Light, an AI-native finance platform out of Copenhagen that processes 280 million data in below a second, in the present day introduced €25 million in Collection A funding to develop to the US, triple its engineering staff, and additional construct out the deployment division.
The spherical was led by Balderton Capital. Atomico, Cherry, Seedcamp, and Entrée additionally participated within the spherical alongside notable angels, together with Thomas Wolf (Co-founder and Chief Science Officer, Hugging Face), Charles Songhurst (Board Member, Meta), and a number of other customers-turned-investors. The funding brings complete raised to €36 million.
“We’re not patching previous programs with chatbots,” stated Jonathan Sanders, Founder and CEO of Mild. “We constructed finance software program from scratch for a way firms truly function in the present day. Corporations shouldn’t should spend $50,000 and 5 months simply to develop into a brand new nation. With Mild, it occurs immediately.
“ERP was constructed for factories. Mild is constructed for the fastest-growing firms of the twenty first century.“
Based in 2022 by serial entrepreneur Jonathan Sanders, Mild says they remedy a important drawback: offering finance instruments capable of preserve tempo with hypergrowth firms which might be scaling a lot sooner than conventional SaaS companies. Whereas rivals add AI options to decades-old structure, Mild explains they constructed their complete platform with AI on the core to be natural software program that evolves and improves over time – from database design to person expertise.
In accordance with the corporate, the place legacy programs fail at processing 1 million data, Mild handles 280 million in below a second. Steadiness sheets generate immediately. Multi-entity accounting, international funds, and expense administration occur mechanically throughout jurisdictions. The platform’s AI reportedly matches human accuracy whereas catching errors that professionals typically miss.
Within the broader 2025 funding panorama, Mild’s €25 million Collection A sits in direction of the higher center of the pack amongst AI-enabled finance/FinTech rounds.
Some friends are elevating in double-digit thousands and thousands (€25 million for Finary, €115 million for Fnality), whereas others stay in Seed or sub-€10 million ranges (e.g. €825k for Eagl, €5.8 million for NaroIQ, €2.5 million for Allasso).
Many of those firms deal with fixing discrete monetary workflows (wealth instruments, funds, fund infrastructure, month-end shut), whereas Mild seems to place itself as a full normal ledger/ERP alternative constructed round AI.
“We’ve seen numerous finance platforms over time, however virtually all of them tweak on the edges,” stated Rob Moffat, Associate at Balderton Capital. “Mild is the primary to throw out the previous playbook. By rebuilding the final ledger from scratch as a substitute of bolting onto legacy programs, they’ve unlocked the complete energy of AI. The outcome isn’t simply sooner, it’s a step-change. That is the monetary platform hypergrowth firms have been ready for.”
The funding comes as the corporate studies 30x progress over the previous 12 months, with clients lowering finance operations time by 84% after switching from legacy ERPs.
Mild’s engineering staff is drawn from Spotify, Google, Klarna, AWS, Reserving.com, and Shopify. Lovable, Sana, and Legora are among the many firms which have changed their fragmented finance instruments with Mild’s unified platform.
The platform already companions with established monetary infrastructure together with JP Morgan, Adyen, and BDO, making certain enterprise-grade reliability whereas delivering startup-speed innovation.
The Collection A funding will speed up Mild’s geographic enlargement by organising a brand new workplace in New York. The corporate plans to triple its engineering staff by Q2 2026, launch a course of optimisation workbench and additional construct out the deployment division.
EU-Startups has beforehand coated Mild on a number of events. In June 2024, we reported on the corporate’s €12.1 million round to scale its AI-driven normal ledger platform for international finance groups. Extra just lately, Mild was featured in a January 2025 article highlighting 10 promising Danish startups to watch in 2025 and beyond, the place it was famous for its AI-powered method to accounting and reporting.
