Switzerland-based Ledgy banked €32M ($35M) in a Series B round led by New Enterprise Associates (NEA). The cap table includes participation from Sequoia Capital, Speedinvest, BTFP, Visionaries Club and VI Partners. The investment follows a period of rapid international growth for the Zurich-headquartered firm.
Ledgy provides an equity management platform designed to help private companies handle cap tables, share ownership plans and investor relations. Unlike traditional spreadsheets, the software automates the complexities of multiple jurisdictions, allowing startups to scale their employee participation schemes across borders while maintaining compliance and transparency for stakeholders.
The company enters this stage with a client base that includes several of Europe’s high-growth scaleups. By digitising the equity process, the platform aims to reduce the administrative burden on finance and legal teams. The fresh capital is earmarked for further product development and expansion into new markets as the company seeks to establish itself as the continental alternative to North American incumbents.
This round underscores a maturing European ecosystem where foundational fintech infrastructure is becoming essential to support the next generation of multi-national unicorns.
Originally reported by Tech Funding News.