Over 90% of startups fail within the first five years, often due to poor management of legal, financial, operational complexities, or of course lack of product market fit.
Enter Lazo, an augmented intelligence platform designed to simplify the critical aspects of startup management.
What is Lazo?
Juan Manuel Barrero, the founder of Lazo, noticed that founders often juggle various tools and experts in silos, leading to inefficiencies and mistakes.
Lazo addresses this by integrating multiple aspects of startup management—capital management, payroll, bookkeeping, and legal documents—into a single, cohesive platform and has evolved with the integration of Generative AI, allowing for seamless data connectivity.
For instance, when a legal document is uploaded, its impact is automatically reflected in the cap table, data room, and bookkeeping, eliminating the need for duplicate entries.
Lazo’s Inception Story
Barrero grew up in a small town in Argentina where his father was a CPA, who introduced him to the world of finance at an early age.
His passion for finance was further fueled by his experiences working in his father's CPA office during the summers. A pivotal moment in his life was his year as an exchange student in Wisconsin, which he describes as a "break-even point" that significantly changed his mindset and aspirations.