TLDR:
– Lettuce Financial secures $15 million in Series A funding led by Zeev Ventures
– Lettuce provides tax and accounting automation platform for solopreneurs, contractors, and freelancers
A San Francisco-based fintech start-up, Lettuce Financial, recently announced that it has raised $15 million in a Series A funding round led by Zeev Ventures, a venture capital firm based in California. Lettuce, founded in 2023, offers a tax and accounting automation platform tailored for solopreneurs, contractors, and freelancers. The company’s banking services are provided by TransPecos Banks, ensuring deposits up to $250,000 are FDIC-insured.
Previously, Lettuce secured a $6 million seed round in March, also led by Zeev Ventures, to invest in product innovation, AI research, and expand their Solopreneur Accelerator program. The latest funding will be used to drive accelerated growth, innovation, and product development. Lettuce recently launched LettuceHead AI, a chatbot designed to address tax and accounting inquiries for solopreneurs.
Ran Harpaz, founder and CEO of Lettuce, aims to democratize the world of taxes and accounting for solopreneurs, providing guidance to manage businesses’ finances effectively. With a focus on tailored accounting strategies, Lettuce aims to put at least $50 billion back into business growth by assisting solopreneurs in navigating the tax system effectively.
Overall, Lettuce Financial’s recent funding round and focus on innovation in tax and accounting automation for solopreneurs highlight their commitment to supporting the financial needs of independent contractors and small business owners in the evolving fintech landscape.
