battery funding announcement

Battery Ventures Leads Growth Investment of More Than $150 Million in Growing Subscription Management Sector Investments in financial-software companies SaaSOptics and Chargify will help SaaS companies better automate, manage financial operations April 21, 2021 11:30 AM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Battery Ventures, a global, technology-focused investment firm, today announced it led a combined growth-equity…

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Fundamentals of SaaS ARR and Revenue Forecasting Financial modeling for SaaS businesses is a tall task. Because of the recurring nature of SaaS revenue and the range of customer billing approaches, it can be tricky to build a model that will accurately reflect your future cash position. SaaS financial models require that you build an…

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Revenue Modeling for a Subscription vs. Non-Subscription Businesses  Revenue modeling. It’s the most difficult aspect of financial planning, especially for startups that don’t have historical data to extrapolate future revenues. If you’re new to SaaS, you may be wondering what the differences are between revenue modeling for subscription businesses as opposed to non-subscription companies. This…

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How To Create a Chart of Accounts for a SaaS Business   In the early days of a SaaS business, organizing your chart of accounts probably isn’t top of mind. It’s easy for things like accounting practices to take a backseat to other, more exciting things, like the vision and the product.  But as your business…

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3 Signs It’s Time to Raise a Series A  In a recent joint webinar, SaaSOptics CFO Adam Morson and Riverside Acceleration Capital Partner Jonathan Drillings took a deep dive into raising a Series A. The pair covered everything from how to know when it’s time to raise your first institutional round to the broader implications…

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5 Must-Have FinOps Solutions in 2021 What if I told you that before October of 2020, we have one full-time finance team member managing financial operations at a company with 80+ employees and 800+ customers? Yes, you read that right. One person to manage expense reports, commissions, billing and invoicing, cap tables, revenue recognition, deferred…

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Top-Down or Trendline ARR Modeling The following blog post explains how to build a top-down ARR model and is excerpted from The Complete Guide to SaaS Revenue Modeling, a collaboration between SaaSOptics and Burkland Associates. You can download the complete guide here. The top-down ARR model approach involves looking at historical trendlines for ARR growth…

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Q&A with Adam Morson, SaaSOptics’ New CFO  With 20 years’ experience in various finance roles in the software industry and first-hand experience with the SaaSOptics platform, Adam Morson was a logical choice when SaaSOptics decided to bring on a CFO in Q4 of 2020.  We recently sat down with Morson to better understand why he…

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The SaaS Financing Landscape: Raising Debt vs. Equity In a recent webinar, SaaSOptics CEO Tim McCormick and Bigfoot Capital CEO Brian Parks discussed the changes that have taken place across the SaaS financing landscape, particularly those in debt financing of SaaS companies.  While venture capital has historically been associated with SaaS financing, the truth is…

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