Dost, a financial automation startup from Barcelona, has collected €6.7 million of Series A capital to speed up its UK expansion drive and to consolidate its position in Spain. This is a landmark event for the company which is growing at a very fast rate and has already processed more than 4 million transactions with 95% accuracy.
The investment round was the lead of Octopus Ventures, a new investor TQ Ventures, and the existing investors Draper B1, Born Capital and Eoniq.fund. Dost’s total funding which was before this raise €2.2 million, is now €8.9 million.
Dost has developed an AI-native platform capable of automating an entire accounts payable cycle of middle-market companies one that can handle complex, multi-page financial documents, a solution its competitors OCR-based tools, are hard-pressed to come up with. Barbera, CEO, and co-founder is moving to London to spearhead the UK venture. “We spent the last three years solving these problems for European companies–refining our AI on millions of real-world transactions,” he said. “UK businesses face identical challenges, but the market is significantly larger and more receptive to proven innovation.”
The decision follows a year of investor interest and a concentration of capital inflows in finance-automation startups all over Europe. In 2025 alone we are witnessing a flurry of activities such as Kabilio raising 4 million Euros for AI-driven accounting; London-Stockholm startup Mimo obtaining 7.7 million Euros; Pennylane in France turning over 75 million Euros; Stockholm-London company Grasp achieving approximately 6 million Euros. The total of these rounds amounts to roughly 93 million Euros, signaling clear and sustained investor appetite for tools that streamline financial operations.
Dost is determined to cater for the mid-market segment, specifically those businesses which are juggling with the large volumes of intricate financial documents. It now has over 150 enterprise customers in the manufacturing, construction, logistics, automotive, food and beverage and chemicals industries—the industries which have long supply chains and as a result are faced with the problem of multi-page invoices.
Dost’s technology, as claimed, leads to quite significant and also quantifiable results: 80% reduction in administrative costs, 2.5 times finance-team productivity growth, and data extraction accuracy of over 95%—which results in the drastic reduction of human errors. Presently the team which is composed of 30 AI and product development experts is more than 45 employees located in London and Barcelona.
Octopus Ventures Partner, Uthish Ranjan, argues that Dost is different from the other companies in the same space because it is built with the aim to meet the needs of enterprise finance. “Dost is an AI-native platform tackling one of finance’s most entrenched inefficiencies – invoice processing. Its product thrives in the messy, unstructured reality of mid-market and enterprise operations. The customer feedback we heard speaks for itself: they’re consistently impressed by Dost’s ability to process complex data at scale with remarkable accuracy.”
Dost has already done a pilot program with the first UK customers, a group of companies in the logistics, construction, automotive and manufacturing fields. The firm is now recruiting a team of 7 members to cover sales, marketing, and customer success and officially launching in the UK.
Barbera believes that the company’s automatic is to make the users feel that the whole thing is naturally working. “Our philosophy is to build technology that becomes indispensable by becoming invisible. When your AP process just works – no chasing invoices, no reconciliation headaches, no payment errors – that’s when finance teams can become true strategic partners to the business.”
For mid-market companies in the UK, manual invoice processing and email-based workflows are still predominant, and are what Dost would like to replace by providing a modern solution that is based on automation, accuracy, and speed.
Ranjan further comments: “We are thrilled to be part of Adam’s journey along with the team. The founders are experienced in operational finance, have the technical know-how to apply AI smartly, and are solving real problems in their vertical. We feel privileged to support them as they capitalize on their strong momentum and commit to the UK market.”