LedgerUp is revolutionizing the way small to medium-sized businesses manage their finances. Our AI-driven platform simplifies bookkeeping, automating tedious tasks and providing accurate, real-time financial insights. By leveraging advanced machine learning algorithms, LedgerUp ensures that every transaction is categorized correctly, making financial reporting effortless and precise.

Our mission is to scale up financial operations for businesses without the need for extensive accounting knowledge. From automated transaction entries to instant financial reports, LedgerUp empowers business owners to focus on growth while maintaining complete control over their finances. We're proud to support a growing community of entrepreneurs and business owners who rely on our platform to streamline their accounting processes and enhance their operational efficiency.
Your first and only finance hire
Title: LedgerUp: Your first and only finance hire | Y Combinator

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### Your first and only finance hire

LedgerUp is revolutionizing the way small to medium-sized businesses manage their finances. Our AI-driven platform simplifies bookkeeping, automating tedious tasks and providing accurate, real-time financial insights. By leveraging advanced machine learning algorithms, LedgerUp ensures that every transaction is categorized correctly, making financial reporting effortless and precise. Our mission is to scale up financial operations for businesses without the need for extensive accounting knowledge. From automated transaction entries to instant financial reports, LedgerUp empowers business owners to focus on growth while maintaining complete control over their finances. We're proud to support a growing community of entrepreneurs and business owners who rely on our platform to streamline their accounting processes and enhance their operational efficiency.



LedgerUp

Founded:2024

Team Size:3

Location:San Francisco

### Active Founders

### Joseph Johnson, Founder

I’ve held multiple finance and accounting roles across companies from seed stage to Series A and beyond. I've experienced all stages of company growth, including most recently serving as Controller and then Director of Finance at a company where I led the accounting/finance efforts for public filings, including S-4 and 10-Q filings. With my background in scaling finance operations, I’m passionate about helping SMBs streamline their financial workflows and prepare for growth.



### Bailey Spell, Founder

Previously, I worked at Microsoft, where I was one of two selected by the Office CTO to integrate agents into Office while then becoming the first engineering hire at a seed-stage workflow automation startup. There, I helped the company grow from $0 to $120k in ARR. Now, I am helping lead a new era of finance and accounting for businesses starting with bookkeeping.



### Company Launches

[### LedgerUp - Your first and only finance hire](

Hey everyone! We’re Joe and Bailey from LedgerUp. We leverage AI to handle back-office finance and accounting tasks so you can get back to running your startup.

**Tl;dr**

Use [LedgerUp]( to take care of back-office finance and accounting tasks. From daily bookkeeping to investor-ready reporting, we handle everything in between, and with integrations directly into your email/Slack inbox you are only a click away from automating a task or gathering insights on your financials.

❌ **The Problem**

As a startup founder, you need to focus on PMF and scaling your business. You shouldn’t have to worry about your finances. Right now, you might be:

*   Wondering about your burn rate or spending
*   Struggling to keep up with bills and invoices
*   Spending too much time on bookkeeping (_or overpaying_)
*   Dealing with mistakes in your financials
*   Unsure if your books are correct
*   Sprinting to get financials ready for investors
*   Using ChatGPT/Perplexity for one of the above tasks but frustrated that the output has to be manually entered into your accounting software

✨ **Our Solution**

Simply connect LedgerUp to your current tools (QuickBooks, Stripe, Bank Account, etc.), and we handle the rest. Our AI Bookkeeping and Finance Assistant can help you…

🚀 Keep track of your burn rate and spending daily

💼 Create & send invoices and subscriptions from contracts

💰 Have customers pay you on time

🧾 Enter and pay bills easily

📊 Have financials always ready for investors

📅 Be ready for tax season without stress

⏳ Save time by automating bookkeeping tasks

🔍 Ensure your financials are accurate and detailed



🙌 **Our Asks**

Try [LedgerUp]( We will make your bookkeeping and finance easy and worry-free.

**The Deal:** $100 off + free bill and invoice management included (_for first 3 months_)

Follow us on [Twitter]( or [LinkedIn]( Our inboxes are always open.

Share this with any startup founders or small businesses who need better bookkeeping and finance solutions.

If you have 10 minutes to chat about LedgerUp, please [book a time]( with us😊


