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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
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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
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LedgerUp's founders and board of directors

Founder? Claim Profile
The founders of LedgerUp are Danny Torney and Bailey Spell. Bailey Spell is the CEO of LedgerUp.
Here are the details of LedgerUp's key team 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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
2nd
Logo for Vyapar
Vyapar
2017, Bengaluru (India), Series B
Provider of GST billing, inventory, and accounting software for small businesses
$35.9M
80/100
3rd
Logo for Pennylane
Pennylane
2020, Paris (France), Series E
Cloud-based financial management and accounting software platform
$442M
77/100
4th
Logo for FreeAgent
FreeAgent
2007, Edinburgh (United Kingdom), Acquired
Cloud-based accounting software for small businesses, freelancers, and accountants
$21.9M
77/100
5th
Logo for ContaAzul
ContaAzul
2012, Joinville (Brazil), Acquired
Online accounting and invoicing solutions for SMBs
$40.9M
77/100
6th
Logo for Xero
Xero
2006, Wellington (New Zealand), Public
Provider of accounting software and related tools for business management
-
75/100
7th
Logo for Wave
Wave
2010, Toronto (Canada), Acquired
Web-based accounting software for businesses
$82.4M
74/100
8th
Logo for Sage
Sage
1981, Newcastle Upon Tyne (United Kingdom), Public
Provider of cloud-based enterprise software solutions for accounting, finance, and people management
-
72/100
9th
Logo for Digits
Digits
1995, San Francisco (United States), Acquired
SMS based customer authentication and verification service
$97.5M
69/100
10th
Logo for Denim
Denim
2014, New York City (United States), Acquired
Provider of financial technology solutions for freight businesses
$67.9M
68/100
1196th
Logo for LedgerUp
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.

Reports related to LedgerUp

Here is the latest report on LedgerUp's sector:

FAQs about LedgerUp

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