He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

He owned 3 franchises of the Estonian based ride sharing company Bolt which he sold. Using that money, he starting building Binderr in 2020 and just landed his first customer in March 2023. He still owns 50% of the company and as invested over $2m of his own money. Can he hit $1m in ARR this year building a better Quickbooks for Accountants in Malta?