Light
mid-rangeby Light
AI-native finance platform for multi-entity, multi-country accounting teams
Starting price
Contact for pricing
custom
Company size
51–1,000 employees
ideal fit
Go-live
4–10 weeks
typical timeline
Total project cost
Not publicly disclosed
software + implementation
Best for: Internationally structured companies consolidating entities and country ledgers in one system
Raised a $30M Series A led by Balderton in September 2025
What Is Light ERP?
Light is a Copenhagen-based AI-native financial accounting platform built for multi-entity, multi-country companies — general ledger, accounts payable/receivable, and revenue recognition, with spend management and corporate cards handled natively rather than through a bolted-on tool — and it is not a generic reference to "light" software or any other product. Searching a single common word finds a lot of unrelated results; this page is specifically about Light, the finance company founded in 2022, which raised a $30M Series A led by Balderton in September 2025 ($43M total raised), profiled alongside its category peers in our AI-native ERP guide. Light is the only European entrant among the credible AI-native vendors, and it markets itself as "agentic accounting" — an AI layer (see below) working across the ledger rather than a copilot answering questions on the side. It is also the smallest-funded vendor in the AI-native cohort, with $43M raised against $100M+ for Rillet, DualEntry, and Campfire — worth weighing directly against its differentiation on multi-entity depth. The single most important fact for a buyer: Light is a financials-only platform. There is no manufacturing and no warehouse management module. Inventory and supply chain do not appear in its documented capability set at all. A company that manufactures or holds physical stock as a core operation should not expect Light to run those functions — it is built to run the books and the spend that flows through them, across as many entities and countries as a group needs, not to run a warehouse floor.
Pros & Cons
Multi-entity and multi-book accounting treated as core rather than an add-on
Spend management, corporate cards and expenses handled natively alongside the ledger
Public REST API spanning payables, receivables, ledger and card objects
Employee-facing workflows for expenses, purchase requests and approvals
Finance-first — no inventory, manufacturing or supply chain
Smaller and less capitalised than the US-based vendors in this category
Limited independent evidence of large-scale or audited deployments
No public pricing
Module Strengths
●●● Strong · ●●○ Moderate · ●○○ Basic
View full pricing, implementation costs & get a quoteSee the full modules breakdownIs Light the right fit?
The question to settle before you demo Light — the name is a common English word, so start by confirming this is the specific finance company.
Runs multiple legal entities across several countries and needs one consolidated ledger
Light fitsWants spend management and corporate cards native to the accounting system, not bolted on
Light fitsNeeds inventory, manufacturing, warehousing, or field service
Not a fit — see full suitesIs a single-entity US startup evaluating AI-native accounting
Compare Campfire insteadNeeds the largest-funded, most established option in the category
Compare Rillet or DualEntry via our category guide
ERP Cost Estimator
Get an instant cost range based on your company profile
5 – 5,000 active ERP users
Who It Fits — and Who It Doesn't
Light's own product registry confirms a finance-first footprint, deeper in multi-entity structure than in operational breadth:
- Finance: strong. Multi-entity, multi-book accounting is treated as core architecture, not an add-on module.
- Procurement: basic. Purchase requests and purchase orders exist to support the spend-management workflow, not full strategic sourcing.
- HR: basic. Enough for the employee-facing expense and reimbursement workflows; not a payroll or HCM system, though it integrates with a payroll provider (Finch HRM).
- CRM/sales: basic. Customer records support invoicing and contracts, not a sales pipeline.
- Business intelligence: basic, and asset management: basic — both present but thin in the documented capability set (see below).
- Manufacturing, supply chain, inventory, warehouse, ecommerce, project management, quality management, field service: not covered.
That profile fits internationally structured companies of roughly 51–1,000 employees consolidating multiple legal entities and country ledgers — software, professional services, retail, and ecommerce groups with a genuine multi-country footprint. It is a poor fit for single-entity domestic startups (Campfire or Rillet are the closer match there) and a poor fit for any company running physical operations.
Capability Coverage by Module
Here is what Light's documented capability set actually covers, module by module — including where coverage is thinner than the category label suggests:
Finance & Accounting
The deepest and most complete area of the product by a wide margin. General ledger with unified document types, journal entries, deferrals, an immutable audit trail, period and year-end close, FX revaluation, and intercompany postings across multiple entities. Accounts payable covers the full bill-to-payment cycle — vendor self-service onboarding, AI-driven invoice/receipt extraction, approval routing, payment scheduling and batches, multi-currency payments, purchase orders, and AP aging. Accounts receivable mirrors that on the customer side: contracts, products and pricing, invoice creation and delivery, deferred-revenue schedules, and multi-entity AR aging. Bank reconciliation streams or imports transactions and matches them to ledger entries automatically, with multi-currency support. Reporting and consolidation includes multi-entity consolidation with intercompany elimination, three-currency reporting, budget-versus-actual, and ARR metrics. Revenue recognition runs release-based schedules for deferrals and prepayments, with Peppol e-invoicing, UK HMRC VAT filing, and US sales tax via AvaTax.
Read more →Expense Management & Corporate Cards (native)
This is Light's clearest differentiator versus the rest of the AI-native cohort: physical and virtual corporate cards, Apple Pay and Google Pay support, receipt capture via mobile, Slack, Teams, or email, AI categorisation, and full approval and reimbursement workflows, all built into the core platform rather than integrated from a third-party spend tool.
Procurement (basic)
Purchase requests let employees seek pre-approval before committing spend, and purchase orders progress through a defined lifecycle. There is no competitive sourcing, RFQ, or supplier-scorecard functionality.
Read more →HR & Payroll (basic)
Employee records support expense and reimbursement workflows and role-based access. Payroll itself runs through a third-party integration (Finch HRM) rather than natively.
Read more →Sales & Customer Records (basic)
Customer and contract records support invoicing, pricing, and subscription billing. This is not a CRM or pipeline tool.
Read more →Reporting & Analytics and Asset Management (thin)
Both areas show up as covered categories in the underlying capability catalogue, but with effectively no individually documented capabilities beyond what's captured under core finance reporting and fixed assets — treat these as areas to probe directly in a demo rather than assume are fully built out.
●●● Strong · ●●○ Moderate · ●○○ Basic
Manufacturing, supply chain, inventory, warehouse management, ecommerce, project management, quality management, and field service show no documented capability at all. For a multi-entity group that also runs physical operations, that is the gap to plan around before assuming Light can stand alone.
AI Features
Light's AI is woven through the platform rather than confined to a single assistant, and includes an autonomous agent layer:
Invoice and receipt extraction
AI reads uploaded bills and receipts to populate transaction data automatically, feeding the accounts payable and expense workflows.
Astra agent
An autonomous agent that produces monthly close memos and carries configurable company memory across sessions — the most agentic (rather than assistant-style) AI feature documented among the AI-native cohort.
Natural-language Q&A in Slack
Finance questions can be asked and answered directly in Slack rather than only inside the Light app.
Light Command Interface
A natural-language interface for driving the platform itself, alongside MCP connectivity for external AI tools to reach Light's data.
Data cleaning and duplicate detection
AI-assisted cleanup and matching support during reconciliation.
Its claims of processing speed and finance-ops time savings are company-supplied and should be checked against a reference customer at your scale, consistent with how we evaluate every vendor in this category — see the determinism discussion in our AI-native ERP guide.
See how Light compares
Compare features, pricing, and modules with other leading ERP systems side by side.
Integrations
Light lists pre-built connectors to Salesforce, HubSpot, Slack, Microsoft Teams, Stripe, Airwallex, Finch HRM (payroll), HMRC, AvaTax, Gmail, and Abacum, plus bank feeds, a REST API, data-import tooling, and guided migrations from QuickBooks and e-conomic. The API surface is broad for a company this young — covering bank accounts, cards, contracts, customers, expenses, invoices (both payables and receivables), journal entries, ledger accounts, products, purchase orders, and vendors — which matters for buyers who expect to build custom reporting or connect Light to other systems.
How Light Compares to NetSuite and Sage Intacct
| Aspect | Light | NetSuite | Sage Intacct |
|---|---|---|---|
| Core scope | Financials only: multi-entity GL, AR/AP, spend management | Full suite: financials, inventory, orders, manufacturing, projects | Financials-focused, strong multi-entity consolidation |
| Multi-entity depth | Core architecture, purpose-built for it | Strong, mature | Strong, mature — a direct point of comparison |
| Spend management / cards | Native | Requires third-party add-on | Requires third-party add-on |
| Geography | Copenhagen-based, EU-first, expanding to the US | Global, US-headquartered | Global, US-headquartered |
| Maturity | Founded 2022, smallest-funded of the AI-native cohort | Decades of deployments, large partner network | Decades of deployments, large partner network |
| Pricing | Custom-quoted, no published list price | Custom-quoted | Custom-quoted |
Light's most direct comparison for multi-entity consolidation is Sage Intacct, which has a much longer track record doing exactly that; Light's case is architectural modernity and native spend management against Sage Intacct's maturity and partner ecosystem. Against NetSuite, the same operations gap applies as with every AI-native vendor: no inventory or manufacturing.
Pricing Reality
Light does not publish list pricing. Cost is custom-quoted, in line with the rest of the AI-native category — there is no public per-user or per-entity rate card to point to. Get a scoped quote against your entity count and country footprint before budgeting a number.
Limitations
- Financials-only. No inventory, manufacturing, warehouse, or field service capability exists in the product.
- Smallest-funded of the AI-native cohort. $43M total against $100M+ raised by Rillet, DualEntry, and Campfire — a factor worth weighing on vendor longevity, especially given the venture-backed risk every AI-native vendor carries.
- Limited independent evidence at scale. Public information on large-scale or audited deployments is thinner than for its US-based peers.
- Young company, short audit history. Founded 2022; two-plus years of audit history is a fraction of what an incumbent platform offers.
- Reporting and asset management are thin. Both show up as covered areas but with limited depth beyond core finance reporting — validate directly in a demo.
- No published pricing. Budgeting requires a sales conversation.
Frequently Asked Questions
Is "Light" a specific ERP product or a generic term?
This page is about Light, a specific Copenhagen-based AI-native finance company founded in 2022 that raised a $30M Series A led by Balderton in 2025. Because "light" is also an ordinary English word, searches for it return a lot of unrelated results — this is not a generic descriptor for lightweight software.
What makes Light different from other AI-native ERP vendors?
Its two clearest differentiators are multi-entity, multi-country accounting treated as core architecture rather than an add-on, and native spend management with corporate cards built into the same platform as the ledger — most competitors require a separate spend-management tool.
Does Light handle payroll?
Not natively. Employee records support expense and reimbursement workflows, but payroll runs through a third-party integration with Finch HRM rather than inside Light itself.
Can Light replace NetSuite for a company with inventory?
No. Light has no documented capability for inventory, manufacturing, supply chain, or warehouse management. A company with physical operations would need to pair Light with a separate operations platform or use a full suite instead.
How much does Light cost?
Light does not publish pricing. Cost is quoted individually; there is no public rate card by user, entity, or module.
How does Light compare to Sage Intacct for multi-entity accounting?
Sage Intacct has a far longer track record in multi-entity consolidation with a large partner and audit ecosystem. Light offers a more modern, AI-native architecture and native spend management, but with a much shorter operating history — validate audit-readiness and reference customers at your scale before committing.
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