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Vareto Comes Out Of Stealth, Raising $24M In Funding From Gv And Menlo Ventures

Vareto Comes Out Of Stealth, Raising $24M In Funding From Gv And Menlo Ventures

10/01/21, 3:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmountain view
Money raised
$24 million
Vareto, the strategic finance platform, today announced its emergence from stealth with $24 million in total funding. GV (formerly Google Ventures) led the Series A, with participation from existing investor Menlo Ventures, who led the seed round. Additional angel investors include unicorn founders and chief financial officers at top technology companies. The funding will be used to expand the hiring of its product and engineering teams in order to accelerate platform development.

Company Info

Company
Vareto
Location
mountain view, california, united states
Additional Info
Vareto is a strategic finance platform that powers company planning, reporting, and operational decision-making with onboarding in days, not months. Built for enterprise and growth stage companies alike, Vareto is the secure platform that teams want to work in due to its familiar interface and powerful reports and models. Backed by GV (formerly Google Ventures), Menlo Ventures, and 40 angel investors including chief financial officers from some of the world’s leading technology companies. Vareto is hiring team members across job roles. To learn more, visit www.vareto.com. 1. SAP: FP&A Empowerment Survey (2019) 2. Constellation Research: Modern Planning Platforms Drive Business Agility and Better Outcomes (2021)