When was Alegra founded?

Alegra was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Where is Alegra located?

Alegra is headquartered in Istanbul, Turkey.

How many employees does Alegra have?

As of Mar 31, 2026, the latest employee count at Alegra is 719.

Is Alegra a funded company?

Alegra is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2016.

When was the latest funding round of Alegra?

Alegra's latest funding was a $***** Series A round on Jul 11, 2023, with participation from 1 investor.

Where does Alegra rank among its competitors?

Alegra ranks 75th amongst 2733 active competitors, of which 196 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Pennylane, which secured $205M in Jan, 2026.

Who are the top competitors of Alegra?

Alegra's top competitors include Intuit, Pennylane and Vyapar. Among them, Pennylane secured the most recent funding round in January, 2026.

Alegra - 2026 Company Profile, Team, Funding & Competitors

Company Details

Accounting and invoicing platform for SMEs. It offers features like e-invoice creation, expense management, bank reconciliation, accounts payables and accounts receivables management, inventory management, and contract management. It also provides smart reports and real-time analytics to analyze the business, sales, best customers, best-selling products, cash flow, balance sheet, income statement, and taxes.

Website: alegra.com
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Key Metrics

Founded Year

2012

Location

Istanbul, Turkey

Stage

Series A

Latest Funding Round

Series A, Jul 11, 2023, $*****

Investors

Riverwood Capital & 4 more

Ranked

75^th among 2733 active competitors

Employee Count

719 as on Mar 31, 2026

Similar Companies

Intuit & 3433 more

View Alegra's full profile

Alegra has raised funding over 2 rounds. Its first funding round was on 2016. Its latest funding round was a Series A round on Jul 11, 2023 for $*****. 1 investor participated in its latest round. Alegra has 5 institutional investors.

Here is the list of recent funding rounds of Alegra:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2023	6741399	Series A	7882082	6996345	1166259	4847757
2016	8683	Seed	7450	2509	7325	GMG Ventures & 1 more

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View details of Alegra's funding rounds and investors

The founders of Alegra is Jorge Soto.

Here are the details of Alegra's key team members:

Jorge Soto: Co-Founder & CEO of Alegra.

View details of Alegra's Founder profiles and Board Members

Alegra's employee count trend

Alegra has 719 employees as of Mar 26. Here is Alegra's employee count trend over the years:

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Top competitors of Alegra include Intuit, Pennylane and Vyapar. Here is the list of Top 10 competitors of Alegra, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Europa, TriplePoint Capital & 25 others	83/100
2nd	Pennylane 2020, Cherbourg en Cotentin (France), Series E	App & cloud-based accounting and financial management solutions for businesses	$442M	DST Global, Sequoia Capital & 8 others	78/100
3rd	Vyapar 2017, Bengaluru (India), Series B	Provider of GST billing, inventory, and accounting software for small businesses	$35.9M	WestBridge Capital, India Quotient & 14 others	80/100
4th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	76/100
5th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Iris Software, SM TRUST & 23 others	75/100
6th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	BDC, CRV & 20 others	75/100
7th	Xero 2006, Wellington (New Zealand), Public	Provider of accounting software and related tools for business management	-	Hurlingham Partners, TCV & 9 others	75/100
8th	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of AI-based software for business management	-	Itz Cash Card, HHS & 45 others	72/100
9th	Digits 1995, San Francisco (United States), Acquired	SMS based customer authentication and verification service	$97.5M	Benchmark, SoftBank Vision Fund & 23 others	71/100
10th	Denim 2014, New York City (United States), Acquired	Provider of financial technology solutions for freight businesses	$67.9M	Anthemis Group, Techstars & 18 others	70/100
75th	Alegra 2012, Istanbul (Turkey), Series A	Accounting and invoicing platform for SMEs	-	Riverwood Capital, Founders Factory & 3 others	49/100