Danish Startup Light Secures $13M to Transform CFO Operations with AI-Powered Ledger
Light aims to modernize financial management for multinational companies by integrating AI into general ledger systems.
- Light has raised $13 million in seed funding led by Atomico to scale its AI-powered general ledger platform.
- The Copenhagen-based startup seeks to disrupt legacy ERP systems like Oracle NetSuite and SAP ERP.
- Light's platform integrates accounting, tax, payments, and reporting across multiple countries and currencies.
- The AI technology cleans transactional data and provides real-time answers to finance-related questions.
- The funding will help expand Light's commercial teams in London and New York.