Stacks

?? Exciting news! Today, we’re launching Stacks, the AI-powered financial close platform for mid-to-large enterprises. Over the past year, we’ve worked closely behind the scenes with incredible customers like Juni, Volt, and Cleo to reimagine the financial close process. Now, we’re opening it up to everyone. Financial close shouldn’t be a painful, manual process—it should be continuous and as simple as one click. By automating repetitive tasks, finance teams can shift their focus to high-impact strategic work that truly drives business growth. We’re rolling out Stacks globally, focused on Europe, where multi-entity and multi-country complexities make financial close especially challenging—and the opportunity for impact is huge. To power this next generation of finance automation, we’re thrilled to announce $10M in funding led by EQT Ventures and General Catalyst, with participation from S16vc and incredible angel investors. Huge thanks to Kaushik, Marnix, Zeynep, Alex, Oleg, and Aleks for believing in our vision. It’s been an incredible journey, and we’re just getting started. Check the comments for more on our launch. #AI #FinanceAutomation #FinancialClose #AccountingTech #StartupLaunch

The term strategic partner gets thrown around a lot in the finance world, but what does it look like in practice? According to Simone Rüschenberg, interim CFO at Taktile and co-founder of Finance Leaders League, it starts with clear and digestible communication to stakeholders. Instead of relying on finance jargon, the best accountants and finance professionals help their teams make better decisions by breaking down numbers in a way that’s easy to understand. And as Taktile continues to scale following their recent Series B, it’s a great reminder that finance leaders play a critical role in driving growth at high-performing companies. Watch this short clip from Simone, then check out our recent write up for more insights - link in the comments!

Is Accounting Ready for a Bigger Role? We asked some of the best CFOs and accounting leaders this question, and here’s what they shared. (Felicia Su, Tom Stenhouse, Joshua Waldron, Ruben Arnbert, Simone Rüschenberg, Vladi Vinogradsky) Modern finance teams aren’t just responsible for closing the books - they need to provide insights that drive business decisions. But making this shift isn’t easy. So where do you start? ? Shift the culture - Elevate accounting from a compliance function to a strategic powerhouse. ? Invest in skills and upskill your team - Go beyond reporting and focus on data-driven decision-making. ? Break down silos - Work cross-functionally with HR, legal, and ops to streamline workflows. ? Leverage technology - Automate manual tasks and unlock real-time financial insights. We’ve pulled together key insights from these conversations - check out the slides below for expert takeaways, and dive into the full blog in the comments. This is part one of a four-part series on transforming accounting teams. What do you think? Let’s discuss this in the comments.

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Fintech moves fast; Juni’s finance team moves even faster. ?? Scaling across multiple markets meant more transactions, more reconciliations, and bigger workloads. Looking for an innovative solution, Juni turned to Stacks - automating 95% of its account reconciliations, eliminating 5,000+ lines of manual journal entries, and cutting their close time by 3.5 days. Now, their finance team isn’t just keeping up; they’re leading the way. ?? Read the full case study in the comments below.

Fintech moves fast; Juni’s finance team moves even faster. ?? Scaling across multiple markets meant more transactions, more reconciliations, and bigger workloads. Looking for an innovative solution, Juni turned to Stacks - automating 95% of its account reconciliations, eliminating 5,000+ lines of manual journal entries, and cutting their close time by 3.5 days. Now, their finance team isn’t just keeping up; they’re leading the way. ?? Read the full case study in the comments below.

Another week, another wave of fintech moves! ?? Here are some of the biggest headlines you might’ve missed: ?? ClearBank powers embedded savings for Capital on Tap ?? Stacks secures $10M to revolutionize accounting with AI ?? CM.com raises €20M to fuel growth and AI Innovation ?? Tomorrow and Solaris SE Launch Sustainable Savings Account Did we miss any major stories? Let us know in the comments! ?? #FintechNews #Funding #Payments #Banking #AINews

Finance teams are seeking faster, more efficient ways to close the month’s books. Stacks empowers finance teams with applied AI, reducing closing time by 50% and ultimately streamlining it into a one-click process. We’re thrilled to co-lead Stacks’ $10M seed round and welcome Albert and the entire team to the GC Famiglia. "Within just six months of its launch, Stacks has delivered meaningful results for its customers. Albert’s relentless dedication to building a best-in-class product and rapidly shipping new features has driven deep customer obsession. In an industry where CFOs are cautious about adopting new tools for essential tasks like financial reporting, the positive feedback speaks volumes about the impact Stacks is making." -GC’s Zeynep Yavuz Explore more in the comments. #AppliedAI

?? Exciting news! Today, we’re launching Stacks, the AI-powered financial close platform for mid-to-large enterprises. Over the past year, we’ve worked closely behind the scenes with incredible customers like Juni, Volt, and Cleo to reimagine the financial close process. Now, we’re opening it up to everyone. Financial close shouldn’t be a painful, manual process—it should be continuous and as simple as one click. By automating repetitive tasks, finance teams can shift their focus to high-impact strategic work that truly drives business growth. We’re rolling out Stacks globally, focused on Europe, where multi-entity and multi-country complexities make financial close especially challenging—and the opportunity for impact is huge. To power this next generation of finance automation, we’re thrilled to announce $10M in funding led by EQT Ventures and General Catalyst, with participation from S16vc and incredible angel investors. Huge thanks to Kaushik, Marnix, Zeynep, Alex, Oleg, and Aleks for believing in our vision. It’s been an incredible journey, and we’re just getting started. Check the comments for more on our launch. #AI #FinanceAutomation #FinancialClose #AccountingTech #StartupLaunch

Amsterdam-based Stacks, an AI-powered workspace helping companies close their books quickly and efficiently, has secured a combined $10M (€9.5M) in consecutive funding rounds led by EQT Ventures and General Catalyst. Read more about the deal here: https://lnkd.in/g9pVFnAR Albert Malikov, Mike Taylor, Simone Rüschenberg #SiliconCanals #News #Funding #Amsterdam