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Vareto

Vareto

Collaborative platform for finance teams

About

Vareto provides a collaborative platform designed for finance teams and business stakeholders to enhance decision-making processes. The platform connects with existing systems like ERP, HRIS, and CRM, creating a single source of data where teams can annotate, ask questions, and share insights. This integration helps streamline communication and align all stakeholders on important metrics and context. Unlike many competitors, Vareto emphasizes a service-based model, offering subscription access to its platform along with dedicated support from a Customer Success team, which includes a Customer Growth Manager and a Solutions Engineer. The goal of Vareto is to empower businesses to make informed decisions by providing a comprehensive view of their performance through effective data integration.

Company Stage

Series A

Employees

51-200

Industries

Consulting, Fintech, Financial Services

Total Funding

$28.2M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • Vareto's recent $24 million funding round from GV and Menlo Ventures provides strong financial backing for future growth and innovation.
  • The launch of the Vareto Visionaries community offers finance leaders a unique platform for networking and professional development, enhancing the company's industry influence.
  • Recognition as one of the Top 100 Early-Stage Companies to Work for in 2022 highlights Vareto's positive work environment and potential for attracting top talent.

What critics are saying

  • The competitive landscape in the financial technology market is intense, requiring Vareto to continuously innovate to maintain its edge.
  • Integration with multiple systems like ERP, HRIS, and CRM can pose technical challenges and potential delays in implementation.

What makes Vareto unique

  • Vareto's platform uniquely integrates with existing ERP, HRIS, and CRM systems to provide a unified source of data, unlike competitors who may not offer such comprehensive integration.
  • The launch of Vareto 2.0 as the first multiplayer modeling platform in the enterprise FP&A category sets it apart in terms of collaboration and scalability.
  • Vareto's dedicated Customer Success team, including a Customer Growth Manager and Solutions Engineer, ensures seamless integration and maximizes customer value, a service not always provided by competitors.

Growth & Insights
Headcount

6 month growth

-7%

1 year growth

7%

2 year growth

5%

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