Futrli the integrated forecasting & reporting platform raises big
by Startacus Admin
Futrli, a fast-growing cloud-based, integrated forecasting & business reporting platform, announces a successful £4m Series A funding raise from leading venture capital firms e.ventures, Notion Capital and firstminute Capital to fuel aggressive growth and innovation.
Founded in 2014, the previously bootstrapped Futrli, supports over 40,000 businesses and 1,000 accountants in 130 countries through their 100% cloud-based platform 
that helps small businesses make decisions and take actions that lead to success. Through a powerful suite of reporting, budgeting, cash flow forecasting and predictive modelling tools, SMEs can plan for the future, get a grip on cash flow and see how their business is performing in real time. For accountants working with SMEs, Futrli’s CPD-accredited Advisory Certification course helps them achieve their advisory potential.
With no external funding to date, the SaaS & fintech startup Futrli already supports over 40,000 businesses and 1,100 accountants in 130 countries and is on a quest to move the needle on the small business economy, which spans over 130 million small businesses globally. The four-year-old business led by leading female entrepreneur in the SaaS space, Hannah Dawson uses artificial intelligence and machine learning to produce actionable insights that drastically improve decision making and success rates in small businesses.
Futrli was born from my own typical experience as a small business owner. I needed a way to run my business that looked to the future, as making decisions is hard and full of risk when you haven’t got all of the information in one place,” says Hannah Dawson, Futrli’s CEO and Founder.
“At Futrli our sole purpose is to change how small businesses’ teams make decisions so they get it right. This investment will be used to drive further innovation within the platform to continue to revolutionise how small business teams work. We are also expanding our team in our core markets and will be opening in new locations within the next few months, which is hugely exciting,” continued Dawson.
Jos White, General Partner at Notion said: “We’re very excited about Futrli’s vision. They have already built a fantastic bootstrapped business led by the dynamic Hannah Dawson, and we are very eager to see where the business can go with this injection of funding.
Christian Miele, Partner at e.ventures added: “Hannah Dawson and her team tapped into a niche that will change the direction of decision making forever. Most accounting software today dwells into historic data points whereas Futrli unlocks the power of the future to help SMEs make better decisions.”
Interested in Fintech? You might also want to read:
iLabX by Volvo Financial Services hunts tech startups to drive new thinking
Fintech startup Nebeus aims to bring borderless banking to 2 billion
P2P investment aggregator Orca raises £500k in two days
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals
The accolade this week goes to MyPlasticDiary, an innovative app which will enable you to track, understand and reduce your plastic footprint
The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers
The lowdown on the Japanese robotics startup that has created Qoboo, a therapeutic robot in the form of a cushion with a tail
The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning
10 startups solving challenges the aerospace sector faces are selected for the latest ATI Boeing Accelerator. We took a look at the cohort
Whether you're recruiting for a small tech startup or a large well-established organisation, these tips will help you stay on top of your game
The lowdown on the innovative EdTech app Tappity that's on a mission to help kids learn about science in a way they'll actually enjoy...
AlphaBeats is a startup that's created an innovative way to help us all us fight stress while we unwind listening to our favourite music
Major seed investment secured by the innovative Insurtech startup Nayms to assist with developing further pilot programs and building its customer base
Published on: 23rd October 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Where are the UK’s most ambitious people in 2021? 21st Jan 2021 New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals
- No-Code Chatbot Builder Landbot Secures $8M Series A 20th Jan 2021 The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers
- Supporting disadvantaged children with their online learning 19th Jan 2021 The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning
- Insurtech startup, Nayms Closes £1.5m seed round 15th Jan 2021 Major seed investment secured by the innovative Insurtech startup Nayms to assist with developing further pilot programs and building its customer base
