Open Ledger raised $3M in a funding round led by Kindred Ventures and Blank Ventures to develop automated accounting software for enterprises and small businesses.
Open Ledger raised $3M in a funding round led by Kindred Ventures and Blank Ventures to develop automated accounting software for enterprises and small businesses.
01/14/25, 6:44 PM
Location
san franciscoMoney raised
$3 million
Industry
accounting
fintech
saas
artificial intelligence
financial services
software
Round Type
seed
Investors
Blank Ventures, Kindred Ventures
Pryce Yebesi, after exiting his previous company Utopia Labs to Coinbase, has launched Open Ledger and secured $3 million in funding. The new venture aims to provide AI-driven accounting solutions seamlessly integrated into existing products used by businesses.
Company Info
Location
san francisco, california, united states
Additional Info
Open Ledger is a new company founded by Pryce Yebesi that integrates automated accounting software into existing enterprise and small business products. The company aims to provide an AI-driven, modular accounting tool that enhances efficiency in financial tasks. Open Ledger addresses the need for modernized accounting solutions by offering embeddable components, APIs, and a ledger database for better financial reporting. It builds on Yebesi's previous experience with Utopia Labs, focusing on improving the data layer of financial transactions.