Soon, new country-specific releases for startups operating in the UK and France will be available. 1,500 businesses use Ledgy at the moment.
There are three significant advantages when you move to Ledgy.
First, Ledgy serves as one source of truth for every single stakeholder, like other software-as-a-service products — the HR, financial team, investors, lawyers, and staff.
The second vital feature is that customers can automate some of the most challenging duties. Ledgy can generate papers automatically depending on templates and various factors, for instance. Ledgy also stores signed contracts. For compliance purposes, you can export data every quarter or annually.
Thirdly, it promotes company-wide transparency. The staff members can monitor ownership and even see the value of their shares or options. If the leadership team introduces new funding round, they can evaluate how much their options could be valued.
Ledgy hopes to expand to new markets with the current financing round. The company is also planning to support public corporations so that some of its existing customers can be made public and use Ledgy.