What is Layer?
Layer is redefining financial management for small and medium-sized businesses by embedding accounting and AI-bookkeeping services directly within software platforms. Founded in 2023 by Justin Meretab and Daniel ONeel, and headquartered in San Francisco, Layer empowers business owners to access accurate, real-time financial data without leaving the tools they use daily. This innovative approach streamlines operations and enhances financial visibility for SMBs.
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?
The recent major strategic investment signals a new phase of growth and expansion for Layer. This substantial capital infusion, part of its $8.9M in total financing, is expected to accelerate product development, enhance its AI capabilities, and broaden its market reach within the SMB software ecosystem. Layer is poised to further solidify its position as a leader in embedded finance solutions, driving efficiency and providing critical financial insights to a growing user base.
See full Layer company page