Light Raises $30 Million Series A to Replace Legacy Finance Systems with AI-Native Platform

Light, the next-gen AI accounting platform, led by Jonathan Sanders and Filip Kozjak, has raised $30 million in Series A funding led by Balderton Capital with participation from Atomico, Cherry Ventures, Seedcamp, and Entrée Capital alongside notable angels including Thomas Wolf (Co-founder and Chief Science Officer, Hugging Face), Charles Songhurst (Board Member, Meta), and several customers-turned-investors, bringing the total funds raised to $43 million.

The investment follows 30x growth in the past year, with customers cutting finance operations time by 84% compared to legacy ERPs.

Founded in 2022 by serial entrepreneur Jonathan Sanders, Light tackles a critical challenge: equipping hypergrowth companies with finance tools that scale as fast as they do. Unlike competitors layering AI onto outdated systems, Light is AI-native, built from the ground up as adaptive software that continuously evolves, from database design to user experience.

The impact is striking. While legacy platforms stall at processing 1 million records, Light handles 280 million in under a second. Balance sheets are generated instantly. Multi-entity accounting, global payments, and expense management run seamlessly across jurisdictions. Its AI matches human accuracy, and often surpasses it by detecting errors professionals miss.

Light’s approach is already winning over category leaders like Lovable, Sana, and Legora, hypergrowth companies that swapped fragmented finance stacks for Light’s unified platform. These teams needed more than incremental improvements; they needed infrastructure that could scale at their pace without added headcount or complexity.

To deliver both speed and trust, Light partners with financial heavyweights including JP Morgan, Adyen, and BDO. Its engineering team, drawn from Spotify, Google, Klarna, AWS, Booking.com, and Shopify, has built a system designed for global scale, not rigid workflows.

The Series A will fuel Light’s next phase of growth, starting with a New York office to meet surging client demand. By Q2 2026, the company plans to triple its engineering team, launch a process-optimization workbench, and scale its deployment department to support global expansion.