Every month, finance teams at mid-market and enterprise companies lose countless hours to the financial close process - a tedious, manual cycle of reconciliations, journal entries, and variance analysis that pulls them away from strategic work. Stacks exists to transform this bottleneck into a streamlined, AI-powered workflow that closes the books in a fraction of the time. The company automates the most repetitive and error-prone accounting tasks, from transaction matching to journal entries, giving finance teams the ability to deliver accurate financial insights on day one of each month rather than day ten or fifteen.
Backed by $23 million in Series A funding from Lightspeed Venture Partners, EQT Ventures, and General Catalyst, Stacks has built an AI-native platform that integrates seamlessly with existing ERP systems. The team combines expertise from top-tier companies like Uber, Plaid, Miro, and OpenAI, bringing together deep knowledge of both finance operations and cutting-edge AI technology. Stacks is reimagining the financial close not just as a faster process, but as a competitive advantage that enables finance teams to shift from manual data wrangling to high-impact strategic work that drives their businesses forward.
