Ledge builds automation tools for finance teams that automate multiway reconciliation and enable real-time ledgering by connecting to existing payment, banking, and data infrastructures. Its platform aggregates and normalizes data from multiple sources through a big data pipeline and uses AI for predictive rule building, smart matching, insights and forecasting. Ledge offers pre-built integrations and a drag-and-drop interface that finance teams can set up within hours, and a dashboard showing aggregate balances and AI recommendations to optimize payments and spending. The company says its AI learns finance-team workflows to automate operations, detect anomalies, forecast cash flows and optimize treasury management day-to-day. Founded in 2022, Ledge currently has only a handful of customers. With new funding it plans to add greater treasury management capabilities, improve algorithms, bolster customer acquisition and grow its workforce.

Total raised

$9M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2023