# Soft Ledger

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/soft-ledger

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.softledger.com
- Total disclosed funding: $2.1M
- Latest round: Seed (May 18, 2021)
- Investors on record: 4

## About

Soft Ledger, Inc. provides a multi-entity accounting software platform that simplifies complex financial operations for businesses by offering real-time reporting and automated consolidations.Founded in 2018 in Santa Monica, US, Soft Ledger, Inc. specializes in accounting solutions that facilitate financial management for multiple entities. The company has raised USD 2.1 mn in Seed funding on May 18, 2021, led by Naples Technology Ventures, with participation from Forum Ventures, Mucker Capital, and Newark Venture Partners. CEO Ben Taylor, who previously co-founded other ventures, leads the company.SoftLedger offers a comprehensive multi-entity accounting software platform designed to address the complexities of modern financial operations. The core product includes real-time financial reporting, automated consolidations, and an intuitive general ledger, empowering finance teams to efficiently manage multiple entities and currencies. Businesses use SoftLedger to streamline their accounting processes, reduce month-end close times by 30%, and enhance financial visibility. With a focus on automation and integration, SoftLedger serves finance teams in diverse sectors, including financial services, real estate, healthcare, and nonprofit organizations. The platform is actively utilized by over 1,500 businesses globally, with specific markets including North America, Europe, and Asia-Pacific, catering to clients who require sophisticated accounting solutions without the complexity of traditional ERP systems.SoftLedger operates on a subscription-based revenue model, offering flexible pricing plans starting at USD 750 per month for unlimited entities and varying features. Clients engage with the platform primarily through annual subscriptions or monthly payments, allowing them to access services such as accounts payable automation, cash flow management, and integrated digital asset accounting. Revenue transactions typically involve recurring billing for software services, with clients benefiting from the platform’s capability to consolidate financial data across multiple entities located in different countries. The structured pricing plans cater to both standard and enterprise needs, ensuring that clients receive tailored accounting solutions that align with their business growth plans.In May 2021, Soft Ledger, Inc. raised USD 2.1 mn in Seed funding, which will be utilized to enhance product development, including upcoming features that streamline accounting for digital assets. The company plans to expand into new markets in Europe and Asia-Pacific by the end of 2023, aiming to increase its global footprint and client base. The recent funding will support these initiatives, ensuring the company can meet growing demand and enhance its software capabilities.

## Funding rounds

- Seed, May 18, 2021, $2.1M — Mucker Capital, Forum Ventures, NVP Capital, Naples Technology Ventures
- Seed, Oct 15, 2020 — NVP Capital

## Investors

- NVP Capital — Seed
- Mucker Capital (https://capitalatlas.ai/funds/mucker-capital) — Seed
- Forum Ventures (https://capitalatlas.ai/funds/forum-ventures) — Seed
- Naples Technology Ventures (https://capitalatlas.ai/funds/naples-technology-ventures) — Seed