Ledgy provides cap table and equity-management software designed for companies with international teams, serving finance, HR, legal, VC teams and employees. Its platform helps snapshot equity positions and manage grants, secondary trades (via Semper), compensation benchmarking (Pave, Figures) and integrates with about 40 HR platforms. Ledgy focuses on primary equity and employee-facing features to improve understanding and administration of ownership across jurisdictions. The company has ~2,500 company customers, up from 1,500 a year earlier, and CEO Yoko Spirig says revenues have tripled. Ledgy plans to use new funding for hiring, further product development, and expanding its user base, and may add functionality organically or via acquisitions. Customers named in the article include Peak, Getir, Kry, Monese, Selina Finance, Gorillas, Choco, Alan, Pennylane and Scalapay. Ledgy provides an ownership and equity management platform designed to replace error-prone spreadsheets for startups and their stakeholders. Its core product acts as a single source of truth for HR, finance, investors, lawyers and employees, with automation workflows and document generation based on templates and variables. The platform supports 32 countries and has been specifically tailored for Germany, Austria and Switzerland, with planned country-specific releases for the U.K. and France. Ledgy stores signed documents, enables regular data exports for compliance, and gives employees visibility into the value of their options and potential outcomes during fundraising. The company reports 1,500 companies using the product. Ledgy recently closed a $10 million Series A and plans to use the funding to expand into new markets and roll out support for public companies so customers can continue using the platform after IPO. Ledgy builds accounting software to digitise equity management, helping founders manage cap tables, vesting plans, phantom programs and numbered shares. The platform also offers round and exit modeling to give founders insights for negotiations. Founded in 2017 and based in Zurich, Ledgy launched in Switzerland a few months ago and is already used by around 200 companies. The startup has raised €1 million in a seed round to expand across Europe. It intends to use the funding to launch its product in Germany, France and Great Britain. Ledgy positions its tools as a way to raise employee participation and set a new standard for cap-table management in Europe.

Total raised

$33M

Funding rounds

3

Latest round

Series B

Latest activity

Sep 2022