What is Puzzle?
Puzzle is a new core accounting solution that helps startups build better companies. You get real-time financial statements for fundraising and taxes, plus insights, metrics (like burn, runway, ARR), FDIC coverage monitoring - all in an intuitive UX.
Problem
Startups struggle with managing their finances efficiently, which includes generating real-time financial statements for crucial needs such as fundraising and taxes. They also face challenges in monitoring financial metrics like burn rate, runway, and Annual Recurring Revenue (ARR), as well as ensuring FDIC coverage. The inefficient financial management and lack of real-time financial insights are the major drawbacks in the old situation.
Solution
Puzzle is a real-time accounting software specifically designed for startups, providing a solution in the form of an intuitive user interface that allows companies to easily manage their finances. Users can generate real-time financial statements for fundraising and taxes, monitor key financial metrics such as burn rate, runway, and ARR, and ensure FDIC coverage. The ability to access real-time financial statements, insights, and metrics in an intuitive UX are core features of this product.
Customers
Startup founders, financial managers, and entrepreneurs who need efficient and real-time financial management tools to support their fundraising, tax preparation, and overall financial insights are the most likely to use this product.
Unique Features
The unique features of Puzzle include generating real-time financial statements, specifically designed for startups' needs, and offering insights and metrics such as burn rate, runway, and ARR. Additionally, the FDIC coverage monitoring is a standout feature.
User Comments
Users comment on the intuitive UX and how it simplifies financial management.
Appreciation for real-time insights that enable better decision-making.
Positive feedback on the specific metrics like burn rate, which is crucial for startups.
Contentment with the ease of generating financial statements for fundraising.
Satisfaction among users regarding the FDIC coverage monitoring aspect.
Traction
Product launched on ProductHunt with numerous upvotes.
Growing user base of startup founders and financial managers.
Positive feedback and testimonials from early adopters.
Continuous updates and feature introductions since launch.
Engaged community and active support.
Market Size
The global accounting software market is expected to reach $19.59 billion by 2026, growing at a CAGR of 8.5% from 2021 to 2026, indicating a significant market for Puzzle.
