Dost Expands To UK Following £6M Series A Led by Octopus Ventures

The funding also saw participation from new investor TQ Ventures, alongside continued backing from Draper B1, Born Capital, and Eoniq.fund.

Co-founded in 2021 by Adam Barbera (CEO), Fernando Martín (COO), Naqqash Abassi (CTO), and Àlex Caudet (CSO & Managing Director), Dost is a SaaS platform that automates financial document processing and supplier management for mid-market enterprises.

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“We spent the last three years solving these problems for European companies – refining our AI on millions of real-world transactions,” Adam Barbera said.

“UK businesses face identical challenges, but the market is significantly larger and more receptive to proven innovation. The endorsement from Octopus Ventures validates that our technology translates across borders – and that we’re ready to scale here.”

Its proprietary generative AI streamlines the entire accounts payable cycle, from document capture to ERP integration, serving industries including manufacturing, construction, logistics, automotive, food & beverage, and chemicals.

Dost sets itself apart from competitors relying on third-party OCR by using proprietary AI trained for high-volume complex financial documents. Its platform automates the full procure-to-pay and order-to-cash lifecycle, serving industries with complex supply chains and multi-page invoices that traditional tools struggle to handle.

The investment highlights growing UK interest in AI-driven financial automation. Dost’s technology is already deployed in over 150 European enterprises across food, retail and manufacturing, tackling common mid-market challenges such as manual invoice processing, data errors and approval delays.

After piloting with early UK customers in manufacturing, construction, logistics, and automotive, Dost is establishing a seven-person London team to handle sales, marketing and customer success. The funding will support strengthening its Spanish operations while accelerating UK expansion.

About Dost

Dost is an AI-powered platform that automates accounts payable for mid-market enterprises. From document capture to ERP integration, it streamlines invoice processing reduces errors and speeds approvals. Serving industries like manufacturing, construction, logistics and retail, Dost enables businesses to manage complex financial workflows more efficiently and accurately.