How Much Did Cube Software Raise?
Funding & Key Investors

Cube Software has successfully secured a major strategic investment, bringing its total capital accumulation to $50M. This latest infusion of $30M underscores the market's confidence in the company's unique approach to financial planning and analysis (FP&A). By bridging the gap between legacy spreadsheet workflows and modern enterprise performance management, Cube Software continues to solidify its position as a critical infrastructure provider for high-growth finance teams.

The company's trajectory, marked by consistent backing from top-tier venture firms, reflects a clear evolution from its early-stage development to its current status as a scaling enterprise solution. This capital injection will likely accelerate the deployment of its AI-driven analytical tools and expand its footprint across diverse sectors including manufacturing, retail, and SaaS.

What is Cube Software?

Cube Software
SoftwareFinancial Software

Cube Software is a New York-based technology firm that provides a spreadsheet-native FP&A platform. Founded in 2018, the company addresses the inherent inefficiencies of manual financial reporting by integrating existing spreadsheet workflows with a centralized, secure data hub. Its platform enables finance departments to maintain the flexibility of Excel and Google Sheets while gaining the control, auditability, and scalability required by modern enterprise environments.

The platform's core value proposition lies in its ability to automate complex budgeting, forecasting, and variance analysis tasks. With features like the AI Analyst—accessible via Slack and Microsoft Teams—Cube Software empowers strategic finance teams to generate real-time insights and predictive models without abandoning the tools they use daily. The company is SOC 2 Type II certified and GDPR-compliant, ensuring it meets the rigorous security standards demanded by mid-market and enterprise-level clients.

How much funding has Cube Software raised?

Cube Software has raised a total of $50M across 4 funding rounds:

2020

Angel/Seed

$5M

Angel/Seed

$5M

2021

Series A

$10M

2022

Series B

$30M

Angel/Seed (2020): $5M with participation from Brett Queener, Operator Collective, Alumni Ventures, Clocktower Technology Ventures, and Techstars

Angel/Seed (2020): $5M led by Alumni Ventures, Brett Queener, Operator Collective, Clocktower Technology Ventures, and Techstars

Series A (2021): $10M supported by Bonfire Ventures, Operator Collective, and Mayfield

Series B (2022): $30M featuring GTMfund, Mayfield, Battery Ventures, Bonfire Ventures, and Operator Collective

Key Investors in Cube Software

Battery Ventures

A global, technology-focused investment firm that partners with exceptional founders to build category-defining businesses in software, enterprise infrastructure, and industrial technology.

Mayfield

A Menlo Park-based venture capital firm that specializes in early-stage investments, providing strategic support to founders from the seed stage through to exit.

Bonfire Ventures

A lead investor focused on ambitious B2B software startups, known for its hands-on, founder-led investment philosophy and support during the transition from seed to growth stages.

What's next for Cube Software?

With this major strategic investment, Cube Software is positioned to deepen its product moat through enhanced generative AI capabilities and broader system integrations. The company's focus on maintaining a 'spreadsheet-native' user experience while providing enterprise-grade performance management creates a distinct competitive advantage in the crowded financial technology landscape.

Looking ahead, the firm is expected to prioritize scaling its go-to-market operations and expanding its reach into global markets. By leveraging its centralized data architecture, Cube Software is well-equipped to address the increasing demand for real-time financial visibility and multi-scenario planning in an era of economic volatility. The continued support from its investor base suggests a long-term commitment to establishing Cube as the standard for modern, agile financial operations.

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Frequently Asked Questions Regarding Cube Software Financial Insights

What are the most recent funding rounds that Cube Software has completed, and what were the funding rounds?
Cube Software has recently completed 3 funding rounds: Series B on Jun 15, 2022, Series A on Mar 9, 2021, Angel/Seed on Aug 14, 2020.
What is the total amount of funding Cube Software has raised to date?
Cube Software has raised a total of $50M in funding to date.
How many funding rounds has Cube Software completed?
Cube Software has completed 3 funding rounds.
How much funding did Cube Software raise in its most recent funding round?
Cube Software raised $30M in its most recent funding round.
Who are the lead investors in Cube Software's latest funding round?
The lead investor in Cube Software's latest funding round was GTMfund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cube Software's history?
The largest funding round in Cube Software's history was $30M.
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