Jirav, a startup developing financial planning software for businesses, raises $20M
Summary
After years of working for startups, including Limeade and Zephyr Health, Martin Zych came to realize that companies were lacking an automated, cloud-based way to run their books and prop up their financial models. “The breaking point for me came after a company I was working for finally had a large enough budget to spend on a financial planning and analysis (FP&A) solution. Jirav offers a library of prebuilt FP&A solutions for specific industries, including financial models, KPIs, reports and dashboards. The funding, which brings Jirav’s total raised to $33 million, will be put toward product development, customer acquisition and talent recruitment, Zych said. Once companies connect their accounting, workforce and operational data to the platform, they can create budgets and scenario plans to analyze changes in their business.