$13M Raised to Found a Modern Accounting and Financial Platform

The SaaS CFO

Welcome back to The SaaS CFO Podcast! In today's episode, we have the pleasure of hosting Jonathan Sanders, the co-founder and CEO of Light. With an impressive background that includes working in finance and co-founding successful startups like Pleo and Junie, Jonathan brings a wealth of experience to the table.

We dive into Jonathan’s journey from the finance world in London to founding multiple startups, culminating in his latest venture, Light—a smart financial platform designed to simplify and modernize global finance operations for tech-driven, multinational companies. Jonathan shares insightful details about what sets Light apart, including its modern database architecture on AWS, its intuitive user interface, and seamless integrations with major platforms like Salesforce and HubSpot.

Join us as we explore the challenges and innovations in the accounting software space, the importance of clean data during month-end closes, and the exciting future prospects for Light, including an ambitious goal of achieving one-hour month-end closes and the upcoming launch of their Light Command Interface. Whether you're a SaaS CFO, controller, or interested in the evolution of financial technology, you won’t want to miss this episode!

Show Notes:

00:00 Modern, cloud-hosted, simplified, fast, accounting ledger platform.

07:14 Fast, scalable AI-driven general ledger for clean data.

11:05 Partner for bookkeeping and scaling multinational finance functions.

14:54 Identifying companies transitioning to multinational operations.

17:18 Raised $13M to create scalable accounting products.

20:08 Partner with experts, plan indirectly, prove concepts, learn.

24:05 AI-driven automation for seamless operations and strategy.

25:59 Natural language simplifies complex accounting transactions.

Links:

SaaS Fundraising Stories: https://www.thesaasnews.com/news/light-raises-13-million-in-funding

Jonathan Sanders’ LinkedIn: https://www.linkedin.com/in/jonathan-sanders/

Light’s LinkedIn: https://www.linkedin.com/company/uselightinc/

Light’s Website: https://light.inc/

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