Stratify Raises $4.9 Million to Deliver Intelligent and Automated Budgeting Tools to Strategic Finance
Summary
SEATTLE--(BUSINESS WIRE)--Stratify, a venture-backed start-up focused on bringing a collaborative and connected approach to strategic finance, today announced it has closed a $4.9 million Series Seed investment to transform financial planning and analysis by tackling one of the most important elements of managing any company--the budgeting process. Founded by former Docker CFO, Brian Camposano, Stratify is ushering in a new era of finance tools by providing a real-time and collaborative budgeting and forecasting solution that enables companies to execute a continuous planning model. The Stratify platform provides a single view for key stakeholders to align, plan and monitor actual financial and operational performance relative to budget assumptions. Businesses today have access to mountains of critical operational data that could have immediate impact on revenue and profitability but they are using old solutions that are outdated, expensive to implement, disconnected, and do not support collaborative engagement. “Intelligent applications are the future of enterprise software, and no area is more ripe for this work than the office of the CFO,” commented Steve Singh, managing director, Madrona Venture Group.
Funding
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