VC Fund Investments
Financial planning platform for businesses Drivetrain raises $15-M
Drivetrain AI, a financial planning and monitoring platform for growing businesses and enterprises, has raised USD 15 million in a Series A round, which saw participation from Elevation Capital, Jungle Ventures, and VH Capital. About 25 angel investors, advisors, founders, and C-Suite executives at technology companies also contributed to the funding round. Angel investing in the round include Akshay Kothari (Notion), former Google executive Amit Singhal, Khadim Batti and Amit Sharma (co-founders of Whatfix), Krish Subramanian and Karthik Srinivasan (co-founders of Chargebee), and Kushal Nahata (founder of FarEye). The Software-as-a-Service (SaaS) platform helps finance teams build integrated business plans, budgets, and forecasts, and tracks the progress against targets. The cloud-based SaaS platform can integrate data from over 200 commonly used business tools, including Salesforce, Netsuite, Quickbooks, Workday, and Looker, across CRM, ERP, and HRMS functions. The funds will be used to expand its go-to-market team and for product development.
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