Mosaic offers a real-time planning and analytics platform that centralizes operational data across an organization and provides dashboards, modeling and visualization tools tailored to FP&A use cases. The product is designed to reduce reliance on IT for implementation and maintenance, allowing business users to generate and share insights without heavy engineering resources. Customers cited include Emerge, Sourcegraph and Drata. Mosaic reports that its business has tripled each year since founding in 2019, its burn rate is steadily decreasing, and it employs 80 full-time employees. The company was co-founded by Bijan Moallemi, Joe Garafalo and Brian Campbell, who met while building Palantir's finance team. Near-term plans include expanding the platform's AI capabilities and adding planning and analysis features, building on tools such as its recently launched Metric Builder for custom financial metrics. Mosaic was founded in 2019 by Palantir alums Bijan Moallemi, Joe Garafalo and Brian Campbell and is based in San Diego. The company offers a strategic finance platform that ingests data from ERPs, HRISs, CRMs and other systems to give CFOs planning and forecasting tools with greater speed and accuracy. Mosaic aims to shift CFO time from manual data work to more strategic analysis and to open dashboards and forecasts more broadly across companies. Its business model is typical SaaS; it does not currently charge per user but that may change. Over the past two years Mosaic says it has grown its customer base 3.5x and names customers including Pipe, Kandji, Drata, Fivetran, Sourcegraph and Crossbeam; ARR grew 4x over the past year. The company has expanded headcount to about 100 employees, up from about 30 a year earlier, and plans to invest the new capital in product R&D and go-to-market to reach more and larger customers. Mosaic builds a strategic finance platform that ingests data from ERPs, HRISs, CRMs and other systems to provide CFOs with forecasting, reporting and planning tools. The product centralizes disparate finance data to enable faster, more accurate projections and to open dashboards and forecasts more widely across organizations. Mosaic emphasizes quick onboarding, minimal upkeep, and broad distribution across the company so finance becomes more collaborative and visible outside the CFO office. Its target customers are Series B and C-funded companies, and the company said it has grown to 30 employees and generates revenues in the seven figures without a formal sales organization. The founders—Bijan Moallemi, Brian Campbell and Joe Garafalo—previously worked together on Palantir’s finance team and founded Mosaic in April 2019. The company has also formed an advisory board that includes current or former CFOs from companies such as Palantir, Dropbox and Shopify.

Total raised

$70M

Funding rounds

3

Latest round

Series C

Latest activity

Jun 2023