How Much Did Layer Raise?
Funding & Key Investors

Layer, an embedded accounting platform for modern SMBs, has secured significant enterprise-level funding, with its total funding amount currently standing at $8.9M. The company recently announced a major strategic investment of $6.6M, underscoring its pivotal role in integrating financial services directly into business operations.

What is Layer?

Layer
SoftwareFinancial Software

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:

2024

Other Financing Round

$2.3M

2025

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.

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Frequently Asked Questions Regarding Layer Financial Insights

What are the most recent funding rounds that Layer has completed, and what were the funding rounds?
Layer has recently completed 2 funding rounds: Seed on Jul 9, 2025, Other Financing Round on May 20, 2024.
What is the total amount of funding Layer has raised to date?
Layer has raised a total of $8.9M in funding to date.
How many funding rounds has Layer completed?
Layer has completed 2 funding rounds.
How much funding did Layer raise in its most recent funding round?
Layer raised $6.6M in its most recent funding round.
Who are the lead investors in Layer's latest funding round?
The lead investor in Layer's latest funding round was Better Tomorrow Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Layer's history?
The largest funding round in Layer's history was $6.6M.
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