KPI Sense, a Chicago, IL-based strategic finance platform for SaaS companies, raised $1.1m in seed funding.
The round was led by Network Ventures, with strategic participation by Goldin Ventures and other angel investors.
The company intends to use the funds to build out its engineering and product teams for product development and launch its platform.
Led by Will Cordes, Founder and CEO, KPI Sense provides a finance-as-a-service hybrid software and managed services platform for SaaS CFOs, finance teams, founders, and CEOs.
Its proprietary model brings together accounting, billing, and customer data and transforms it into an enterprise-grade, technology-agnostic reporting platform that helps SaaS businesses identify customer trends, make key business decisions, prepare for board meetings, seek funding, and more.
The company currently employs 15 people and plans to double its headcount by year-end.