When was Light founded?

Light was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Light located?

Light is headquartered in Copenhagen, Denmark. It is registered at 2, Skelbækgade, København V, 1717, None.

Who is the current CEO of Light?

Jonathan Sanders of Light. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Light associated with?

Light is associated with Light Company Holding ApS and 1 other.

How many employees does Light have?

As of May 31, 2026, the latest employee count at Light is 89.

Is Light a funded company?

Light is a funded company, having raised a total of $43M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 03, 2024.

How much is Light worth?

The latest valuation of Light is $***** as of May 03, 2024.

When was the latest funding round of Light?

Light's latest funding was a $***** Series A round on Sep 25, 2025, with participation from 7 investors.

Where does Light rank among its competitors?

Light ranks 41st amongst 651 active competitors, of which 103 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Light, which secured $30M in Sep, 2025.

Who are the top competitors of Light?

Light's top competitors include Coupa, Bizongo and Concur. Among them, Light secured the most recent funding round in September, 2025.

Light - 2026 Company Profile, Team, Funding & Competitors

Light is a series A company based in Copenhagen (Denmark), founded in 2022 by Jonathan Sanders and Filip Kozjak. It operates as a Provider of general ledger, accounts receivable, and payables solutions. Light has raised $43M in funding from Atomico and Balderton Capital, with a current valuation of $*****. The company has 651 active competitors, including 103 funded and 67 that have exited. Its top competitors include companies like Coupa, Bizongo and Concur.

Company Details

Provider of general ledger, accounts receivable, and payables solutions. They offer a cloud-based platform to automate and streamline finance operations for multinational companies.

Website: light.inc
Email ID: *****@light.inc
Registered Address: 2, Skelbækgade, København V, 1717, None

Key Metrics

Founded Year

2022

Location

Copenhagen, Denmark

Stage

Series A

Total Funding

$43M in 2 rounds

Latest Funding Round

Series A, Sep 25, 2025, $*****

Post Money Valuation

$***** as on May 03, 2024

Investors

Atomico & 8 more

Ranked

41^st among 651 active competitors

Employee Count

89 as on May 31, 2026

Similar Companies

Coupa & 368 more

View Light's full profile

Light is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Light Company ApS CIN: 43523503 , Denmark, Active	Sep 16, 2022	-	3 (As on Dec 31, 2024)
Light Company Holding ApS CIN: 43516760 , Denmark, Active	Sep 07, 2022	-	-

Light has raised a total funding of $43M over 2 rounds. Its first funding round was on May 03, 2024. Its latest funding round was a Series A round on Sep 25, 2025 for $*****. 7 investors participated in its latest round. Light has 6 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Light:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 25, 2025	4460872	Series A	1466414	3474396	1754766	7704706
May 03, 2024	1468966	Seed	6213671	6807827	Atomico	Mario Götze & 3 more

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View details of Light's funding rounds and investors

The founders of Light are Jonathan Sanders and Filip Kozjak. Jonathan Sanders is the CEO of Light.

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

Jonathan Sanders: Co-Founder & CEO of Light. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Filip Kozjak: Co-Founder & CTO of Light. They serve on the board of 1 company.

Light's Board of Directors

Light's board has 5 active members. Jonathan Sanders and Filip Kozjak are part of team and Cosimo Ranieri, Andreas Christian Maximilian Helbig and Saul Levin are independent board members.

Here is the list of Light's board of directors:

Name	Type	Representing	Status	Duration
Jonathan Sanders	Team	-	Current	2y 1m
Filip Kozjak	Team	-	Current	3y 9m
Cosimo Ranieri	Independent board member	-	Current	3y 9m
eehxkge	Independent board member	-	Current	5y 1m
tfbwwed	Independent board member	-	Current	3y 9m

View details of Light's Founder profiles and Board Members

Light's employee count trend

Light has 89 employees as of May 26. Here is Light's employee count trend over the years:

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Top competitors of Light include Coupa, Bizongo and Concur. Here is the list of Top 10 competitors of Light, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, Crosslink Capital & 18 others	87/100
2nd	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, Accel & 30 others	77/100
3rd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	IVP, American Express & 7 others	75/100
4th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, G Squared & 23 others	73/100
5th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	68/100
6th	Procurify 2012, Vancouver (Canada), Series C	SaaS-enabled end-to-end spend management software	$82.5M	Information Venture Partners, Ten Coves Capital ... & 22 others	68/100
7th	Vertice 2021, London (United Kingdom), Series C	AI-powered platform for modern finance and procurement teams	$101M	83NORTH, Bessemer Venture Partners & 10 others	68/100
8th	Dice 2018, Pune (India), Acquired	Provider of spend management and digital commerce platform for enterprises	$6.55M	IIT Mandi Catalyst, Dallas Venture Capital ... & 13 others	68/100
9th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, Menlo Ventures & 16 others	68/100
10th	Proactis 1996, Wetherby (United Kingdom), Acquired	Provider of cloud-based spend management and e-procurement software	-	Eiffel Investment Group, HSBC & 2 others	67/100
41st	Light 2022, Copenhagen (Denmark), Series A	Provider of general ledger, accounts receivable, and payables solutions	$43M	Balderton Capital, Atomico & 7 others	50/100