Puzzle 🧩🚀

It's out! Puzzle 🧩🚀 raises an additional $30M led by S32, XYZ Venture Capital, and General Catalyst to power a new era of AI-powered generative accounting. As our mission is to help startups build better businesses, we also added a powerful network of notable early-stage investors to the round: - FOG Ventures: 1,000+ network of venture-backed CFOs & Operators - Born Capital: VC fund focused on the office of #CFO - Gaingels: Largest early-stage angel investor network - Soma Capital: Prolific & successful early-stage fund - Alumni Ventures: Active investor in next-gen founders. - Continued support from Felicis, Sterling Road, Kapor Capital, and the many experienced founders and operators who have been our biggest supporters. The funding comes as the #accounting industry stands at a crossroads. Legacy accounting software was not designed for startups: 1. Outdated tools and stagnating wages led to accountant exodus. 2. GAAP not useful for evaluating startups. 3. Static data couldn't provide real-time insights. Unlike other players that simply bolt on AI to existing software, Puzzle completely rebuilt the core general ledger from scratch to be smarter, faster, and fit the needs of modern businesses. How? 1. Puzzle integrates with essential #fintech tools that complete their startup's stack. 2. Puzzle uses #AI to make accounting intelligent, fast, and fit digital needs. 3. Real-time automated reports empower #founders with financial insights. Learn more: https://lnkd.in/eipc_FgR

No more gate keeping! Say goodbye to sharing logins or waiting for the weekly team sync to get insights. Add your teammates with a click of a button 👇

Haven't checked out our new dashboard yet? Here’s our resident product marketing expert Kevin to give you a quick tour 👇

Had a blast last night at the top of Smith Tower with our newest Seattle Tech friends! Couldn't have done it without the help of our awesome partners: YoungTech Seattle, Madrona, Databricks, & Stifel Bank! #SeattleTechWeek

XYZ Venture Capital just announced our fourth fund, and we got to tell a bit more of our story to Alex Konrad at Forbes. Including the addition of two new partners Art Clarke & Camille Ricketts. It's a big day here! 🎉 https://lnkd.in/gnKcgE82 It's been a good opportunity to look back at what's made us different and helped us meet folks at companies like Anduril Industries, Chapter, Apex - Spacecraft Manufacturing, Newfront, Cape, Puzzle 🧩🚀, Peregrine, Promise, and so many more super early. Here's what we kept coming back to: 1) We've been able to make a name for ourselves in the public sector by seeing it through a novel lens. We've invested in a combination of both defense tech and modern social services that make it easier and more delightful for citizens to get their needs met by government. Both are all about helping our country and others build safer, stabler, healthier, and happier societies. And that's the goal that keeps us all going around the clock 🕰️ 2) It's a theme that also shapes how we invest in enterprise, fintech, climate, and more. But we also know where we can add the most value. And as a team, our goal is always to help founders succeed at the one thing we know best: venture and how to win in a landscape that's constantly in flux. That's the promise we make to every portfolio company. And it's something this team is eager to share more about as we get used to being a bit louder around here :) Along the way, we'd love to hear from you. Never hesitate to DM us with questions, ideas, and people we should meet. Thank you to everyone who has supported us to get to this moment! 🙏 #venture #fundraise #publicsector

Cash on hand, monthly burn, runway... These numbers don't have to be hidden away in an old excel sheet saved on your desktop. We just rebuilt our entire dashboard so you never have to play "search and find" ever again. Here's what's new: 1️⃣ Cash: Track your available funds with a new trend chart for at-a-glance cash flow visibility. 2️⃣ Net Burn: Visualize your spending rate over time, helping you make informed decisions about resource allocation. 3️⃣ Runway: See how long your cash will last with our new predictive chart, essential for strategic planning. 4️⃣ Revenue: Monitor your income trends with an intuitive graph, perfect for tracking growth and setting goals. 5️⃣ Spend: Gain deeper insights into your expenses, now with a dedicated breakdown of salary costs - often the largest expense for startups. These new cards are designed to be your financial command center. Check out how it all works together at the link in the comments 👇

The cost of high burn is not just the burn rate. It's the missed opportunities your company can't afford. Having enough runway to make the next key hire or survive another month could be all it takes to hit escape velocity. The best founders track their burn religiously. It's exactly why we put Net Burn at the top of the newly redesigned Puzzle dashboard 👇

This is BIG: Today, marks the launch of the next generation of the Puzzle Dashboard. We focus on surfacing relevant data so founders can make better decisions every day. The new dashboard reflects that focus, reimagined to pack more information into the same space without overwhelming founders. So, what's new? 📈 More Charts: Trends for days. Each metric card now includes a time series chart to track changes in money movement as your business grows. 🔍 Deeper insights: More data at a glance. Current month projections are plainly differentiated, and the Spend breakdown distinguishes salaries so you can track your largest expense. 🪩 Modern Design: It's even sleeker than before. With more insights in the same place, we've incorporated a minimalist design that's easy to navigate and understand. We're really excited for you to check it out and gain more insights about your growing startup every day. Read more about the new Puzzle Dashboard on our blog: https://buff.ly/3LE7B4E

There are 3 routine answers to our "Why us?" question during onboarding: 1. Daily drafted financials 2. A native Stripe integration 3. AI-powered automations It's starting to make sense why so many high growth companies are using Puzzle 🚀

One of the earliest decisions we made while building Puzzle was to make sure that data privacy is at the core of every feature. Puzzle users are always in control. They can delete their financial data at any time. Privacy, security, and compliance are our #1 priority.