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US accounting fintech Jirav raises $20m Series B funding

Seattle-based financial planning and analysis platform Jirav has raised $20 million in a Series B funding round led by Cota Capital. The funding will be used to fuel product development, expand the customer base, attract talent, and leverage artificial intelligence to enhance the platform’s capabilities.

Facts

  • Jirav, a financial planning and analysis platform, has secured $20 million in a Series B funding round led by Cota Capital.
  • Founded in 2015, Jirav offers businesses an all-in-one FP&A solution by connecting financial and operational data for accurate revenue forecasting, workflow expense tracking, and cash flow prediction.
  • The Series B funding round follows Jirav’s Series A round in July 2020, which was led by Information Venture Partners, with participation from Seven Peaks Ventures, NextWorld Capital, and angel investors.
  • Jirav plans to use the funding to fuel product development, expand its customer base, and attract top talent to the team.
  • The company also intends to leverage artificial intelligence (AI) to strengthen its platform capabilities and provide future-facing insights and enhanced reporting.
  • Jirav’s platform aims to help companies optimize resources, make informed decisions, and streamline operations efficiently.
  • Jirav’s funding round signifies the continued growth and interest in fintech solutions that enable businesses to gain insights and predictions about their financial performance.

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