Jedox raises over $100M to expand its financial modeling and analytics software to more verticals – TechCrunch
The company currently works with some 2,500 customers, including big players like Microsoft, McDonald’s and industrial giant ABB. The company’s software was originally built to work on-premises or in the cloud, and mainly oriented toward financial planners. “We want to focus on more than just the finance department,” he said, and the company thinks of FPNA (financial planning and analysis) “as XPNA” as a result. Jedox got its start way back in 2002, and in a way is a very typical European startup story. “Jedox offers a differentiated approach to financial planning through its flexibility, familiar Excel-based interface and focus on the customer,” said Jeff Lieberman, MD at Insight Partners, in a statement.