New Enterprise Associates led a $22m Series B funding round in Ledgy.

New Enterprise Associates, an American-based venture capital firm, led a $22m Series B funding round in Ledgy, an equity management platform for high-growth international startups, with participation from Sequoia Capital, Speedinvest, btov, Visionaries Club and VI Partners. “Through my lens as an investor at NEA, combined with my past experience at category-defining companies like Airbnb, Dropbox and Hubspot, I’ve seen the central role ownership plays in building enduring companies. The equity management challenge is especially acute in Europe, with different legal structures governing equity in every country. Ledgy has created a smart and powerful equity software platform and built an incredible, best-in-class team to support it. Yoko, Ben and Timo understand the challenges faced by companies as they scale, and we are thrilled to partner with the Ledgy team as they continue to reinvent how companies think about equity and ownership," Jonathan Golden, NEA Partner.