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Copenhagen-based Light gets €25.5M from Balderton Capital and others to replace old accounting systems with AI

Copenhagen-based Light gets €25.5M from Balderton Capital and others to replace old accounting systems with AI
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Copenhagen-based Gentle, an AI-native finance platform, has raised $30M (roughly €25.5M) in a Sequence A funding spherical led by Balderton Capital. The funding brings Gentle’s complete raised to $43M (roughly €36.6M).

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Balderton Capital is a multistage enterprise agency with greater than twenty years of expertise supporting Europe’s greatest founders from Seed to IPO.

“We’ve seen numerous finance platforms over time, however nearly all of them tweak on the edges,” says Rob Moffat, Associate at Balderton Capital. “Gentle is the primary to throw out the outdated playbook. By rebuilding the overall ledger from scratch as a substitute of bolting onto legacy techniques, they’ve unlocked the complete energy of AI. The consequence isn’t simply quicker, it’s a step-change. That is the monetary platform hypergrowth firms have been ready for.”

Atomico, Cherry, Seedcamp, and Entrée participated within the spherical alongside notable angels, together with Thomas Wolf (Co-founder and Chief Science Officer, Hugging Face), Charles Songhurst (Board Member, Meta), and several other customers-turned-investors.

The funding comes as the corporate stories 30x development over the previous 12 months, with prospects decreasing finance operations time by 84 per cent after switching from legacy ERPs.

The funding will speed up the corporate’s geographic enlargement by organising a brand new workplace in New York to satisfy consumer demand.

The corporate plans to triple its engineering group by Q2 2026, launch a course of optimisation workbench and additional construct out the deployment division.

Gentle: Creating multinational accounting for contemporary firms

Based in 2022 by serial entrepreneur Jonathan Sanders, Gentle addresses a vital want available in the market — offering monetary instruments that preserve tempo with hypergrowth firms scaling a lot quicker than conventional SaaS companies.

Gentle is a contemporary accounting and finance platform appropriate for companies of all sizes, able to automating the whole lot from funds to expense administration and reporting throughout numerous jurisdictions.

The corporate has developed its complete platform with AI at its core, enabling natural software program that evolves and improves over time, from database design to person expertise.

The platform was constructed by a group drawn from Twitter, Pleo, Google, Spotify, Klarna, AWS, Reserving.com, and Shopify.

In comparison with legacy techniques, which fail at processing 1M data, the Danish platform claims to deal with 280 million in below a second.

Stability sheets are generated immediately. Multi-entity accounting, international funds, and expense administration occur robotically throughout jurisdictions.

The platform’s AI matches human accuracy whereas catching errors that professionals usually miss, claims the corporate.

“We’re not patching outdated techniques with chatbots,” says Jonathan Sanders, founder and CEO of Gentle. “We constructed finance software program from scratch for the way firms truly function at this time. Corporations shouldn’t must spend $50,000 and 5 months simply to increase into a brand new nation. With Gentle, it occurs immediately. 

Lovable, Sana, and Legora are among the many hypergrowth firms which have changed their fragmented finance instruments with Gentle’s unified platform.

The platform already companions with established monetary infrastructure, together with JP Morgan, Adyen, and BDO, guaranteeing enterprise-grade reliability whereas delivering startup-speed innovation. 



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Tags: 25.5MaccountingBaldertonCapitalCopenhagenbasedlightreplaceSystems
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