Light, a Copenhagen-based AI startup, just secured a $30 million Series A funding round to shake up how finance teams operate. The company’s pitch is simple but bold: traditional finance software is slow, rigid, and stuck in the past. Light wants to change that by using artificial intelligence to automate core financial tasks like accounting, reporting, and policy analysis—without the endless spreadsheets or clunky interfaces.
The round was led by Balderton Capital, one of Europe’s most active venture firms and an early backer of fintech heavyweights like Revolut and GoCardless. Other investors include Atomico, Cherry Ventures, Seedcamp, and Entrée Capital. The angel list is stacked too, featuring Hugging Face co-founder Thomas Wolf, Meta board member Charlie Songhurst, and former UiPath execs.
Light’s CEO Jonathan Sanders says the funding will help the company expand commercially, with new offices opening in London and plans underway for New York. The U.S. market is a major target, especially as demand grows for smarter, faster finance tools that don’t require months of onboarding or expensive consultants.
The startup already counts fast-growing companies like Lovable and Sana Labs among its clients—both known for their AI-first approach. These firms use Light’s platform to streamline financial operations, reduce manual work, and get real-time insights without waiting for end-of-month reports.
What makes Light different? It’s not just automation—it’s how the platform handles unstructured data. Finance teams often deal with messy documents, vague policies, and inconsistent formats. Light’s AI can parse and interpret that chaos, turning it into clean, usable information. As Sanders puts it, “The future of numbers is text.” That means financial decisions can be made faster, with fewer bottlenecks and more context.
The company is positioning itself as a challenger to legacy giants like Oracle, SAP, and Microsoft. While those platforms dominate enterprise finance, they’re often criticized for being slow to adapt and hard to customize. Light wants to offer something leaner, smarter, and built for companies that move fast.
