Flightpath Finance, a startup which offers a financial planning platform that’s designed to help tech companies, raised $515,000 in seed funding, said Jaakko Piipponen, the company’s Baltimore-based cofounder and CEO.
The fundraising round was led by Active Capital, with participation fromAlamo Angels and angel investors.
The company’s web platform is called the Connected Financial Model. It integrates with a company’s internal financials and other data sources to provide forecasting and tracking of revenue, cash, and expenses. Providing up-to-date info allows companies to track financials against a budget, and allows for response if any issues arise, Piipponen said.
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