StageSeed VC - II | Alive
Last Raised$2.5M | 2 yrs ago
Forecastr is an online platform allowing founders to forecast the cash flow of their companies. It offers software for financial management and analysis, revenue forecasting, expense management, forecast comparison, metric tracking, budgeting, report generation, data visualization, and more. It was founded in 2018 and is based in Louisville, Kentucky.
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Forecastr's Products & Differentiators
Financial Modeling Software
Expert Collections containing Forecastr
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Forecastr is included in 1 Expert Collection, including Fintech.
Latest Forecastr News
Feb 16, 2023
New resource offers finance best practices to HubSpot’s startup community. HubSpot for Startups is an innovative program that allows entrepreneurs to access HubSpot’s advanced marketing tools at deep discounts in the early stages of their business. The popular program also provides valuable resources to help founders succeed in every area of business, from marketing to hiring, as well as finance. Finance is critically important in a startup’s early stages, although many founders lack the financial expertise to successfully navigate this challenge. Online financial modeling company Forecastr is hoping to help startups in the HubSpot community by providing a simple Monthly Playbook that gives founders a clear path to achieve what Forecastr CEO Steven Plappert refers to as “financial hygiene.” According to Plappert, “Finance is a difficult topic for most founders. Sometimes we expect every entrepreneur to be a finance expert, but in reality, most of them are experts in something else, like designing software, importing and exporting, or finding new ways to recycle waste. We’ve found that most founders view finance as something they have to do, not something they want to do.” “It’s not ideal for early-stage startups to set goals or measure performance on an annual or semi-annual basis. Conditions can change really quickly, and you need to have current data to make the best decisions.” “I wrote this Monthly Finance Playbook to help other founders start measuring their financial performance against their goals on a regular basis. It’s not ideal for early-stage startups to set goals or measure performance on an annual or semi-annual basis. Conditions can change really quickly, and you need to have current data to make the best decisions. We help our customers do this by practicing what we call ‘good financial hygiene,’ and following a Monthly Playbook like this is how we do it.” The Playbook features a simple 6-step process founders can complete every month to ensure their business is on track to hit its goals and to respond quickly when an area of the business veers off course. According to Plappert, “This is the exact same process we use internally at Forecastr, and our clients who practice this type of good financial hygiene on a regular basis have seen really impressive results.”
Forecastr Frequently Asked Questions (FAQ)
When was Forecastr founded?
Forecastr was founded in 2018.
Where is Forecastr's headquarters?
Forecastr's headquarters is located at 841 E Washington Street, Louisville.
What is Forecastr's latest funding round?
Forecastr's latest funding round is Seed VC - II.
How much did Forecastr raise?
Forecastr raised a total of $3.34M.
Who are the investors of Forecastr?
Investors of Forecastr include Techstars Ventures, Resolute Ventures, Future Labs Capital, Interlock Capital, Root & Shoot Ventures and 11 more.
Who are Forecastr's competitors?
Competitors of Forecastr include Finmark, ProfitWell, Futrli, Pry Financials, SaaSOptics and 7 more.
What products does Forecastr offer?
Forecastr's products include Financial Modeling Software and 3 more.
Who are Forecastr's customers?
Customers of Forecastr include PrivateAuto.
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