Meet Pryce Yebesi: The 24-Year-Old Entrepreneur Revolutionizing Accounting Software

At just 24, Pryce Yebesi has already made a big splash in the tech world. His first company, Utopia Labs, was snapped up by Coinbase. Now, he's back with a new venture called Open Ledger, which aims to modernize accounting software. Open Ledger embeds automated accounting tools into products that businesses already use, making life easier for everyone. The startup has raised $3 million from investors like Kindred Ventures and Blank Ventures. Yebesi got the idea for Open Ledger while working at Utopia Labs. He noticed that many businesses were still stuck with outdated accounting software. His new company offers a smarter solution, using AI to handle tasks like categorization and reconciliation. The goal? To help businesses spend less time on accounting and more time with their customers.After selling Utopia Labs, Yebesi worked with small businesses and realized that many founders faced the same accounting headaches. He teamed up with Ashtyn Bell, an AI expert, to launch Open Ledger. The company's technology allows data transaction databases to interact with AI models without compromising security. Open Ledger is already working with some big names in the SaaS, fintech, and banking worlds. The company plans to fully launch at the end of this month and use the fresh funding to hire more talent. Yebesi hopes that by the end of the year, Open Ledger will be supporting at least a million end users.