Loom

1 in 2 small businesses fail within the first five years. One of the top reasons for failure is making a bad financial decision. Imagine a world in which the most small, unassuming small business can leverage the power of big data and the collective nature of other small businesses to automate their business, delivering more value and time savings so they can spend time doing what they love and make data-driven business decisions to scale and succeed. This is why we built Loom. Loom is rebuilding small business financial data infrastructure from scratch, starting with financial management tools like real-time financials and cash flow forecasts for ecommerce companies. We help companies of all sizes (from recently incorporated to later-stage) to see their financials in one-place, manage inventory, automate expense management, and forecast cash.