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@uselightinc

Multinational accounting for modern companies.

World Katılım Haziran 2024
6 Takip Edilen24 Takipçiler
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Monocle Radio
Monocle Radio@Monocle_Radio·
The Entrepreneurs: Can artificial intelligence truly simplify tasks for businesses hoping to scale up globally? We meet a CEO who aims to help entrepreneurs avoid the mundane to focus on the big ideas. Plus: the vital role of beautiful design in technology monocle.com/radio/shows/th…
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Andreas Helbig
Andreas Helbig@andyhelbig·
💡 Financial ERPs are a dark, dark place. A dark place where inaccurate reporting, manual reconciliation, 20-second waiting time for a single click, and year-long implementation projects come to life, haunting every CFO in their sleep. Let there be Light (@uselightinc). 🥷 Exiting stealth with a $13m Seed led by @atomico Atomico, Light isn't dancing around the core problem of the CFO stack — it's going straight for the bullseye, aiming at the elephant in the room: the General Ledger, the single source of truth for a company's financial transactions. Multinationals have no choice but to use NetSuite, and I've yet to see a CFO to be actually happy about this. ☝️ But but but... "This is impossible to build, it's too complex" "Every business is different, every country is different, there's so many edge cases" "No CFO ever got fired for buying NetSuite" 🫡 Only 1.5 years later, here we are. There is Light, live with customers such as Famly, Penneo A/S, Worksome — with AI at its core, and with a product that's actually delightful to use. It's a ridiculously ambitious mission, and they're delivering. 🤝 Jonathan & Filip — it's an absolute privilege to work with you, every day from now on, until every single multinational runs on accurate bookkeeping, processes billions of transactions quickly, gets their reporting through AI, and is finally de-Light-ed. @jbjerresanders 🙏 Big thanks to @amanda_hultman — who dusted off her accounting skills acquired when working for EY, and who was a fantastic thought partner throughout the investment! Let's go! @CherryVentures @seedcamp @entreecap @tom_wils @MarioGoetze @saullevin
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TechCrunch
TechCrunch@TechCrunch·
Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers tcrn.ch/4emJ01a
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Light
Light@uselightinc·
With Light, our goal is to help companies understand their finances more accurately and quickly. Light aims to revolutionize ERP software for modern multinationals. Read more: light.inc/Light-announce…
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Light
Light@uselightinc·
Today, Light has emerged from stealth with a $13M financing round to scale the first AI-powered general ledger for automating global company finances. Led by @atomico , with participation from @EntreeCap, @CherryVentures, @seedcamp , and notable angels like @MarioGoetze ⚡️
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