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

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...