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Stacks, an enterprise finance platform, has raised €19 million in a Series A round led by Lightspeed, with participation from EQT Ventures, General Catalyst, and S16VC. This funding follows a €10 million seed round and aims to automate financial workflows, addressing fragmented data in finance operations.

Stacks claims its solutions save clients over 100,000 hours annually by streamlining month-end close processes and reconciliations. The company serves over 30 enterprise clients globally, including Volt and Motorway, and is targeting the $100 billion Office of the CFO market.