Startup
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AI Finance Startup Light Raises Funding from Revolut Backer Balderton
Copenhagen-based startup Light, founded in 2022, secured $30 million in Series A funding led by Balderton Capital to expand its AI-driven financial automation software. Light aims to streamline accounting, bookkeeping, and financial reporting for businesses. The company plans to use the funding to grow its team and establish a presence in both the US and Europe. Light differentiates itself by offering an agile, user-friendly AI solution for rapidly scaling companies, targeting larger enterprises seeking to overcome inefficiencies in their financial processes.