Dost, an AI-powered financial automation platform, has launched in the UK market following a £6 million Series A funding round led by Octopus Ventures.

Barcelona-based Dost says that it is bringing ‘battle-tested’ technology to these shores as it is already deployed across 150+ European enterprises across food, retail, manufacturing and other sectors. It has processed more than 4m accounting transactions since its foundation in 2021.

It is aiming to tackle a challenge plaguing British mid-market businesses: finance teams mired in manual invoice processing, data entry errors and approval bottlenecks.

Following a successful pilot phase with early UK enterprise customers across manufacturing, construction, logistics, and automotive sectors, Dost is now formalising its UK presence with a dedicated seven-person local team for sales, marketing, and customer success. 

The company’s CEO and co-founder, Adam Barbera, has relocated to London to lead the expansion.