LedgerUp - About the company
LedgerUp is a seed company based in San Francisco (United States), founded in 2024 by Danny Torney and Bailey Spell. It operates as a Provider of AI-powered platform automating billing and revenue workflow processes. LedgerUp has raised $500K in funding. The company has 2796 active competitors, including 198 funded and 166 that have exited. Its top competitors include companies like Intuit, Vyapar and Pennylane.
Company Details
Provider of AI-powered platform automating billing and revenue workflow processes. It automates contract-to-cash processes, including invoicing, collections, and reconciliation. The platform integrates with Slack to align sales, finance, operations, and leadership teams. It offers customizable workflows to accommodate various pricing models. The platform provides real-time visibility into usage and collections for data-driven decisions.
Key Metrics
Founded Year
2024
Location
San Francisco, United States
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
1196th among 2796 active competitors
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LedgerUp's funding and investors
LedgerUp has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2024 for $*****. 1 investor participated in its latest round. LedgerUp has 1 institutional investor.
Here is the list of recent funding rounds of LedgerUp:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2024 | 7424 | Seed | 7551 | 9825 | 1754 | 4347 |
View details of LedgerUp's funding rounds and investors
LedgerUp's founders and board of directors
Founder? Claim ProfileHere are the details of LedgerUp's key team members:
- Danny Torney: Co-Founder & CTO of LedgerUp.
- Bailey Spell: Co-Founder & CEO of LedgerUp.
View details of LedgerUp's Founder profiles and Board Members
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LedgerUp's Competitors and alternates
Top competitors of LedgerUp include Intuit, Vyapar and Pennylane. Here is the list of Top 10 competitors of LedgerUp, ranked by Tracxn score:
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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 | - | 83/100 | |
2nd | Provider of GST billing, inventory, and accounting software for small businesses | $35.9M | 80/100 | ||
3rd | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
4th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 77/100 | |
5th | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
6th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
7th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
8th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 72/100 | |
9th | Digits 1995, San Francisco (United States), Acquired | SMS based customer authentication and verification service | $97.5M | 69/100 | |
10th | Denim 2014, New York City (United States), Acquired | Provider of financial technology solutions for freight businesses | $67.9M | 68/100 | |
1196th | LedgerUp 2024, San Francisco (United States), Seed | Provider of AI-powered platform automating billing and revenue workflow processes | $500K | 22/100 |
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LedgerUp's Investments and acquisitions
LedgerUp has made no investments or acquisitions yet.
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