Light Raises $13 Million in Funding
Light, a Copenhagen, Denmark-based company creator of a fully automated general ledger for multinationals, has emerged from stealth mode with $13 million in seed funding.
The round was led by Atomico, a European venture capital firm, with participation from Cherry Ventures, Entrée Capital, Seedcamp, and notable angel investor, German soccer player Mario Götze.
Atomico is an international investment firm that focuses on helping disruptive technology companies scale globally. It was founded in 2006 and is based in London, United Kingdom, with offices in Paris, Berlin, and Stockholm.
The company will use the funds to support its growth and global expansion.
Founded in 2023 by Jonathan Sanders and Filip Kozjak, Light developed a fully automated, AI-powered general ledger specifically designed for multinational companies. They built their product in close collaboration with advisors. The company’s platform integrates accounting, tax, payments, and reporting processes across various countries and currencies. Light’s mission is to be the first automated ledger for global companies.
Funding Details
Company: Light, Inc.
Raised: $13.0M
Round: Seed Round
Funding Month: June 2024
Lead Investors: Atomico
Additional Investors: Cherry Ventures, Entrée Capital, Seedcamp, Mario Götze
Company Website: https://light.inc/
Software Category: Finance Solution