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About Vareto
Industries
Enterprise Software
Fintech
Company Size
11-50
Company Stage
Series A
Total Funding
$27.4M
Headquarters
Mountain View, California
Founded
2020
Overview
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 with dedicated support, including a Customer Success team that assists with implementation and integration, ensuring users get the most out of the platform. The goal of Vareto is to facilitate more efficient and informed decision-making for businesses by providing a comprehensive view of their performance.
Simplify's Take
What believers are saying
- Growing demand for integrated FP&A solutions enhances Vareto's market potential.
- Rising interest in scalable financial planning tools benefits Vareto's customizable platform.
- Expansion of finance leader communities supports Vareto's Visionaries initiative.
What critics are saying
- Increased competition from established FP&A software players like Anaplan.
- Challenges in scaling to meet larger enterprises' complex data needs.
- Dependence on successful integration with existing systems like ERP and CRM.
What makes Vareto unique
- Vareto offers the first multiplayer modeling platform in the enterprise FP&A category.
- The platform integrates with ERP, HRIS, and CRM for unified data access.
- Vareto Visionaries community connects finance leaders for networking and knowledge sharing.
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Funding
Total Funding
$27.4M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 9%2 year growth
↑ 9%Vareto today announced the launch of the Vareto 2.0 planning and decision-making platform.
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
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 partnered with Operators Guild to host a community dinner in San Francisco's re-energized Financial District.
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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About Vareto
Industries
Enterprise Software
Fintech
Company Size
11-50
Company Stage
Series A
Total Funding
$27.4M
Headquarters
Mountain View, California
Founded
2020
There are no jobs for Vareto right now.
Find jobs on Simplify and start your career today