SUNNYVALE, Calif.--(BUSINESS WIRE)--Enterprise finance software vendor Funding Profiles announced today that it has been selected to join the VentureChoice Incubation Program (VIP) (http://www.venturechoice.com/portfolio.htm) aiming “towards accelerated business growth and increased exposure to the investment community.” Simultaneously, the company said that it had received initial seed investment.
The VentureChoice VIP Program is designed to provide innovative early-stage companies with resources, expertise, and Private Equity investor exposure. The VentureChoice Team evaluates hundreds of technology companies each year to identify those with the strongest potential for success in the marketplace. Companies are selected to join the program based on innovation, marketability, growth potential, funding requirements, and overall value to their customers. These companies are provided with guidance and support designed to assist their growth strategy and increase market visibility.
Funding Profiles also confirmed seed investment from a Facebook (NASD:FB) executive. Madison Laird, CEO of Funding Profiles stated: “We are very pleased with our selection to the VIP program and the caliber of our investor. Through VentureChoice we gain access to valuable resources, exposure and support from experienced industry veterans to build a lasting business of significant value.”
Funding Profiles recently announced public availability of the company’s first software product. With thousands of ready-to-use charts and graphs, The Funding Profile Generator™ helps Finance, Planning and Analysis (FP&A) groups express the results of their work - consolidation, reporting, forecasting, planning, variance explanation, guidance, modeling, etc. – in visual, strategic terms.
About Funding Profiles
Funding Profiles makes solutions for finance departments that want to contribute to an enterprise's strategy beyond just numbers. Funding Profiles’ solutions integrate with existing business applications and data sources to continuously translate traditional financial metrics into the language of business strategy. Using solutions from Funding Profiles, finance teams can express plans, targets, actuals, forecasts, or scenarios in strategic perspectives any business leader can appreciate. Funding Profiles is based in Sunnyvale, California, and has locations in Seattle, Philadelphia, and Washington D.C.