Lettuce Financial, a San Francisco, CA-based provider of a comprehensive solution to manage accounting and tax services for solopreneurs, raised $6m in seed funding.
The round was led by Zeev Ventures.
The conpany intends to use the funds to accelerate growth, and product development, and to invest in further AI research.
Led by Ran Harpaz, founder and CEO, Lettuce Financial offers a comprehensive system that empowers solopreneurs to effectively navigate the tax system and implement strategies tailored to their business needs. Using AI and automation, Lettuce:
- Offers proactive tax-saving suggestions and unlocks access to profitability typically available only to corporations through advanced corporate deductions, retirement savings, and tax-efficient business structures.
- Reduces wasted time associated with tax-related and accounting concerns, ensuring solopreneurs avoid overpaying taxes and minimize their exposure to errors, audits, and compliance issues.
- Handles all aspects of a solopreneur’s taxes and accounting, from LLC and S-Corp setup and managing IRS requirements to preparing annual tax forms.
- Streamlines the entire process with a few clicks to eliminate the need for expensive accountants, labor-intensive and time-consuming manual tasks, and last-minute filing rushes.
Lettuce launched its Solopreneur Accelerator program, offering the first 1,000 solopreneurs who join a tailored business assessment to enhance profitability in 2024. This assessment reviews their business structure, retirement planning, healthcare, expenses, tax analysis, and profit-boosting strategies.
FinSMEs
06/03/2024