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Loop Ledger

Bookkeeping software that small restaurants actually finish setting up

InvestmentLiveSeed roundAustin, TX · Software · Founded 2020 · 14 employeesWebsite
$318,250
from 40 investors · 127% of the $250,000 target
Target $250KMaximum $1.24M
40days left
$250minimum
40 investorsso far
Invest in Loop Ledger

Your money is held in escrow until the round closes. You can cancel until December 23, 2026, 48 hours before the deadline.

Financial summary

Revenue, last fiscal year$640,000
Revenue, year before$212,000
Revenue growth+202%
Net income (loss), last fiscal year−$420,000
Cash on hand$510,000
Total debt$0
Employees14
Raised before this round$1,100,000

A pre-seed SAFE round from angel investors in 2022, including two restaurant group owners.

Financial statements reviewed by an independent accountant (audited if the company has raised under Reg CF before) are required for a round this size. Figures come from the company.

Use of funds

Engineering hires50% · $125,000 at target, $617,500 at maximum
Sales and partnerships30% · $75,000 at target, $370,500 at maximum
Customer support10% · $25,000 at target, $123,500 at maximum
Working capital10% · $25,000 at target, $123,500 at maximum