AI finance platform Light raises $30m Series A

AI finance platform Light raises $30m Series A

Light, the AI-native finance platform founded in 2022, has secured $30m in fresh funding as it continues to disrupt traditional enterprise finance systems.

The company, known for building an entirely AI-driven finance solution from the ground up, says its approach has delivered 30x growth in the past year.

The Series A round was led by Balderton Capital, with participation from Atomico, Cherry, Seedcamp, and Entrée. A number of prominent angel investors also joined, including Hugging Face co-founder Thomas Wolf, Meta board member Charles Songhurst, and several existing customers who became backers. The new capital brings Light’s total funding to $43m.

Light’s platform has been designed to replace legacy enterprise resource planning systems with an AI-native solution. While most competitors add AI tools onto decades-old systems, Light has embedded artificial intelligence throughout its platform. This enables the system to evolve and self-optimise, handling finance functions such as multi-entity accounting, global payments, and expense management at speeds previously unachievable.

The company intends to use the new funding to accelerate its global expansion, including opening an office in New York. It also plans to triple its engineering team by mid-2026, roll out a process optimisation workbench, and expand its deployment operations.

Light CEO Jonathan Sanders said, “We’re not patching old systems with chatbots. We built finance software from scratch for how companies actually operate today. Companies shouldn’t have to spend $50,000 and 5 months just to expand into a new country. With Light, it happens instantly. ERP was built for factories. Light is built for the fastest-growing companies of the 21st century.”

Balderton Capital partner Rob Moffat added, “We’ve seen countless finance platforms over the years, but almost all of them tweak at the edges. Light is the first to throw out the old playbook. By rebuilding the general ledger from scratch instead of bolting onto legacy systems, they’ve unlocked the full power of AI. The result isn’t just faster, it’s a step-change. This is the financial platform hypergrowth companies have been waiting for.”

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