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Financial planning and analysis platform for tech SMEs working with multiple data sources.
AustinFounded 2022
FinTech
🟢 Raising seed — $100K target
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Financial planning and analysis platform for tech SMEs working with multiple data sources.
A global payment company manages 30 subsidiaries, each dealing in different currencies.\r\n\r\nChallenge:\r\nConsolidating and standardizing financial data from 20+ currencies and various subsidiaries is complex.\r\n\r\nSolution with Cofi:\r\n\r\nMulti-Currency Handling: Cofi consolidates financials from different currencies into a unified format.\r\nData Standardization: Ensures consistent financial reporting across all subsidiaries.\r\nReal-Time Insights: An immediate, consolidated financial overview of the entire operation is offered.\r\nScalability: Adapts to the growth and changes in each subsidiary's financial processes.\r\nStrategic Decisions: Facilitates informed decision-making with clear financial insights.\r\n\r\nOutcome:\r\nCofi streamlines the company's financial management, providing a comprehensive view for better strategic planning and a strong global financial stance.
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Cofi has built a powerful next generation financial planning and analysis tool that enables lean finance teams to eliminate archaic and time-consuming manual reporting and modeling efforts by seamlessly connecting data-sources and offering a state-of-the art analytics, modeling, and reporting engine. CoFi offers one of the most flexible and easy-to-use options in the market, at competitive prices. CoFi has also gained impressive GTM traction after just 3 quarters in the US market by signing up 10 clients and $70K in ARR, and have an exciting product roadmap looking to develop game-changing AI/ML functionality like an AI copilot, automatic error-correction, and automatic forecasting.
Today, B2B SaaS finance teams are required to work with more data sources than ever before, tighter timelines, and in smaller teams - and Excel cannot keep up! Cofi offers the most flexible and cost-effective option to unlock productivity and creativity in Finance teams.
Alex Irigoyen
founder
Luis Rietti
board
Francisco Espino Romero
founder