What is Layer?
Layer operates as an embedded accounting platform designed to integrate seamlessly into existing software ecosystems. Founded in 2023 by Justin Meretab and Daniel ONeel, the company addresses the friction inherent in traditional bookkeeping by enabling software platforms to offer native accounting and AI-driven financial services. This approach allows business owners to maintain accurate, real-time financial oversight without exiting their primary operational tools. By embedding these capabilities directly into the workflow, Layer is redefining how small and medium-sized businesses manage their fiscal health, moving away from siloed legacy systems toward a more cohesive, automated financial future.
How much funding has Layer raised?
Layer has raised a total of $8.9M across 2 funding rounds:
Other Financing Round
$2.3M
Seed
$6.6M
Other Financing Round (2024): $2.3M with participation from Better Tomorrow Ventures
Seed (2025): $6.6M led by Better Tomorrow Ventures
Key Investors in Layer
Better Tomorrow Ventures
Better Tomorrow Ventures is a financial technology firm focused on building and investing in startups to create a better future. They specialize in supporting early-stage companies by providing hands-on assistance in areas such as hiring, company culture, distribution, and fundraising.
What's next for Layer?
With this major enterprise-level funding, Layer is well-positioned to accelerate its product roadmap and expand its market reach. The company's focus will likely shift toward scaling its AI-bookkeeping engine and deepening integrations with broader enterprise software suites. As the demand for automated financial intelligence continues to rise, Layer's ability to provide real-time data visibility will be a key differentiator. Future growth will likely involve strategic partnerships with vertical SaaS providers, further embedding the platform into the daily operations of SMBs globally and solidifying its role as the backbone of modern business financial management.
See full Layer company page
