Light secures $30m series A to scale AI-driven finance system

By Vriti Gothi

The round drew participation from Atomico, Cherry, Seedcamp, and Entrée, alongside leading angels such as Thomas Wolf, Co-founder and Chief Science Officer of Hugging Face, and Charles Songhurst, Board Member at Meta. Several existing customers also joined the investor base, underscoring the platform’s resonance with industry leaders.

Founded in 2022 by serial entrepreneur Jonathan Sanders, Light was built to overcome the limitations of financial systems designed for a different era. Whereas many providers retrofit artificial intelligence onto decades-old infrastructure, Light has embedded AI at its core, creating a platform that is adaptive, self-improving, and designed for scale. Its capabilities are transformative: while traditional systems falter at processing one million records, Light can handle 280 million in less than a second. Balance sheets are generated instantly, while multi-entity accounting, cross-border payments, and expense management are automated across jurisdictions. Accuracy matches human precision while exceeding it in the detection of errors.

“We’re not patching old systems with chatbots,” said Jonathan Sanders, Founder and CEO of Light. “We built finance software from scratch for how companies actually operate today. Companies shouldn’t have to spend $50,000 and five months just to expand into a new country. With Light, it happens instantly. ERP was built for factories. Light is built for the fastest-growing companies of the 21st century.”

The platform is already trusted by high-growth businesses, including Lovable, Sana, and Legora, who have consolidated fragmented finance tools into Light’s single system of record. By integrating with global infrastructure providers such as JP Morgan, Adyen, and BDO, Light combines the reliability of enterprise-grade systems with the agility demanded by modern companies. Its engineering team, with experience at Spotify, Google, Klarna, AWS, Booking.com, and Shopify, is building a finance system engineered for global scale rather than rigid workflows.