Dost, a Spain-based AI-powered financial automation platform, has officially entered the UK market on the back of a £6 million Series A funding round. The company targets mid-market enterprises in sectors such as manufacturing, construction, logistics, automotive, food and beverage, and chemicals. Its launch comes as British businesses face mounting pressure to streamline financial operations, reduce manual workloads, and tighten control over increasingly complex supply chains.
Funding Round and Investor Base
The £6 million Series A round is led by Octopus Ventures, with participation from new investor TQ Ventures and continued backing from Draper B1, Born Capital, and Eoniq.fund. The capital injection is designed to support a dual growth strategy that strengthens Dost’s presence in Spain while accelerating expansion in the UK. The raise also signals growing investor conviction in AI-driven automation tools that can deliver measurable efficiency gains in financial workflows.
Product and Technology Overview
Co-founded in 2021 by Adam Barbera (CEO), Fernando Martín (COO), Naqqash Abassi (CTO), and Àlex Caudet (CSO and Managing Director), Dost offers a SaaS platform for end-to-end financial document processing and supplier management. The system manages the full accounts payable cycle, from document capture to ERP integration, and extends across the procure-to-pay and order-to-cash lifecycles. Its technology is built for the “real economy,” focusing on enterprises that routinely handle multi-page invoices, complex purchase orders, and high transaction volumes.
Addressing Mid-Market Inefficiencies
Dost is positioning itself against entrenched manual processes that still dominate mid-market finance functions in many established sectors. Invoices often arrive via fragmented channels, while approvals are managed through spreadsheets, email chains, or informal workflows that are prone to delay and human error. By automating document capture, three-way matching, approvals, and ERP synchronization, the company claims it can cut administrative costs by up to 80 percent while maintaining processing accuracy above 95 percent.
Differentiation Through Proprietary AI
Unlike many competitors that rely on generic third-party OCR tools, Dost uses proprietary generative AI models trained on millions of financial documents. This approach enables the platform to interpret complex, multi-line and multi-page invoices, as well as nuanced supplier documentation that often trips up traditional automation solutions. The company argues that this depth of specialization gives it an advantage in sectors where financial documentation is both voluminous and highly variable.
European Traction and UK Strategy
Before its UK launch, Dost focused on refining its product with more than 150 enterprise customers across Europe in food, retail, manufacturing, and related industries. The platform has already processed over four million accounting transactions, providing a substantial data foundation to further optimize its AI models. Building on this experience, the company sees the UK as a larger and more mature enterprise fintech market, where decision-makers are often more receptive to proven automation technologies with demonstrable ROI.
UK Market Entry and Local Team
Dost’s entry into the UK follows a pilot phase with early customers in manufacturing, construction, logistics, and automotive, where the company tested its product against local workflows and compliance needs. The business is now formalizing its presence with a seven-person London-based team spanning sales, marketing, and customer success, and CEO Adam Barbera is relocating to lead the expansion on the ground. The new funding will be deployed to deepen customer relationships, scale commercial operations, and position Dost as a core infrastructure provider for mid-market finance teams in the UK.
With its UK launch, Dost is moving from regional player to a more international role in the financial automation space. Backed by prominent investors and armed with proprietary AI technology, the company is targeting a clear pain point for mid-market enterprises still reliant on manual financial processes. If it can replicate its European traction in the UK, Dost stands to become a significant operator in the automation of financial operations for the real economy.