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Overview
Light Inc. provides an AI-native ERP platform designed for large multinational companies. It focuses on finance operations, offering modules for accounts payable, accounts receivable, bookkeeping, statutory reporting, and consolidated reporting. The product works by using AI to track expenses in real time, automate approval workflows, and provide analytics. It can convert data automatically and adapt to a business’s needs with self-tuning algorithms, and it integrates with existing systems like NetSuite, QuickBooks, and Xero to ease adoption. Revenue comes from subscription plans that give clients a complete set of financial tools and faster implementation. Light Inc. differentiates itself by targeting enterprise-scale customers with an AI-driven, easily integrated solution that reduces traditional ERP complexity and lengthy setup times. The company’s goal is to simplify and scale financial management for large organizations, helping them make better decisions with real-time data.
About Light
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Financial Services
Company Size
51-200
Company Stage
Series A
Total Funding
$40.8M
Headquarters
Copenhagen, Denmark
Founded
2022
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Simplify's Take
What believers are saying
- Balderton’s December 12, 2025 update cites 30x growth and $43 million total funding.
- Customers report 84% less finance-operations time after switching from legacy ERP stacks.
- Light opened a New York office to convert demand into U.S. enterprise revenue.
What critics are saying
- Rillet raised $100 million on August 17, 2026; its war chest dwarfs Light’s.
- DualEntry’s $90 million Series A and NetSuite incumbents compress Light’s market window.
- Light still lacks meaningful U.S. proof; if Europe stalls, category leaders swallow the space.
What makes Light unique
- Light rebuilds multi-entity accounting from scratch for Europe-first multinational complexity.
- Its unified stack covers GL, AP, AR, expenses, consolidation, and payments.
- Atlar’s January 29, 2026 partnership strengthens Light’s bank connectivity and workflow coverage.
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Funding
Total Funding
$40.8M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Flexible Work Hours
Remote Work Options
Growth & Insights and Company News
6 month growth
↓ -8%1 year growth
↓ -2%2 year growth
↑ 9%Joe Hollier and Kaiwei Tang, founders of Light, have spent over a decade promoting simplified technology. After collaborating with figures like Kendrick Lamar and Pete Davidson, they believe mainstream attitudes are shifting towards their philosophy. The company recently announced a new flip phone designed to combat smartphone addiction. In a TechCrunch podcast interview, the founders discussed how the original Motorola Razr influenced their design and addressed the growing "attention activist" movement amongst Gen Z users pushing back against Big Tech. Light Phone is opening an SDK allowing users to build their own tools, avoiding traditional app stores. The founders argue this approach helps break what they describe as pocket-sized addiction. The interview explores Light's decade-long journey and why they believe anti-smartphone sentiment is accelerating.
Light is replacing fragmented finance stacks and traditional ERPs by bringing payments, accounting and reporting into one AI-native platform. Jonathan Sanders, CEO at Light, says this shift is only possible now because AI changes how software works, moving beyond fixed SaaS tools towards “organic” systems that learn, adapt and operate more like a team member inside the company. The Scaling Europe show is presented by Deel - check them out here: https://get.deel.com/ruynb7o4lfjk Sponsors: SurrealDB: The multi-model database for AI agents. Check them out here: https://surrealdb.com/ Timestamps: 0:00 - Introduction 0:50 - What Light is building 1:39 - Replacing fragmented finance stacks 2:27 - How Light differs from traditional ERPs 3:44 - Fundraising and Series A 6:03 - AI as a fundamental shift in software 8:06 - Building “organic” software 10:29 - The end of SaaS playbooks 12:03 - Why founders must use AI hands-on 15:11 - New ways of working inside companies 18:45 - Growth across Europe and the US 21:32 - Vision for 2026 and beyond
Copenhagen-based fintech Light has raised approximately $30 million in a Series A round led by Balderton Capital. The company has experienced significant growth, with a 30-fold increase in activity over the past year. Light's AI-driven platform reportedly reduces the time spent on financial processes by up to 84% compared to traditional ERP systems. The company aims to revolutionize financial systems by rebuilding accounting from the ground up, rather than applying AI to existing solutions.
Copenhagen-based AI-native finance startup Light has secured $30 million in Series A funding led by Balderton Capital, with participation from Atomico, Cherry Ventures, Seedcamp, Entrée Capital, and angels including Thomas Wolf (Hugging Face) and Charles Songhurst (Meta).
Copenhagen-based Light, an AI-native finance platform, has raised $30M (approximately €25.5M) in a Series A funding round led by Balderton Capital.
Light is Hiring for 13 Jobs on Simplify!
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About Light
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Financial Services
Company Size
51-200
Company Stage
Series A
Total Funding
$40.8M
Headquarters
Copenhagen, Denmark
Founded
2022
Light is Hiring for 13 Jobs on Simplify!
Find jobs on Simplify and start your career today