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

SWIFT Strengthens Blockchain-Based Shared Ledger for Real Transactions This Year

The financial messaging service aims to integrate blockchain technology in operations.Highlights: SWIFT plans to launch a blockchain-based shared...

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and enhance user experience.Highlights: Nium unveils a new platform for...

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK customers.Highlights: Wise introduces current accounts to UK market.The new...

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology in banking.Highlights: Lloyds Bank partners with the University of...