Vareto

Vareto

Collaborative financial planning and analysis platform

Overview

Vareto provides a collaborative platform that helps finance teams and business stakeholders work together on a single source of truth. It connects with a company’s existing systems (ERP, HRIS, and CRM) to pull in data from different parts of the business and keep it in one unified place. Users can annotate, ask questions, and add inputs directly on top of the data, making decision-making more efficient and better informed. The product is offered on a subscription basis, and every implementation includes a dedicated Customer Success team with a Customer Growth Manager and a Solutions Engineer to ensure smooth integrations and maximize value. Vareto’s approach centers on aligning all stakeholders around key metrics and business context to improve how decisions are made.

About Vareto

Simplify's Rating
Why Vareto is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

11-50

Company Stage

Series A

Total Funding

$28.2M

Headquarters

Mountain View, California

Founded

2020

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Simplify's Take

What believers are saying

  • Enterprise demand for unified data platforms drives expansion of Vareto's integration-first architecture.
  • Google Ventures and Menlo Ventures backing accelerates Fortune 500 adoption and market credibility.
  • Leadership expansion with VP Engineering, Head of Customer Success signals scaling operations capability.

What critics are saying

  • Anaplan and Workday Adaptive Planning displace Vareto with superior scalability in 6-18 months.
  • Oracle Fusion Cloud EPM locks Oracle customers via native ERP integration and AI forecasting.
  • Series B funding gap risks cash burn exhaustion, forcing downround or shutdown within 12 months.

What makes Vareto unique

  • Vareto 2.0 is first multiplayer modeling platform combining enterprise scalability with finance team usability.
  • Vareto Visionaries community with Oracle, Arm, Salesforce CFOs creates exclusive thought leadership network.
  • Integration-first architecture unifies ERP, HRIS, CRM data in single collaborative planning platform.

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Funding

Total Funding

$28.2M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$24M
Vareto
$30M
Kalshi

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
Bakersfield.com
Apr 16th, 2024
Vareto Introduces First Multiplayer Platform In Enterprise Planning Category

Vareto today announced the launch of the Vareto 2.0 planning and decision-making platform.

Business Wire
Apr 16th, 2024
Vareto Introduces First Multiplayer Platform In Enterprise Planning Category

SUNNYVALE, Calif.--(BUSINESS WIRE)--Vareto today announced the launch of the Vareto 2.0 planning and decision-making platform. A major release, Vareto 2.0 will be the first multiplayer modeling platform in the enterprise FPA category, and the only one able to handle both the data requirements of a large business and the usability requirements of an in-house finance team. In focusing product innovation on collaboration, scalability, and usability, the company’s founders are taking aim at a notable gap in the planning category of solutions. “Legacy solutions lack usability, startup solutions lack scalability, and there are no solutions as committed to collaboration as Vareto,” comments Vareto President and Co-Founder Lalit Singh. “Finance teams want and need to collaborate with business stakeholders on mission-critical cases like continuous sales forecasting, headcount planning, and budget management. But there is too much data complexity, too many low-level support requests, and not enough resources

Business Wire
Feb 1st, 2023
Vareto Launches Its Vareto Visionaries Community; Strengthens Leadership Team With Vp Of Sales Hire To Accelerate Growth

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Vareto, the modern FP&A software platform for strategic finance teams, today launched the new Vareto Visionaries community for finance leaders. Founding members include former Oracle CFO Jeff Epstein, Arm CFO Jason Child, former Salesforce CFO Mark Hawkins, and Klaviyo VP of Treasury and Payroll Stefanie Layne.The Vareto Visionaries community provides established and up-and-coming finance leaders with a private forum to exchange advice with their peers, connect with each other, and attend exclusive in-person and virtual events. Vareto Visionaries offers a place where finance leaders can discuss various topics such as industry trends, building teams, partnering with business leaders, and tried-and-true advice for career growth. Joining the community is by application only, with a screening process designed to maintain the community's standards and engagement among members.“People are at the center of Vareto,” said Kat Orekhova, CEO of Vareto. “We want to bring finance leaders together to have real, meaningful interactions in an authentic community.”“Community is about bringing people together and riding this roller coaster we call ‘a career,’” said Stefanie Layne. “Sometimes you barrel down at hyperspeed with arms joyfully stretched into the air

Vareto
Nov 17th, 2022
Vareto Community Dinner x SF

Vareto partnered with Operators Guild to host a community dinner in San Francisco's re-energized Financial District.

The HR Empire
Sep 22nd, 2022
Vareto hires BJ Ebert as Head of Customer Success

BJ Ebert joins Vareto as Head of Customer Success, alongside Melody Chen as Head of Marketing and Vera DeVera as Head of Community.

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