Forward Looking Statement
Starting Fiscal Year 2024, ReInvestWealth is excited to announce that it is joining The DMZ incubator program. As a company that has always been focused on Accounting AI, this partnership signifies commitment to growth, innovation, and delivering unparalleled value to customers. ReInvestWealth will continue to lead and innovate in the Accounting AI space in 2024.
Financial Highlights
Year-over-year revenue growth of 69.42% in 2023. This despite significant economic slowdown across the small business landscape and further slowdown in startup funding.
ReInvestWealth's internal database continues to grow with over 29 million dollars of transactions analyzed in 2023. Its fine-tuned Accounting AI models are on pace to be trained with over 100 million dollars of transactions in 2024.
ReInvestWealth ended the fiscal year-end September 2023 with 119 active businesses using the platform.
What is The DMZ Incubator Program?
For those unfamiliar, The DMZ is one of the leading business incubators globally, offering start-ups an entry grant, resources, mentorships, and tools needed to grow and succeed in their respective industries. By joining this esteemed incubator program, ReInvestWealth will benefit from vast networking opportunities, top-tier business mentorship, and an environment that fosters innovation.
In conclusion
ReInvestWealth's fiscal year-end for 2023 has been nothing short of impressive. Despite economic challenges and a slowdown in startup funding, the company managed to achieve a remarkable year-over-year revenue growth. This achievement underscores resilience and dedication to providing exceptional value to customers in the Accounting AI space. Moreover, the announcement of the partnership with The DMZ incubator program demonstrates a commitment to continuous innovation. With a growing user-base and ambitious plans for the future, ReInvestWealth is poised for even greater success in the coming year, and the journey promises to be one of continued leadership and innovation in the world of Accounting AI.
