Next-Gen Receipt Management

Terrapin is a mobile-first app that automates receipt tracking and expense classification for freelancers and small businesses, using rules-based processing and asynchronous integrations like email and digital wallets. Designed for tax efficiency and time savings, it turns financial admin into a touchless, scalable workflow.

Location:

United States

Date:

2024-

Preview

https://tryterrapin.com

Co-founded Terrapin alongside two first-time founders, guiding the business from initial concept through to MVP execution.

Validated the product thesis, built the business model and pitch materials, secured pre-seed capital, led vendor selection, and now lead execution as CEO.

The Challenge

Ken and Will had a high-potential idea: a smarter, more automated way for freelancers and small businesses to manage expenses and unlock tax deductions. But as first-time founders, they needed strategic and operational leadership to move from idea to execution.

My Role

  • Founding Partnership & Concept Validation
    Partnered with Ken and Will to pressure test the core thesis — turning admin chaos into automation through receipts, rules, and classification. Built an initial product concept, GTM thesis, and value prop tailored to freelancers and micro-SMBs.

  • Business Model & Fundraising Infrastructure
    Developed the financial model, identified monetization strategy, and created the full angel pitch deck. Structured SAFE terms, led investor comms, and secured initial commitments.

  • Product & Design Leadership
    Delivered the initial design concept and product architecture — focused on asynchronous processing (email, wallet, photo), ML-as-a-service architecture, and future extensibility (multi-entity, CPA dashboards, RBAC).

  • Build Partner Selection & Vendor Oversight
    Ran a formal RFP process to identify a technical build partner. Negotiated scope, delivery expectations, and ensured platform support for OCR, email parsing, wallet integrations, and rule logic.

  • Operational Execution (CEO)
    Took the reins as CEO to lead the product through execution, investor relations, and go-to-market readiness. Defined internal dashboards, growth metrics, and post-launch roadmap.

Outcome

Terrapin is now in active MVP build with pre-seed capital secured and a high-leverage development partner in place. Positioned as a rules-first, automation-led financial admin product with strong expansion potential into multi-entity workflows, capital marketplaces, and CPA tooling.

Let's work together.

© 2022 - 2025 T Puddifoot Consulting Limited.

Let's work together.

© 2022 - 2025 T Puddifoot Consulting Limited.

Let's work together.

© 2022 - 2025 T Puddifoot Consulting Limited.

Let's work together.

© 2022 - 2025 T Puddifoot Consulting Limited.