ChartMogul Raises $2.2M to Fuel Growth of Subscription Analytics Platform

News

ChartMogul, the market leader in subscription business analytics, announced an additional $2.2 million in venture funding led by Alven, with participation from existing investors Point Nine Capital and angels.

ChartMogul specializes in subscription analytics software, a fast-growing segment within the broader analytics and business intelligence category. Its solution helps more than 1,000 subscription businesses — ranging from global SaaS companies to monthly gift box subscriptions — centralize and analyze their critical business data to extract decision- informing insights. ChartMogul offers more than 25 integrations to help customers import, enrich, segment and export their data. In September 2017, the company launched its Revenue Recognition product, which helps finance teams automate much of the work needed to comply with new ASC 606 revenue reporting requirements.

 

 

ChartMogul launched its paid product in 2015, and has been growing more than 100% year over year. In July 2017 the company introduced a free tier of its product for early-stage companies with under $10,000 in monthly recurring revenue.

The funds will be used to expand the Berlin-based company’s product and engineering teams and accelerate product development. The company is also exploring location options for its first international office, which will be based in North America, where more than 60% of its customers are located.

 


Share

Alven bolsters leadership team with Bartosz Jakubowski’s promotion to Partner

Bartosz has been a member of the Alven team since 2019, initially joining as Investment Manager and quickly rising through the ranks…

Read

Creative Fabrica raises $61M to expand its digital platform for the global crafting & design market, accelerating through generative AI

Amsterdam-based Creative Fabrica, a social platform for crafters and designers, has raised $61M in growth capital to offer more resources for its community of 4 million creators. The round is led by Alven, joined by LionTree and TriplePoint with continued participation from Peak Capital, Felix Capital and FJ Labs. The funding will be used towards existing and new creator verticals, further build out of the platform’s designer network, expansion of creative generative AI toolset, and growing the team with senior talent globally.

Read

Dataiku Announced a $200 Million Series F funding at a $3.7 billion valuation

Dataiku, the platform for Everyday AI, today announced $200 million in Series F funding led by new investor, Wellington Management, at a $3.7 billion valuation.

Read