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Open Ledger raised $3M in a funding round led by Kindred Ventures and Blank Ventures to develop automated accounting software for enterprises and small businesses.

RECENTLY ACQUIREDJan 14, 2025

Amount Raised

$3 Million

Round Type

Seed

United StatesFinancial ServicesSoftwareArtificial IntelligenceFintechAccountingSaaS

Investors

Kindred VenturesBlank Ventures

Description

Pryce Yebesi, after exiting his previous company Utopia Labs to Coinbase, has launched Open Ledger and secured $3 million in funding. The new venture aims to provide AI-driven accounting solutions seamlessly integrated into existing products used by businesses.

Who to call at Open Ledger, and when

A new round usually means Open Ledger is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Open Ledger, from your own LinkedIn network

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Company Information

Company

Open Ledger

Location

United States

About

Open Ledger is a new company founded by Pryce Yebesi that integrates automated accounting software into existing enterprise and small business products. The company aims to provide an AI-driven, modular accounting tool that enhances efficiency in financial tasks. Open Ledger addresses the need for modernized accounting solutions by offering embeddable components, APIs, and a ledger database for better financial reporting. It builds on Yebesi's previous experience with Utopia Labs, focusing on improving the data layer of financial transactions.

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Fundz sees it the moment Open Ledger raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for Open Ledger's next move

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Open Ledger raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.