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Open Ledger raises $3m in Seed funding

San Francisco based startup automating accounting tasks for small businesses raised $3m in Seed funding led by Kindred Ventures.

“When we built invoicing products at Utopia, we saved our customers 70-80% of the time they spent on accounting tasks. That experience led me to realize the need for more extensible and embedded accounting solutions,” Yebesi told TechCrunch. “Open Ledger is our answer to that challenge. An AI-driven, modular accounting tool that lives where our customers already work.”

Tags

automation, accounting, smbs, spend management