How Much Did Cube Software Raise?
Funding & Key Investors

Cube Software has successfully navigated multiple rounds of capital infusion, culminating in a total funding amount of $50M. This trajectory reflects the company's rapid ascent within the financial planning and analysis (FP&A) sector. Most recently, the firm secured a major strategic investment of $30M, signaling strong market confidence in its unique approach to bridging the gap between flexible spreadsheet workflows and robust enterprise performance management systems.

The company's ability to attract high-caliber institutional backing underscores its critical role in modernizing finance operations for high-growth organizations. By maintaining a consistent growth trajectory, Cube Software has effectively transitioned from its initial seed-stage development to a mature enterprise-level entity, positioning itself as a vital infrastructure layer for strategic finance teams globally.

What is Cube Software?

Cube Software
SoftwareFinancial Software

Cube Software is a pioneering financial planning and analysis platform that addresses the inherent inefficiencies of manual spreadsheet-based workflows. Founded in 2018, the company provides a cloud-native solution that integrates seamlessly with existing Excel and Google Sheets environments, allowing finance departments to maintain their preferred interfaces while gaining the control, security, and scalability of a centralized data hub. The platform's architecture facilitates real-time data consolidation, multi-scenario planning, and automated financial reporting, effectively reducing human error and operational latency.

Beyond core planning capabilities, Cube Software has integrated advanced AI-powered analysis tools, including an AI Analyst accessible via Slack and Teams. This feature enables finance professionals to generate instant variance analyses and predictive forecasts, further cementing the company's position as a leader in the digital transformation of the office of the CFO. With SOC 2 Type II certification and GDPR compliance, the platform is purpose-built to meet the rigorous security and audit requirements of mid-market and enterprise-level clients across diverse industries.

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, Alumni Ventures, Clocktower Technology Ventures, Techstars, and Operator Collective

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

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

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

Key Investors in Cube Software

Mayfield

Mayfield is a Menlo Park-based venture capital firm that raises dedicated funds to invest in early-stage technology companies, primarily at seed and Series A, backing enterprise, consumer, and infrastructure founders.

Bonfire Ventures

Bonfire Ventures is a lead investor specialized in funding ambitious B2B software startups, positioning themselves as trusted advisors to founders with a hands-on, founder-led investment philosophy.

Battery Ventures

Battery Ventures partners with exceptional founders developing category-defining businesses in markets including software and services, enterprise infrastructure, and industrial technology.

What's next for Cube Software?

With the recent influx of capital, Cube Software is well-positioned to accelerate its product roadmap and expand its market footprint. The strategic focus will likely center on deepening its AI-driven generative forecasting capabilities and enhancing its integration ecosystem to support more complex enterprise resource planning (ERP) environments. As the company scales, it will continue to leverage its unique position as a spreadsheet-native platform to capture further market share from legacy performance management vendors. The ongoing support from its diverse investor base provides the necessary resources to scale operations, refine its go-to-market strategy, and maintain its competitive edge in the rapidly evolving B2B SaaS landscape.

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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 Bonfire Ventures. 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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