LedgerLoom
Accounting built for construction firms that hate spreadsheets
LedgerLoom runs the books for mid-size construction and trades businesses, the kind of companies still stitching together three tools and a pile of receipts. Job costing, retention, progress billing, all in one place, and it actually matches how a project manager thinks about a site.
We backed them because the founders ran a contracting business before they wrote a line of code, so they know exactly where the money leaks. That is the unfair edge. They are not guessing at the workflow, they lived it.
The way I see it, vertical software wins when the team has scars from the industry. LedgerLoom has plenty. They closed paying customers before the product was pretty, and the churn numbers told us everything we needed to know. We came in at the first institutional round and have been adding logos every quarter since.