Lettuce, a FinTech platform dedicated to empowering independent professionals, has raised $28m in new funding led by existing investor Zeev Ventures.
Alongside the funding, the company has also announced its acquisition of benefits access startup Besolo, strengthening its position in serving the fast-growing solo workforce.
Founded with the belief that “the future of work is solo”, Lettuce aims to address the needs of freelancers and self-employed professionals who are often underserved by traditional financial systems. Nearly half of the U.S. workforce is expected to freelance by 2027, yet many continue to face barriers when it comes to essential benefits such as tax management, retirement plans, and healthcare coverage.
The newly secured funding will be used to accelerate the development of Lettuce’s AI-powered solo operating system. This platform is designed to act as an intelligent financial companion, simplifying complex processes like payroll, tax filing, expense management, and banking for solo entrepreneurs.
The company plans to roll out advanced automation, new features, and enhanced financial guidance, including tools to support retirement planning through Solo 401(k) and SEP IRA options.
Lettuce also intends to use the funds to upgrade its proprietary LettuceHead AI, introducing a new conversational voice interface to make financial management even more intuitive for users.
Through the acquisition of Besolo, Lettuce will expand its offerings into healthcare benefits. By integrating Besolo’s services, Lettuce will enable self-employed individuals to access quality health, dental, vision, and life insurance options, helping to close the coverage gap that leaves millions without adequate protection. Besolo’s founders will join Lettuce to lead its healthcare initiative, ensuring continuity in service and a personalised approach.
Lettuce CEO Ran Harpaz said, “Our integrated technology stack gives businesses-of-one the same level of benefits awarded to companies with many employees, so solopreneurs can focus on growth strategy rather than administrative complexity.”
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