Planful provides a cloud-based financial planning and analysis (FP&A) platform for financial planning and budgeting, dynamic operational planning, financial consolidations, reporting, and visual analytics. Led by CEO Grant Halloran, the company serves more than 800 customers, including Bose, the Boston Red Sox, Del Monte, TGI Friday's, and 23andMe. The company raised an equity round of undisclosed size led by Vector Capital, with participation from existing investors StarVest Partners and Monroe Capital. Planful said it intends to use the funds to expand adoption of its cloud-based FP&A solution. The company is headquartered in Redwood City, California. Host Analytics provides a cloud-based enterprise performance management (EPM) platform featuring financial applications for planning, consolidation, reporting, and analytics. Led by CEO Dave Kellogg and based in Redwood City, California, the company serves customers in over 80 countries. Its platform is used by companies such as NEC, Burlington Coat Factory, and Sanmina. The company completed a $25M venture capital financing round and has raised $80M across five rounds. Host Analytics plans to use the new capital to fund organic growth in the United States, support new product initiatives in operational planning, and drive international expansion. Host Analytics offers cloud-based enterprise performance management software aimed at finance and accounting professionals, with an Excel-style web interface for reporting, planning, budgeting, consolidation and analytics. The product is designed for use without IT dependency, installation, maintenance fees or consulting costs. Customers can perform top-down and bottom-up planning and reconcile multiple spreadsheets to iterate financial plans, as illustrated by Wente Vineyards' use case. The company competes with large incumbents such as Oracle, SAP and IBM, but has built a loyal following. Host Analytics plans to expand its enterprise performance management technology using the newly raised funds. Its current financing history shows cumulative investment to date, reflecting investor confidence in its market approach. Host Analytics builds performance management software that helps finance executives with planning and budgeting, scorecarding, and financial consolidation and reporting. Founded in 2000, the company serves 105 SaaS companies and reports 9,000 active users. Its platform is designed to help finance leaders develop strategy from core financial processes. The company faces competition from hosted and enterprise platforms including Oracle, SAP, IBM, and the SaaS provider Adaptive Planning. Host Analytics says the new funding will be used for product development and to expand sales and marketing efforts. Following the latest round, total funding stands at nearly $30 million.

Total raised

$57M

Funding rounds

4

Latest round

Equity

Latest activity

Nov 2014