Fundraising Fox

Ledge

Santa Monica, US · Founded 2013 · Delaware corporation · 47 employees on LinkedIn · 2 known investors

Ledge provides AI agents that automate the financial close process for accounting teams, running close checklists that pull data, prepare reconciliations, flux analysis, workpapers, and journal entries with review and approval built in. Teams describe workflows in plain language and Ledge produces Excel workpapers, schedules, and journal entries with their own formulas and audit trail.

Founders & leadership

Ledge was founded in 2013 by Tal Kirschenbaum, Asaf Kotzer, and Ariel Weiss.

TKTal Kirschenbaum
Tal KirschenbauminCEOPreviously at Melio; started Ledge in 2022 to automate payments ops and close.
AKAsaf Kotzer
Asaf KotzerinCTO
AW
Ariel WeissinCo-Founder & CPOCo-founder and CPO; previously at Melio with Kirschenbaum. LinkedIn shows an early CPO stint (2022–2023).
LW
Luke WeberNamed on SEC filing
AN
Adam NeffNamed on SEC filing

Investors · 2

Reported raises · per SEC filings

Form D private placements

$2.7M disclosed across 4 rounds · 2014–2016

$1.1MraisedSep 2016 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Adam NeffExecutive Officer, Director
  • Luke WeberExecutive Officer, Director
Offering amount
$1.1M
Amount sold
$1.1M
Minimum investment
$9K
First sale
Aug 2016
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$789KraisedMar 2016 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Luke WeberExecutive Officer, Director
  • Adam NeffExecutive Officer, Director
Offering amount
$1M
Amount sold
$789K
Minimum investment
$9K
First sale
Nov 2014
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$344KraisedNov 2014 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • LUKE WEBERExecutive Officer, Director
  • ADAM NEFFExecutive Officer, Director
Offering amount
$500K
Amount sold
$344K
Minimum investment
$9K
First sale
Nov 2014
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$500KraisedFeb 2014 · 3 investors · Other Technology
Officers, directors & promoters on the filing
  • Luke WeberExecutive Officer, Director
  • Adam NeffExecutive Officer, Director
Offering amount
$500K
Amount sold
$500K
Minimum investment
$30K
First sale
Feb 2014
Incorporated
Corporation, Delaware, 2013
Federal exemptions
04
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 10

by search overlap
Highradius284 shared keywordsHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.
Numeric200 shared keywordsNumeric builds a software platform for corporate finance and accounting teams that combines real-time accounting, data transformation, and AI-powered analytics to replace manual spreadsheet-based processes. The platform serves CFOs and accounting teams seeking to automate recurring financial workflows and improve decision-making.
Floqast167 shared keywordsFloQast provides reconciliation management and workflow automation software for accounting teams, designed by accountants to streamline financial processes and improve productivity.
Intuit®141 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Bill.com Holdings, Inc.136 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Blackline Systems128 shared keywordsBlackLine offers a cloud platform for financial operations, including account reconciliation, intercompany accounting, and financial close automation. It also provides Verity AI, a multi-agent system that automates tasks such as documentation analysis, transaction matching, and audit-ready reconciliations for accounting and finance teams.
DualEntry120 shared keywordsDualEntry is an AI-native enterprise resource planning (ERP) platform designed to replace legacy accounting systems for mid-market to enterprise businesses. It automates financial workflows including general ledger, accounts payable and receivable, reconciliation, and reporting, while supporting multi-entity, multi-currency operations with rapid implementation.
Vena Solutions119 shared keywordsVena is an Excel-native financial planning and analysis (FP&A) platform with AI agents that helps enterprises with budgeting, forecasting, reporting, and financial close management. Built to integrate with Microsoft 365 and connect ERP, CRM, and HRIS data, it serves finance teams looking to plan, report, and consolidate on a single platform.
Smartsheet118 shared keywordsSmartsheet provides a cloud-based work management platform that enables teams and organizations to plan, capture, manage, automate, and report on work at scale across enterprises, nonprofits, and small businesses globally. The platform helps improve process efficiency and business outcomes through unified digital workplace capabilities.
Ramp118 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.

Companies competing with Ledge for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Ledge do?
Ledge provides AI agents that automate the financial close process for accounting teams, running close checklists that pull data, prepare reconciliations, flux analysis, workpapers, and journal entries with review and approval built in. Teams describe workflows in plain language and Ledge produces Excel workpapers, schedules, and journal entries with their own formulas and audit trail.
Who founded Ledge?
Ledge was founded by Tal Kirschenbaum, Asaf Kotzer, Ariel Weiss in 2013.
Who are Ledge's investors?
Ledge's investors include New Enterprise Associates (NEA), PICUS CAPITAL.
How much funding has Ledge raised?
Ledge has disclosed $2.7M raised across 4 rounds.
Where is Ledge headquartered?
Ledge is headquartered in Santa Monica, US.