[ad_1]
Swiss fairness administration platform Ledgy has raised a US$22 million Collection B funding spherical led by New Enterprise Associates (NEA). Speedinvest in addition to current traders Sequoia Capital, 20VC, btov and VI Partners additionally participated within the spherical.
Ledgy helps employers in all equity-related issues together with captable administration, stakeholder reporting, implementing and automating vesting guidelines, and guaranteeing compliance.
The platform helps staff perceive the worth of their stake within the firm with dashboards that embody vesting durations and situation planning.
Buyers can even view portfolio metrics corresponding to IRR or MOIC, but in addition company-specific key metrics corresponding to income, P&L and runway.
In line with NEA, Ledgy is currently managing fairness in 42 international locations and for greater than 2,500 corporations together with startups corresponding to Pleo, Trade Republic and Wefox.
The newest fundraise additionally sees the addition of NEA Accomplice Jonathan Golden to Ledgy’s board.
“The businesses now we have spoken to praised Ledgy for its ease of use— from preliminary setup to onboarding new staff and traders throughout completely different geographies.
The unanimous suggestions was that Ledgy allowed corporations to develop, each by way of headcount and throughout geographies, whereas drastically lowering the complexity of finance and authorized features,”
stated Jonathan Golden, Accomplice at NEA.
Yoko Spirig
“The group has grown from round 20 individuals to greater than 60 within the final yr, and we’ve managed to have a variety of enjoyable as we’ve scaled!
We’re all excited to maintain pushing to construct a class defining product and take the ache out of fairness administration for much more corporations within the months and years forward,”
stated Yoko Spirig, CEO and Co-Founder at Ledgy.
[ad_2]
Source link
