Planful Inc. (formerly Host Analytics), a Redwood City, CA-based financial planning and analysis (FP&A) cloud platform provider, raised an equity round of funding of undisclosed amount.
The round was led by Vector Capital, with participation from existing investors StarVest Partners and Monroe Capital.
The company intends to use the funds to expand adoption of its cloud-based FP&A solution.
Led by CEO Grant Halloran, Planful is a financial planning and analysis (FP&A) cloud platform provider. More than 800 customers including Bose, Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe use it for financial planning and budgeting, dynamic operational planning, financial consolidations, reporting, and visual analytics.