Draft:Light (platform)

Light is a Danish financial technology company that develops an artificial intelligence-based accounting and general ledger platform for multinational companies…

Light
TypePrivate
IndustryFinancial technology, Accounting software
Founded2022; 4 years ago (2022)
FoundersJonathan Sanders (CEO)
Filip Kozjak (CTO)
Headquarters,
Denmark
Area served
Worldwide
ProductsAI-powered general ledger and accounting platform
Websitelight.inc

Light is a Danish financial technology company that develops an artificial intelligence-based accounting and general ledger platform for multinational companies.[1][2]

History

Light was founded by Jonathan Sanders and Filip Kozjak in 2022. At launch, most of its customers were Nordic technology companies, including Worksome, Lenus, Famly, and Proxify.[3]

In June 2024, Light exited stealth with US$13 million (DKK 90 million) in seed funding led by Atomico, with participation from Cherry Ventures, Entrée Capital, Seedcamp, and angel investors including footballer Mario Götze.[4][5][6][7] As part of the round, Atomico partner Andreas Helbig joined Light's board of directors.[8] At launch, most of its customers were Nordic technology companies, including Worksome, Lenus, Famly, and Proxify.[9]

In September 2025, the company raised a US$30 million Series A round led by Balderton Capital, with participation from existing investors Atomico, Cherry Ventures, Seedcamp, and Entrée Capital, bringing its total funding to US$43 million.[10][11][12] The company opened an office in London in 2025 and said it would use the funding to expand in the United States, including opening a New York office.[13][14][15]

Product

Light's platform is a general ledger system that uses machine learning models to automate bookkeeping tasks such as transaction coding and tax-code assignment, and allows finance teams to query financial data in natural language.[16] Unlike traditional enterprise resource planning (ERP) suites, the product is limited to finance functions, including accounts receivable, accounts payable, bookkeeping, and VAT reporting, and integrates with third-party CRM, HR, banking, and messaging tools.[17][18]

The company says the platform can process 280 million records in under a second and reduces the time finance teams spend on operations by about 84 percent.[19][20] Its platform integrates with financial infrastructure providers including JPMorgan Chase, Adyen, and BDO.[21]

References

  1. ^ Sawers, Paul (12 June 2024). "Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers". TechCrunch. Retrieved 15 July 2026.
  2. ^ "AI finance startup Light raises funding from Revolut backer Balderton". CNBC. 25 September 2025. Retrieved 15 July 2026.
  3. ^ Sawers, Paul (12 June 2024). "Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers". TechCrunch. Retrieved 15 July 2026.
  4. ^ Sawers, Paul (12 June 2024). "Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers". TechCrunch. Retrieved 15 July 2026.
  5. ^ "Copenhagen's Light emerges from the shadows with €12M Seed funding from Atomico, Cherry Ventures, others". Silicon Canals. June 2024. Retrieved 15 July 2026.
  6. ^ Feil, Adam (17 June 2024). "90 millioner og klar til opskalering: Fintech-startup træder frem i lyset". TechSavvy (in Danish). Retrieved 15 July 2026.
  7. ^ "Unicorn-iværksætter får 89 mio. kr. til nyt selskab". Børsen (in Danish). June 2024. Retrieved 15 July 2026.
  8. ^ Feil, Adam (17 June 2024). "90 millioner og klar til opskalering: Fintech-startup træder frem i lyset". TechSavvy (in Danish). Retrieved 15 July 2026.
  9. ^ Sawers, Paul (12 June 2024). "Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers". TechCrunch. Retrieved 15 July 2026.
  10. ^ "AI finance startup Light raises funding from Revolut backer Balderton". CNBC. 25 September 2025. Retrieved 15 July 2026.
  11. ^ "Light raises $30M Series A to redefine finance for hypergrowth companies". Tech.eu. 25 September 2025. Retrieved 15 July 2026.
  12. ^ "Dansk softwareselskab får trecifret millionindsprøjtning". Børsen (in Danish). September 2025. Retrieved 15 July 2026.
  13. ^ "Dansk softwareselskab vil åbne kontor i London". ITWatch (in Danish). Retrieved 15 July 2026.
  14. ^ "AI accounting start-up Light targets US expansion with $30m Series A". FinTech Futures. 25 September 2025. Retrieved 15 July 2026.
  15. ^ "Denmark's Light secures $30 million to automate finance for hypergrowth companies". ArcticStartup. 25 September 2025. Retrieved 15 July 2026.
  16. ^ Sawers, Paul (12 June 2024). "Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers". TechCrunch. Retrieved 15 July 2026.
  17. ^ "Light raises $30M Series A to redefine finance for hypergrowth companies". Tech.eu. 25 September 2025. Retrieved 15 July 2026.
  18. ^ Marzo, Stefano De (2024-06-12). "Copenhagen-based Light snaps €12.1 million to scale general ledgers for global company's finances". EU-Startups. Retrieved 2026-07-24.
  19. ^ "Light raises €25 million to replace legacy finance systems with AI-native platform". EU-Startups. 25 September 2025. Retrieved 15 July 2026.
  20. ^ "Light raises $30M Series A to redefine finance for hypergrowth companies". Tech.eu. 25 September 2025. Retrieved 15 July 2026.
  21. ^ "Denmark's Light secures $30 million to automate finance for hypergrowth companies". ArcticStartup. 25 September 2025. Retrieved 15 July 2026.

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