Amsterdam’s Finstack Raises €1.2M Funding

The round saw participation from Quantum Leap Capital's Mike de Boer, Maarten Wolleswinkel, René Feiner, and several angel investors.

Finstack has achieved 4x revenue growth, empowering 700+ finance professionals to eliminate manual month-end close tasks and streamline financial processes through automation.

The company’s mission is simple to free finance teams from repetitive work and speed up financial closing cycles with intelligent automation.

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Founded by Karel Gonzalez Hulshof and Sebastiaan Hoekstra, Finstack helps companies accelerate their month-end closing through an automated platform that streamlines reporting, consolidation, and forecasting saving time and improving financial accuracy.

“We’re on a mission to eliminate the month-end close for one million finance teams across Europe. Finance will move from chasing the past to always being one step ahead,” says the company.

Finstack’s platform simplifies complex financial consolidations across multiple entities managing intercompany eliminations, minority and non-controlling interests, and sub-group reporting to ensure faster, more accurate financial close processes.

About FinStack

Finstack helps companies accelerate month-end closing through its automated reporting, consolidation and forecasting platform. By simplifying financial workflows and enabling real-time insights, Finstack empowers finance teams to work smarter, close faster and make data-driven decisions with confidence.