About Light
Light is a company based in Copenhagen (Denmark) founded in 2022 by Filip Kozjak and Jonathan Sanders. It operates as a SaaS (Software-as-a-Service). Light has raised $43 million across 2 funding rounds from investors including Seedcamp, Atomico and Balderton Capital. The company has 3 employees. Light offers products and services including Light Platform, Accounts Receivable, Accounts Payable, and Expense Management. Light operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
- Total Equity Funding$43M (USD)
in 2 rounds
- Latest Funding Round$30M (USD), Series A
Sep 2025
- InvestorsSeedcamp
& 7 more
- Employee Count3
Products & Services of Light
Light offers a comprehensive portfolio of products and services, including Light Platform, Accounts Receivable, Accounts Payable, and Expense Management.
Financial operations are unified in one automated platform.
Accounts receivable processes are automated for efficient management.
Accounts payable tasks are streamlined for global operations.
Expenses are managed with ease through intuitive tools.
Funding Insights of Light
Light has successfully raised a total of $43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $43M
- Total Rounds 2
- Last Round Series A — $30M
- First Round $13M
(May 2024)
- Investors Count 8
All 2 funding rounds of Light with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $30M | Series A | – | Balderton Capital | |
| May 2024 | $13M | Seed | $39.96M | Atomico |
| Date | Valuation | Stage |
|---|---|---|
| May 2024 | $39.96M | •••••••• |
Last known valuation $39.96M (May 2024). 8 investors in total: 5 institutional and 3 angel.
Investors in Light
Light has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Seedcamp, Atomico and Balderton Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech-based companies are invested in by Atomico venture capital fund. | 2006 | atomico.com | London, United Kingdom | |
Investments are directed toward pre-seed to Series C technology companies. | – | entreecap.com | London, United Kingdom | |
Provider of early-stage venture capital funding for European technology companies | – | cherry.vc | Berlin, Germany | |
Venture capital fund investing in tech startups | 2007 | seedcamp.com | London, United Kingdom | |
Multistage venture capital investments are focused on technology sectors. | 2000 | balderton.com | London, United Kingdom | |
MG Mario Götze | - | – | unknown_4cdd1b83a39e4f0cb | - |
TW Thomas Wolf | Angel investor and co-founder of Hugging Face, AI and NLP expert | – | unknown_7165f529118e40588 | - |
CS Charles Songhurst | - | – | unknown_da235c18a3c3445ba | - |
Investor details for Light
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Light
2 people are tracked at Light (2 in leadership); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
Filip Kozjak | Co-Founder & CTO | Leadership |
Jonathan Sanders | Co-Founder & CEO | Leadership |
Complete people profiles for Light
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Light
4 dated milestones of Light across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Light is founded.
- Funding First funding round of $13.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $30.0M.
Competitors of Light
Light operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coupa.com | 2006 | San Mateo, United States | $169M | 643 | Cloud-based end-to-end spend management software is delivered for businesses. | |
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| emburse.com | 2002 | San Francisco, United States | $7.25M | 9 | Corporate cards and expense management are offered to businesses. | |
| airbase.com | 2017 | San Francisco, United States | $90.5M | 77 | Procure-to-pay management software is offered for business operations. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| procurify.com | 2012 | Vancouver, Canada | $82.49M | – | SaaS spend management software is used to automate procure-to-pay operations. | |
| ivalua.com | 2000 | Redwood, United States | $134.45M | 236 | Procurement management solutions are delivered for business operations. | |
| corcentric.com | 1998 | Mclean, United States | $81.2M | – | Cloud-based procurement automation solutions are delivered to businesses worldwide. | |
| mineraltree.com | 2010 | Cambridge, United States | $123.38M | 26 | Cloud-based accounts payable automation is delivered for businesses. |
Detailed competitors of Light
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Light
The website of Light (light.inc) receives about 34.4K visits a month.
- Monthly visits34.4K
▼ 3.6% vs previous month
Latest news on Light
Complete news archive for Light
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Similar companies to Light
10 companies that operate in the same segment as Light (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Light
Light was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Light is headquartered in Copenhagen, Denmark.
Jonathan Sanders is the current CEO of Light. They have also founded this 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 of $13M, raised on May 2024.
Light has 3 employees.
Light is established as a next-generation AI accounting platform designed for global businesses. Financial operations including accounts receivable, accounts payable, bookkeeping, and reporting are automated across multiple entities. The platform is built to eliminate the complexity of managing disparate systems, providing seamless multi-entity reporting and immutable record-keeping. Solutions are offered to enhance financial visibility and control, with a focus on scalability and efficiency in the financial technology sector.
Light's top competitors include Coupa, Sage Group and Airbase.
Light offers Light Platform, Accounts Receivable, Accounts Payable, and Expense Management.
Light has 8 investors. Key investors include Seedcamp, Atomico, Balderton Capital, Mario Götze, and Entree Capital.
The valuation of Light is $39.96M as of May 2024.