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, with a current valuation of $*****. The company has 3011 active competitors, including 242 funded and 180 that have exited. Its top competitors include companies like Ramp, Vyapar and FreeAgent.
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
Post Money Valuation
$***** as on Jan 01, 2024
Investors
Ranked
1277th among 3011 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 | 9850 | Seed | 2756 | 8245 | 5189 | 4576 |
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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 Ramp, Vyapar and FreeAgent. 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 |  Ramp 2019, New York City (United States), Series G | Provider of a platform for spend management, corporate cards, and payables | $5.07B | 85/100 | |
2nd | Developer of software for business accounting and inventory management tasks | $35.9M | 82/100 | ||
3rd | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 80/100 | |
4th | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 79/100 | |
5th | Cloud-based financial management and accounting software platform | $442M | 78/100 | ||
6th | Online accounting and invoicing solutions for SMBs | $40.9M | 76/100 | ||
7th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
8th |  Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 74/100 | |
9th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
10th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 74/100 | |
1277th | 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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