Finmark - About the company
Finmark is an acquired company based in Raleigh (United States), founded in 2001. It operates as a Cloud-based financial planning and forecasting solutions for businesses. Finmark has raised $11M in funding from investors like Y Combinator, American Express and Bessemer Venture Partners. The company has 198 active competitors, including 30 funded and 16 that have exited. Its top competitors include companies like Emma, Up and Board.
Company Details
Cloud-based financial planning and forecasting solutions for businesses. Its features include cash flow management, budget management, fundraising, financial metrics, revenue forecasting, and more. It also offers report management solutions.
- Website
- finmark.com
Key Metrics
Founded Year
2001
Location
Raleigh, United States
Stage
Acquired
Total Funding
$11M in 3 rounds
Latest Funding Round
Investors
Ranked
16th among 198 active competitors
Employee Count
48 as on May 31, 2026
Exit Details
Acquired by Bill (Nov 03, 2022)
Finmark's acquisition details
Finmark got acquired by Bill on Nov 03, 2022.
Click here to take a look at Finmark's acquisition in detail
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Finmark's funding and investors
Finmark has raised a total funding of $11M over 3 rounds. Its first funding round was on Aug 27, 2020. Its latest funding round was a Seed round on Jan 28, 2022 for $*****. 4 investors participated in its latest round. Finmark has 18 institutional investors.
Here is the list of recent funding rounds of Finmark:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 28, 2022 | 3464877 | Seed | 3639885 | 5372089 | 6410447 | 4487667 |
Oct 28, 2020 | 9061656 | Seed | 8103087 | 3732690 | 8024610 | |
Aug 27, 2020 | 7193693 | Seed | 8971508 | 2595353 | 6405677 |
View details of Finmark's funding rounds and investors
Finmark's founders and board of directors
Founder? Claim ProfileFinmark's employee count trend
Finmark has 48 employees as of May 26. Here is Finmark's employee count trend over the years:
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Finmark's Competitors and alternates
Top competitors of Finmark include Emma, Up and Board. Here is the list of Top 10 competitors of Finmark, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Emma 2017, London (United Kingdom), Seed | App-based platform offering money management tools for individuals | $7.64M | 69/100 | |
2nd | Online platform for automated savings | - | - | 64/100 | |
3rd | Board 1994, Chiasso (Switzerland), Acquired | Cloud-based financial planning and analysis and budgeting solutions for enterprises | $23.8M | 61/100 | |
4th | Centage 2002, Natick (United States), Acquired | Financial planning software for people-powered organizations, budgeting, forecasting, and reporting | $24.3M | 58/100 | |
5th | XLerant 2008, Stamford (United States), Acquired | Provider of cloud-based budgeting, forecasting and reporting solutions. | $8.24M | 58/100 | |
6th | Clockwork 2018, Chicago (United States), Seed | AI & cloud-based cash flow management solutions for small businesses | $2M | 52/100 | |
7th | Online budget management software | $16.6M | 47/100 | ||
8th | SmartProperty 2016, San Diego (United States), Seed | Provider of capital planning solutions for businesses | $150K | 46/100 | |
9th | App-based budget management solutions for self-employed and micro-entrepreneurs | - | - | 46/100 | |
10th | FUTRLI 2014, Brighton (United Kingdom), Acquired | Cloud-based cash flow forecasting and budgeting solution for businesses | $7.28M | 45/100 | |
16th | Finmark 2001, Raleigh (United States), Acquired | Cloud-based financial planning and forecasting solutions for businesses | $11M | 41/100 |
Looking for more details on Finmark's competitors? Click here to see the top ones
Finmark's Investments and acquisitions
Finmark has made no investments or acquisitions yet.
Reports related to Finmark
Here is the latest report on Finmark's sector:
News related to Finmark
•
•
Bill.com to acquire financial planning software firm FinmarkSeeking Alpha•Nov 04, 2022•Bill, Finmark
•
Amex Ventures invests in financial modeling outfit FinmarkFinextra•Jan 28, 2022•American Express, Bessemer Venture Partners, IDEA Fund Partners, Amex Ventures and 5 others
•
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