentic platform for enterprise finance, has raised a $23M Series A led by Lightspeed, with EQT Ventures, General Catalyst, and S16VC doubling down. The round comes less than a year after Stacks’ $12 million seed financing led by General Catalyst, underscoring the company’s rapid traction and momentum.Since emerging from stealth less than a year ago, Stacks has onboarded more than 30 enterprise customers globally, saving finance teams over 100,000 hours annually by automating reconciliations, journal entries, and the month-end close.The Scaling Europe show is presented by Deel – check them out here:https://get.deel.com/ruynb7o4lfjkTimestamps:0:12 - Stacks announces $23 million Series A funding1:00 - Over 30 enterprises onboarded to platform2:01 - Monthly financial close workflow explained3:20 - Target customers include finance leaders and accountants6:29 - Time to close the books is 8 hours7:05 - 30% of customers are in the US8:11 - Future goals include significant customer growth9:19 - Launching additional functionality this year12:57 - Transitioning from bootstrap to venture-backed14:02 - Importance of efficiency in finance today15:39 - Flipping the data manipulation equation19:20 - Accelerating R&D to meet customer needs