Ledgy
Ledgy AG is a Zurich-based SaaS provider of unified equity and executive compensation management software for private and public companies, serving 1,500+ businesses across 45 countries with cap table, compliance, and share plan workflows.
- Company typePrivate
- Founded2017
- HeadquartersZürich, Switzerland
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Ledgy does
Ledgy AG is a Swiss-headquartered software company, founded in 2017 and based in Zurich, that operates a SaaS platform for equity and executive compensation management. The platform unifies cap table management, equity plan automation, employee communications, vesting administration, financial reporting (IFRS 2 compliant), valuations, compliance across jurisdictions, and share plan administration for both private companies (from incorporation through IPO readiness) and publicly listed firms (share plans, SAYE, trading and settlement). It additionally extends into deferred compensation, with a forthcoming carried interest module, positioning Ledgy as a single system of record for non-cash compensation including equity, deferred compensation, carried interest, pensions, and savings.
The platform is built on cloud infrastructure (data hosted in Zurich, with sub-processors including Google Cloud, MongoDB Atlas, AWS, Merge API for HRIS sync, and SSO via Google, Okta, and Azure), holds ISO 27001:2022 certification, and is GDPR, UK Data Privacy, and Swiss Data Privacy compliant. Distribution combines direct enterprise sales (Book a Demo and Speak with an expert CTAs) with a freemium self-serve tier, quote-based subscription pricing with annual and multi-year billing, and an event-driven marketing engine anchored by the annual Edge Summit in London.
Ledgy is venture-backed with approximately $33 million raised across seed (2018), Series A led by Sequoia Capital ($10M, September 2021), and Series B led by New Enterprise Associates ($22M, September 2022). The company serves 1,500+ businesses across 45 countries, with named enterprise customers including Revolut, DeepL, Personio, Climeworks, Syncona, Winterflood, Motorway, Wefox, Kry, Bitpanda, and Pleo. Leadership is anchored by Co-CEO and co-founder Armon Bättig; the company employs 51-100 staff across Zurich and a Berlin office opened in 2022.
Ledgy firmographics
Firmographics- Name
- Ledgy
- Legal name
- Ledgy AG
- Website
- https://ledgy.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Ledgy AG is a Zurich-based SaaS provider of unified equity and executive compensation management software for private and public companies, serving 1,500+ businesses across 45 countries with cap table, compliance, and share plan workflows.
- Ownership category
- akta.pro rank
Ledgy industry classification
Industry- Product category
- Equity & Executive Compensation Management Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Equity Compensation & Global Share Plan Administration (BPACAHAI)
Keywords
Where Ledgy is headquartered
LocationHeadquarters
- HQ city
- Zürich
- HQ country
- Switzerland
- HQ region
- Europe
Offices2 records
Markets served
Ledgy business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription (Private Companies): Subscription-based pricing for private companies managing equity from incorporation through IPO-readiness. Plans offered with different feature tiers.
- SaaS Subscription (Public Companies): Subscription-based pricing for public companies running best-in-class share plans at scale with automated workflows.
- Enterprise Plan: Enterprise tier with full onboarding, migration support, and advanced features. Migration typically takes weeks rather than months with expert support.
- Free Services: Limited selection of services available for free to attract and onboard new customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Services - Limited feature access for evaluation |
| Subscription | Annual | Paid Subscription - Full range of services |
| Subscription | Multi-year contract | Enterprise Plan - Full onboarding and migration support |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Ledgy product offering
Product offeringCore offering
Ledgy provides a unified SaaS platform for managing equity and executive compensation across a company's full lifecycle, from incorporation through IPO-readiness and beyond as a public company. Its core offering integrates cap table management, equity plan automation, share plan administration, trading and settlement, SAYE administration, deferred compensation, executive compensation, IFRS 2 financial reporting, valuations, and multi-jurisdictional compliance into a single platform with 70+ HRIS integrations.
Product overview
Ledgy is a unified equity and executive compensation management platform that serves both private and public companies throughout their entire lifecycle from incorporation through post-IPO. The platform offers a comprehensive suite of interconnected modules for equity plan automation, cap table management, employee communications, compliance, financial reporting, valuations, share plan administration, trading and settlement, and executive compensation (including deferred compensation and carried interest). The core platform unifies equity, deferred compensation, carried interest, pensions, and savings into one login with a single source of truth, supported by 70+ HRIS integrations and automated workflows for granting processes.
Differentiator
Problem solved
Functional benefit
Products and services
- Equity Plan Automation Streamlines equity workflows and automates manual processes throughout the granting process with 70+ HRIS integrations for data management at scale. Targets private companies from incorporation through IPO-readiness.
- Cap Table Management Keeps cap tables accurate and up to date, turning them into strategic assets that are accurate and intuitive for private companies managing stakeholder ownership.
- Employee Equity Communications User-friendly dashboards and real-time updates that help employees understand their equity grants, vesting schedules, and total compensation across private companies.
- Equity Compliance Automated country-specific compliance reports, global mobility reporting, custom vesting, and IFRS 2 expensing to keep equity compliant and secure across jurisdictions.
- Financial Reporting Instantly generates audit-ready financial reports including share-based payment expensing compliant with IFRS 2 and exit distributions for audits and board meetings.
- Company Valuations Provides accurate and audit-ready company valuations from market-leading experts for private equity stakeholders.
- Share Plan Administration Enables public companies to run best-in-class share plans at scale with automated workflows, replacing time-consuming manual tasks for share plan administrators.
- Trading and Settlement Streamlines participant trading and settlement for public companies with seamless integrations and automations, allowing employees to exercise shares and track each step of the trading journey.
- IPO Preparation Enables seamless transition from private to public with expert support, helping private companies prepare for IPO readiness through structured workflows.
- SAYE Administration Modernises Save As You Earn (SAYE) admin with end-to-end automation for UK-listed public companies running SAYE share scheme programs.
- Executive Compensation One platform for equity and executive compensation bringing together equity, deferred compensation, and carried interest in a unified system for executives.
- Deferred Compensation Manages deferred compensation fund allocations and provides executives with clear views of total compensation without spreadsheets, as part of the unified non-cash compensation platform.
- Public Company Employee Communications User-friendly dashboards giving share plan participants in public companies access to all equity information they need in one place for trading and ongoing engagement.
Quantifiable outcome
- Over 7,000 awards to about 4,000 employees with only about 20 queries - massive reduction in support queries
- +2 more outcomes
Companies that use Ledgy
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles3 records
Ledgy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature7 records
Ledgy partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship and core.
- JP JenkinsflagshipJP Jenkins, a liquidity venue for unlisted securities, announced its partnership with Ledgy after being approved to operate a PISCES platform in the UK. The partnership aims to provide private firms with comprehensive equity management services, enhancing liquidity options for private companies.
- Google Cloud PlatformcoreSub-processor for hosting and workspace services. Data hosted in Zurich, Switzerland. Stakeholders and transaction data, uploaded documents processed.
- MongoDB AtlascoreSub-processor for database services. Data hosted in Zurich, Switzerland. Processes stakeholders and transaction data, uploaded documents.
- AWS (Amazon Web Services)coreSub-processor for offsite backup services. Located in Dublin, Ireland. Processes stakeholders and transaction data.
- Merge API InccoreSub-processor for HRIS integration services. Located in Stockholm, Sweden. Processes employee identity information, organisational data, employment details, and compensation data.
Scale indicators4 records
Recent moves7 records
Expansion highlights7 records
Ledgy competitors and assessment
Company assessmentDirect peers
- Carta: Carta is the leading US-based cap table and equity management platform serving private and public companies. It is Ledgy's most direct global competitor with overlapping products across cap table management, equity plan administration, and compliance — though its primary market and scale are US-centric.
- Capdesk: Capdesk is a London-based equity management and cap table platform serving European startups and scale-ups. It competes most directly with Ledgy in the European private-company segment on cap table, EMI scheme administration, and equity plan automation.
- Pulley: Pulley is a US-based cap table and equity management platform with strong traction among venture-backed startups. It overlaps with Ledgy on cap table management, 409A valuations, and equity plan workflows for venture-backed private companies.
- Eqvista: Eqvista is a US-based cap table, 409A valuation, and equity management platform. It serves private companies and competes with Ledgy on cap table management, valuations, and equity compliance offerings.
Broad incumbents
- Computershare (Shareworks): Computershare, through Shareworks (now part of EQ), is a broad incumbent providing global share plan administration, equity compensation management, and transfer agency services for public and large private companies. It overlaps with Ledgy's public-company tier but operates at significantly larger scale.
- J.P. Morgan Workplace Solutions (formerly Global Shares): Global Shares, acquired by J.P. Morgan, provides equity compensation management and share plan administration software for global enterprises. It overlaps with Ledgy's public-company segment and enterprise plan administration but is part of a much broader financial services platform.
- Morgan Stanley at Work: Morgan Stanley at Work provides equity compensation, share plan administration, and financial wellness solutions to public and private companies. It competes with Ledgy particularly in the public-company share plan administration segment.
- Certent (now part of Donnelley Financial Solutions / DFIN): Certent, owned by DFIN, provides equity management and financial reporting software for public companies. It overlaps with Ledgy's financial reporting, IFRS 2 expensing, and equity administration offerings for the public-company segment.
Emerging players
- Pave: Pave is a US-based compensation management and benchmarking platform with growing capabilities in equity compensation tracking. It overlaps with Ledgy on the executive compensation and total rewards use case but is more focused on benchmarking and total comp data than equity administration.
Others
- Deel: Deel is a global HR and payroll platform with EOR services. While not a direct competitor in equity management, it is an adjacent HR Tech player frequently evaluated by the same People/HR and Finance buyers at venture-backed companies that Ledgy targets.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Ledgy social profiles
Digital presenceLedgy compliance and trust
Trust signalCompliance2 records
Ledgy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ledgy leadership team
Management profileNumber of profiles
Profiles5 records
Ledgy funding detail
Funding detailFunding overview
Funding rounds4 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ledgy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ledgy
What does Ledgy do?
Ledgy provides a unified SaaS platform for managing equity and executive compensation across a company's full lifecycle, from incorporation through IPO-readiness and beyond as a public company. Its core offering integrates cap table management, equity plan automation, share plan administration, trading and settlement, SAYE administration, deferred compensation, executive compensation, IFRS 2 financial reporting, valuations, and multi-jurisdictional compliance into a single platform with 70+ HRIS integrations.
Is Ledgy a public or private company?
Ledgy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ledgy founded?
Ledgy was founded in 2017. It employs 51 to 100 people.
Where is Ledgy based?
Ledgy is headquartered in Zürich, Switzerland, in the Europe region.
How does Ledgy make money?
Four revenue lines are on record. SaaS Subscription (Private Companies) is the primary driver. The others are saaS Subscription (Public Companies), enterprise Plan and free Services.
Who are Ledgy's main competitors?
Direct peers on record are Carta, Capdesk, Pulley and Eqvista. Broad incumbents are Computershare (Shareworks), J.P. Morgan Workplace Solutions (formerly Global Shares), Morgan Stanley at Work and Certent (now part of Donnelley Financial Solutions / DFIN). Pave is listed as an emerging player. Deel is listed as an others.
Does Ledgy have an API?
No public API is recorded for Ledgy.
What industry is Ledgy in?
Ledgy's product category is Equity & Executive Compensation Management Software. Its primary akta.pro industry code is BPACAHAI, Equity Compensation & Global Share Plan Administration. Its NAICS code is 5182 and its SIC code is 7372.