Fragment, a SaaS startup offering a ledger API for real-time double-entry accounting, has raised $9 million in a seed round led by notable investors, including Jack Altman and BoxGroup. While larger firms have access to powerful ERP-based reconciliation system integrations, Fragment keeps balances in its fintech product in lockstep with the bank and balance sheets SMBs build on.The funding will be used to expand its engineering team and deepen its go-to-market resources. Fragment’s technology, which has already attracted early customers like TruckSmarter and Nala, competes with Modern Treasury, and seeks to democratize advanced financial infrastructure for startups.
Fintech Fragment Eases Ledger Problems, Nabs $9M from Jack Altman, BoxGroup, Others
