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Reaching for the Stars: Jirav Secures $20M in Series B Funding. What's in it for You?

July 11, 2023

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You can find the original post here:
https://www.jirav.com/blog/series-b

It’s an exciting day at Jirav.  Today we’re officially announcing that we have raised $20 million in our Series B funding round led by Cota Capital and powered by many of our ongoing investors. Jirav has experienced record growth over the past few quarters, with hundreds of new companies joining our platform every month. This positive momentum affirms the value and trust our customers place in us. Thank you!

This new round of funding will enable us to continue revolutionizing financial planning and analysis (FP&A) for accounting and finance teams around the world, building resilience in challenging economic conditions. To propel our customers and Jirav forward, we will focus on fueling product development, expanding our customer base, and attracting exceptional talent to join our team.  

Fueling Growth and Product Development

Our goal has always been to make FP&A delightful, easy, and fast for finance professionals. The Series B funding will act as a catalyst for Jirav's growth trajectory, enabling us to further accelerate product development and innovation. Companies need robust FP&A tools both in a hot market as well as a down economy. In fact, they may need them even more to navigate uncertainties and optimize resources. With this funding, we are further strengthening our platform's capabilities to make it blazing fast, leverage artificial intelligence (AI) to deliver future-facing insights, add capacity-building features, and enhanced reporting. These will empower companies to optimize resources, make informed decisions, and streamline their operations efficiently.

Building an unparalleled customer community

We are determined to bring the benefits of Jirav to more customers worldwide. We will accelerate our customer acquisition efforts, reaching out to businesses that can truly benefit from our comprehensive FP&A solution. By expanding our customer base, we create a thriving community that can share best practices, industry insights, and success stories, further enhancing the value Jirav brings to finance teams and to accounting firms who are scaling their FP&A advisory offerings.

Investing in long term success

Our customers are at the heart of everything we do at Jirav and exceptional team members ensure our customers are getting a product and services that drive their success. We are going to continue investing in hiring top talent that will develop innovative products, enable seamless integrations and deliver exceptional customer experiences.

The $20M Series B funding is a testament to Jirav's commitment and success in transforming the FP&A landscape and empowering finance professionals and accounting firms. With this funding, we will continue to grow as the finance professional's productivity partner, enabling them to achieve more with less time and make data-driven judgment calls.

Thanks for coming along for the ride.

- Martin

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