Case Study: Yeply scales equity management and empowers stakeholders with Ledgy

Ledgy is helping Yeply scale from its Finnish origins to become a global, category-defining scale-up, empowering all stakeholders along the way

Yeply, a Finnish bicycle maintenance service founded in 2016, faced the challenge of managing a complex cap table with over 300 stakeholders after its seed funding round. The co-founder and CEO, Antti Känsälä, sought a reliable, automated equity management solution to serve as a single source of truth and handle due diligence for future institutional investors, moving on from a previous tool.

The vendor Ledgy provided its equity plan automation and cap table management platform, which was highly recommended by other European founders. The Ledgy solution automated workflows, streamlined document signing, and provided a cost-effective way to manage a large number of shareholders. This saved Yeply a significant amount of administrative time each month and empowered all stakeholders with transparent, reliable equity data as the company scales across Europe.

Yeply

Antti Känsälä

Chief Executive Officer