Ledgy closed a $10 million Series A funding round led by Sequoia Capital.

Ledgy, a Zurich, Switzerland-based startup developing a software solution used for company valuation and investor relations management, announced that it raised a $10 million series A funding round.

The money was raised from a range of investors led by the American VC Sequoia Capital, joined by Xavier Niel, Harry Stebbings, Visionaries Club, Daniel Dines, Mathilde Collin, Myke Näf, Paul Sevinç, btov Partners, Creathor Ventures and VI Partners.

Ledgy, founded in 2017 by Ben Brandt, Timo Horstschaefer and Yoko Spirig, developed an end-to-end equity management, used as an online share register platform, that can manage employee incentive plans, model the next financing round, and send reports to investors. The tool is adapted for the specific of 32 countries, with a better focus on the DACH market (home) - the company says it is used by roughly 1500 customers.