Typical financial planning and analysis teams spend the bulk of their time on data-gathering and administering processes. That’s because they often have to deal with cumbersome systems and software tools, leaving little time to focus on generating insights that might drive business growth.
At least, that’s according to Bijan Moallemi, the co-founder of Mosaic, a startup building a platform that attempts to centralize operational data from across an organization. Mosaic today announced that it raised $26 million in a Series C funding round led by OMERS Ventures with participation from Founders Fund, General Catalyst, and Friends and Family Capital, bringing its total raised to $73 million.
Moallemi co-launched Mosaic with Joe Garafalo and Brian Campbell, who he met in 2012 at Palantir, the big data analytics company, while helping to build Palantir’s finance team.
“Tasked with supporting business...