Drivetrain, a saas startup raises $15 million from 23 additional investors in addition to Elevation Capital, Jungle Ventures, and Venture Highway.
Drivetrain is a comprehensive platform that enables businesses to plan their finances and monitor their implementation in real time. The money raised will go toward developing the product as well as the sales market and content.The technology is now used for financial planning by businesses including Mindtickle, Whatfix, and FarEye.
Drivetrain’s strategy involves smoothly integrating the planning and monitoring worlds, which makes it a challenging problem with excellent rewards.
To capture the subtleties of a business, the platform uses a Drivetrain Modelling Language (DTML), which flows into a spreadsheet-like interface. Every component of the Drivetrain platform is affected by this initiative, which also benefits from the centralization of version control, sandbox and assumption checks, data and metric definitions, and data collection.
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