Mosaic, a San Diego, CA-based strategic finance platform, raised $25m in Series B financing.
The round, which brings total funding raised to date to $46m, was led by Founders Fund, with participation from existing investors General Catalyst, XYZ Venture Capital, Fifth Down Capital, and Friends & Family Capital.
The company intends to use the funds to further expand product development and go to market teams to add depth and flexibility to its suite of financial products.
Led by Bijan Moallemi, CEO and Co-founder, and Joseph Garafalo, COO and Co-founder, Mosaic provides a strategic finance platform that delivers real-time analytics and dynamic planning features for finance teams to collaborate with department heads, enabling companies to surface profit drivers and grow fast. It offers a variety of dynamic modeling components helping CFOs better predict future performance focused on Headcount Planning, Income Statement Planning, Cash Flow Forecasting, and Revenue modeling. These intelligent building blocks enable leaders to create plans, model scenarios, and compare performance to plan in a few clicks– all leveraging a heavy dose of automation, and predictive insights.
Over the last year, the company has focused on building out features for core components of its strategic finance platform centered around data integration, real-time analytics, and agile planning. Its Analysis Canvas is part dashboard, part document, providing teams a space for building collaborative flash reports with hundreds of out-of-the-box metrics, accelerating critical decision making.
The company has served high-growth companies like Pipe, Kandji, Drata, Fivetran, Sourcegraph, and Crossbeam.
FinSMEs
30/03/2022