Finicast, a SaaS enterprise collaborative planning platform, has secured $12.8 million in seed funding. The funding round was led by Celesta Capital and will allow Finicast to further develop its collaborative planning platform and expand its go-to-market strategy.
Finicast’s platform empowers organizations of all sizes and industries to optimize their business planning. In today’s dynamic business landscape, efficient tools are essential for adapting to changing business needs and achieving rapid results. Finicast combines the power of traditional planning platforms with the flexibility of modern SaaS tools, enabling companies to adopt multi-dimensional collaborative planning seamlessly.
CEO Daniel Reif highlights the limitations of conventional planning solutions and emphasizes Finicast’s goal of equipping teams with the tools they need for flexible models, seamless collaboration, and scalable data handling. The funding will unlock new pathways for accurate forecasting and planning.
Celesta Capital’s Founding Managing Partner, Michael Marks, recognizes the need for more flexible and easy-to-use planning solutions in today’s business environment. He expresses excitement to support Finicast’s growth in delivering simplicity to the complex planning process.
Finicast’s platform offers the fastest time-to-value, a lower price entry point, fewer onboarding resources, and a more flexible workspace compared to alternative solutions. The platform enables collaboration through task management, direct data input into models, and advanced version control. Leveraging its proprietary PivotFrame data engine technology and intuitive user experience, Finicast empowers businesses to make precise decisions and improve organizational efficiency.
With its headquarters in San Mateo, CA, Finicast serves customers across various industries and company sizes.
About Celesta Capital:
Celesta Capital is a leading venture capital firm specializing in deep technology investments. It leverages synergies between innovation centers in the US, India, and Israel to create globally impactful enterprises. The firm has a track record of building multi-billion-dollar businesses and has funded over 90 technology companies globally.
To learn more about Finicast, visit their website at www.finicast.com.
To learn more about Celesta Capital, visit their website at http://celesta.vc.