Ledgy
Ledgy is a financial services company that provides equity and share plan management software for companies. It serves over 2,500 customers globally and has raised $33 million in funding, most recently a Series B in September 2022.
The growth story
Ledgy grew from 30 to 88 employees between 2021 and 2026, raising $33M along the way, most recently a Series B in September 2022.
About
Ledgy sells software that helps companies manage employee equity plans and share ownership. Its platform includes automation tools, dashboards, and features designed to support businesses from pre-IPO through post-IPO stages. The product aims to simplify equity management and ensure compliance.
The company has grown to 88 employees since its founding in 2019. Its $33 million Series B round in 2022 suggests rapid scaling, though specific headcount growth figures are unavailable. Ledgy’s global customer base of over 2,500 companies indicates strong market traction.
Founders and leadership
Ledgy’s largest function is engineering, with 21 employees. The company is led by founders from ETH Zürich, and its team spans financial services and tech expertise. With a median tenure of 2 years, the organization shows moderate employee retention.
The Ledgy org chart
Armon Bättig (Co-Founder & CEO) leads 33 mapped leaders with 4 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 24 (+41% YoY), Business Development 9 (-10% YoY), Customer Success and Support 7 (+75% YoY), Information Technology 7 (+40% YoY), Entrepreneurship 6 (-14% YoY), Finance 5 (+67% YoY).
Talent flow
Ledgy recruits heavily from ETH Zürich, Personio, and Amazon, with each contributing 4 hires. Alumni often move to roles in equity management and fintech, with EquityPeople by Optio and Lakera being top destinations. The company’s talent pool reflects a mix of financial services and tech backgrounds.
Most common previous employers of Ledgy staff: ETH Zürich (4), Personio (4), Amazon (4), eMed Healthcare UK (3), Google (3), Equatex Global (3). Former Ledgy employees most often moved to EquityPeople by Optio (2), Lakera, now part of Check Point (2), Lovable (1), Salesatstartups.com (1), Wise (1), RE-liON (1).
Alumni worth knowing
The Ledgy mafia
Ledgy alumni have founded 14 companies, including Norm (33 staff), Übermorgen Ventures (16 staff), and Quanted (13 staff). These ventures span fintech, venture capital, and equity management, reflecting Ledgy’s influence in financial services innovation.
14Marius Colacioiu, was Principal Engineer Manager until 2023Myke Näf, was Member of the Board of Directors until 2018Charlie Simionescu-Marin, was Operations & Analytics Specialist until 2023Cédric Köhler, was Board Member until 2021Špela Prijon, was Head Of Customer Experience until 2022Seth DeHart, was Advisor until 2021
Tamas Varkonyi, was Operations until 2021
Christian K. Winkler, was Member of the Board of Directors until 2020
Ermias Giovanni, was Head of Marketing until 2022
Paul Koh, was Senior Customer Experience Manager until 2023
Giacomo Venier, was Software Engineer until 2025
Anna van Miert, was People Operations Associate until 2022
Muhammad Bhatti, was Senior Software Engineer until 2024
Sara Brioschi, was Head of People until 2023Web traffic
Traffic mix: 72% direct, 15% search, 2% social, 1% paid.
What this company is made of
Most common skills at Ledgy: Teamwork (27), Project Management (27), Python (Programming Language) (23), Microsoft Office (22), JavaScript (22), Leadership (22), Management (20), SQL (17).
Where the team actually sits
Ledgy people are concentrated in England, United Kingdom (20), Zurich, Switzerland (10), London Area, United Kingdom (7), United Kingdom (6). 2 offices on record.
Search footprint
Ledgy attracts about 2,392 organic search visits a month, traffic worth roughly $20K a month if bought through ads. It gained 382 ranking keywords and lost 478 in the last period.
What employees say
- Compensation
- 3.80 / 5
- Career opportunities
- 4.00 / 5
- Senior management
- 3.90 / 5
- Work-life balance
- 4.10 / 5
Frequently asked
Ledgy has 88 employees as of September 2026.
Ledgy has raised $33M in total, most recently a Series B round in September 2022.
Ledgy was founded in 2019 by Armon Bättig, Timo Horstschaefer, Yoko Spirig, Ben Brandt.
Armon Bättig (Co-Founder & CEO) sits at the top of Ledgy's reporting structure, with 4 direct reports.
The most common previous employers of current Ledgy staff are ETH Zürich (4 people), Personio (4 people), Amazon (4 people).
Former Ledgy employees most often move to EquityPeople by Optio (2), Lakera, now part of Check Point (2), Lovable (1).
At least 14 companies have a founder who previously worked at Ledgy, including Norm, Übermorgen Ventures, Quanted.
Ledgy attracts about 2,392 organic search visits a month, worth roughly $20K a month in equivalent ad spend.
The most common skills among Ledgy staff are Teamwork, Project Management, Python (Programming Language), Microsoft Office, JavaScript.
Ledgy staff are concentrated in England, United Kingdom (20), Zurich, Switzerland (10), London Area, United Kingdom (7).
Ledgy has about 24 people in Engineering, up 41% over the past year, as of September 2026.
Ledgy has about 9 people in Business Development, down 10% over the past year, as of September 2026.
Computed from 73 current and 90 former Ledgy profiles, as of September 2026. Source: Crustdata.
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