HomeFinTechMosaic: Raises $18.5M in Series A Funding

Mosaic: Raises $18.5M in Series A Funding

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  • 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
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