Joseph Johnson’s LinkedIn profile shows he left LedgerUp in Sep 2025 after serving as CEO & Co-Founder; leadership appears to have shifted to Bailey Spell as CEO and Danny Torney as CTO.
SourceAI agents that handles complex billing and revenue
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
LedgerUp is a YC-backed B2B SaaS platform that uses an AI billing teammate, Ari, to automate contract-to-cash workflows for companies with custom contracts—reading signed agreements, creating/sending invoices, chasing collections, reconciling cash, and answering billing questions inside Slack.
Primary product
Ari, an AI billing teammate for contract-to-cash automation
Founded
2024
Headquarters
San Francisco, California, United States
Team size
1-10
Industry
Software Development
Sub-industry
AI billing and revenue operations software
Offices
0 jobs at LedgerUp
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Business model
Stage
Seed / venture-backed
Total raised
$1.1M
Latest round
Venture Round · Sep 2024
Latest amount
$500K
Sep 2024 · Y Combinator
Aug 2024 · Y Combinator
May 2024 · Y Combinator
Founders
Co-Founder, former CEO
Investors
Public messaging emphasizes autonomy, Slack-native workflows, fast pilot-first deployment, white-glove onboarding, and moving finance/ops teams from manual glue to an autonomous engine.
Compensation
No public salary bands or compensation details were found in the reviewed sources.
Pricing
Revenue-based pricing tied to billing volume; no per-seat fees. Public tiers include Starter ($500/mo) and Growth/Enterprise custom pricing.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately $0.77M-$1.0M ARR (third-party estimates vary)
Estimated monthly visits
6.5K
Traffic estimate as of Jun 2026
Joseph Johnson’s LinkedIn profile shows he left LedgerUp in Sep 2025 after serving as CEO & Co-Founder; leadership appears to have shifted to Bailey Spell as CEO and Danny Torney as CTO.
SourceLedgerUp · Apr 2026
Shows LedgerUp replacing manual invoicing with one Slack message, cutting invoice time by 95%, processing 5x volume in Q1 2026, and reconciling 100% of payments.
LedgerUp · Mar 2026
Describes a 152% increase in collections, a 9-day DSO reduction, and eliminating the need to backfill a finance associate.
LedgerUp · Feb 2026
Describes recovering $72.5K in lost revenue, avoiding a $150K billing engineer hire, and reducing a billing cycle from 5–7 days to 15 minutes.
LedgerUp · Feb 2026
Highlights 180 hours of monthly work eliminated across collections, reconciliation, CRM entry, and renewals, avoiding headcount additions.
Fondo · Feb 2026
Launch write-up describing LedgerUp as an AI revenue teammate, outlining the contract-to-cash workflow, target users, and founder story.