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Cashforce - About the company

Cashforce is an acqui-hired company based in Herentals (Belgium), founded in 2012. It operates as a Cash management & forecasting platform. Cashforce has raised $11.3M in funding from investors like Volta Ventures, Inkef and Citi Ventures. The company has 181 active competitors, including 26 funded and 13 that have exited. Its top competitors include companies like Centage, XLerant and Board.

Company Details

Cashforce enables CFOs of medium-sized global companies to generate a detailed & accurate cash forecast. It integrates with existing ERP systems and generate forecasting models for incoming and outgoing cash flows by combining imported bank balances, real-time data from your ERP, as well as recurring cash flows (e.g. leasing costs, insurance costs, loans, salaries) managed inside the platform. Its platform accelerates the cash flow improvement by processing data from banking systems & ERP systems (SAP, NAV, Dynamics, Sage etc.) as well as managing recurring cash flows (e.g. salaries, loans, leasings). CFOs at international mid-size companies and large corporates, can obtain full transparency in their cash flows (cross-entity, cross-bank account, cross-currency)
Social
X
Registered Address
UNITED STATES
Key Metrics
Founded Year
2012
Location
Herentals, Belgium
Stage
Acqui-Hired
Total Funding
$11.3M in 4 rounds
Latest Funding Round
Ranked
Annual Revenue
€1M - €10M as on Dec 31, 2018
Employee Count
10 - 49 as on Mar 01, 2026
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Cashforce's funding and investors

Cashforce has raised a total funding of $11.3M over 4 rounds. Its first funding round was on Jun 2015. Its latest funding round was a Series A round on Oct 15, 2019 for $*****. 4 investors participated in its latest round. Cashforce has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Cashforce:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 15, 2019
9247486
Series A
3836795
6020452
5700582
6443824
Feb 08, 2018
5927163
Series A
1618759
9437204
9711803
5956754
Jan 13, 2016
8623249
Series A
7907681
5347273
9961654
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Cashforce's founders and board of directors

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Cashforce's employee count trend

Cashforce has 10 - 49 employees as of Mar 26. Here is Cashforce's employee count trend over the years:
Employee count trend for Cashforce
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Cashforce's Competitors and alternates

Top competitors of Cashforce include Centage, XLerant and Board. Here is the list of Top 10 competitors of Cashforce, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Centage
Centage
2002, Natick (United States), Acquired
Financial planning software for people-powered organizations, budgeting, forecasting, and reporting
$24.3M
59/100
2nd
Logo for XLerant
XLerant
2008, Stamford (United States), Acquired
Provider of cloud-based budgeting, forecasting and reporting solutions.
$8.24M
58/100
3rd
Logo for Board
Board
1994, Chiasso (Switzerland), Acquired
Cloud-based financial planning and analysis and budgeting solutions for enterprises
$23.8M
57/100
4th
Logo for Clockwork
Clockwork
2018, Chicago (United States), Seed
AI & cloud-based cash flow management solutions for small businesses
$2M
52/100
5th
Logo for Diggle
Diggle
2016, Tokyo (Japan), Series B
Online budget management software
$16.6M
47/100
6th
Logo for SmartProperty
SmartProperty
2016, San Diego (United States), Seed
Provider of capital planning solutions for businesses
$150K
46/100
7th
Logo for FazerOr
FazerOr
2018, Sao Paulo (Brazil), Unfunded
App-based budget management solutions for self-employed and micro-entrepreneurs
-
-
46/100
8th
Logo for FUTRLI
FUTRLI
2014, Brighton (United Kingdom), Acquired
Cloud-based cash flow forecasting and budgeting solution for businesses
$7.28M
45/100
9th
Logo for Figured
Figured
2014, Auckland (New Zealand), Seed
Cloud-based software for farm planning and accounting management
$2.5M
45/100
10th
Logo for Martus Solutions
Martus Solutions
2007, Greenville (United States), Unfunded
Cloud-based budgeting software for businesses
-
-
45/100
14th
Logo for Cashforce
Cashforce
2012, Herentals (Belgium), Acqui-Hired
Cash management & forecasting platform
$11.3M
41/100
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Cashforce's Investments and acquisitions

Cashforce has made no investments or acquisitions yet.

Reports related to Cashforce

Here is the latest report on Cashforce's sector:

News related to Cashforce

•
Cashforce unveils software platformFinextra•Oct 22, 2020•Cashforce
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