Cube Raises $30 Million in Series B

by Kay Aloha Villamor in June 20th, 2022

Cube, an NYC-based spreadsheet-native financial planning, and analysis (FP&A) platform raised $30 million in Series B funding. the round, which brings the total amount raised to date to $45 million.

The round was led by Battery Ventures with participation from existing investors Mayfield Fund, Bonfire Ventures, and Operator Collective, along with new strategic investor GTMfund. Battery Ventures General Partner, Michael Brown, will join Cube’s Board of Directors.

The company intends to use the funds to invest in hiring and driving go-to-market plans, and accelerate the product development of its spreadsheet-native platform.

Company: Cube Planning Inc.

Raised: $30.0M

Round: Series B

Funding Month: June 2022

Lead Investors: Battery Ventures

Additional Investors: Mayfield Fund, Bonfire Ventures, Operator Collective, GTMfund

Company Website: https://www.cuberm.com/

Software Category:  Financial planning and analysis (FP&A) platform,

About the Company: Led by Christina Ross, CEO & co-founder, Cube is a spreadsheet-native FP&A platform that helps strategic finance teams build multi-scenario plans, track performance, and drive business decisions using the spreadsheets they’ve come to rely on. It integrates FP&A automation and workflows into the tools users live in every day, including Excel and Google Sheets

Source: https://www.finsmes.com/2022/06/cube-closes-30m-series-b-funding.html



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