Lettuce Financial bags $15m in Series A funding from Zeev Ventures

By Gloria Mathias

Lettuce, the automated accounting and tax solution for solopreneurs, has closed a $15 million Series A funding round led by Zeev Ventures.

The funding will fuel accelerated growth, innovation, and product development. The news follows Lettuce’s launch and seed funding announcement in March and a significant product release in June of LettuceHead AI, a free, first-of-its-kind AI chatbot specialized in answering solopreneurs’ tax and accounting questions.

Founded, built, and funded by solopreneurs, Lettuce aims to help solopreneurs succeed financially by providing the tools they need to optimize their business taxes.

“Businesses run by solopreneurs represent more than $200 billion in unmanaged, unpredicted, and unoptimized taxes, and although they are key contributors to the economy, solopreneurs have little guidance on how to approach and manage their business’ accounting and taxes. We are democratizing the world of taxes and accounting for solopreneurs and aim to put at least $50 billion back into business growth by helping them navigate the tax system and implement accounting strategies tailored to their business needs,” said Ran Harpaz, founder and CEO of Lettuce Financial.

As this segment of the workforce continues to grow, so do communities and resources designed to serve their needs better. Since its launch, Lettuce has inked partnerships with industry leaders Upwork, which connects businesses with independent contractors, and NEXT Insurance, a digital insurer providing tailored policies and embedded insurance solutions for small business owners.

“Lettuce addresses a major problem and hurdle for solopreneurs. Their proven track record and positive response from this segment show a deep understanding of both the opportunities and challenges that solopreneurs face,” said Oren Zeev, Founding Partner of Zeev Ventures. “I believe in their vision and am confident that this investment will drive their next phase of growth, enabling Lettuce to serve solopreneurs better and strengthen their market position.”