Mosaic: Raises $18.5M in Series A Funding

  • Mosaic, a San Diego, CA-based company building a strategic finance platform, raised $18.5M in Series A funding.
  • The round, which brings total funding to $21M, was led by General Catalyst with participation from Felicis Ventures, Village Global, and XYZ Ventures
  • The company also intends to use the funds to accelerate its product development and grow its team across multiple departments
  • Mosaic has developed a software platform that allows CFOs and business leaders to understand the financial health of their business, optimize growth and plan for the future
  • The platform integrates with and updates financial data across the tools CFOs are already using
  • It incorporates AI and machine learning to assist in forecasting versions of the future, also enabling people to focus on the strategic elements of their job
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

X to Launch Crypto and Stock Trading, Expanding Investment Options

X's new platform aims to integrate cryptocurrency and stock trading.Highlights: X will launch a new platform for crypto...

UK’s NSI Bank Transformation Programme Faces Major Criticism

The transformation initiative is labeled a full-spectrum disaster by experts.Highlights: NSI Bank's transformation programme has drawn severe criticism.Experts...

Uptiq Secures $25 Million in Funding to Boost Bank AI Solutions

The funding aims to enhance Uptiq’s AI offerings for banking institutions.Highlights: Uptiq raises $25 million for AI enhancements.Funding...

UK’s NS&I Bank Transformation Programme Criticized as Major Disaster

Report reveals significant failures in the digital banking upgrade project.Highlights: NS&I Bank under fire for its transformation programme...