DataJoy raises $6M seed to help SaaS companies track key business metrics

DataJoy raises $6M seed to help SaaS companies track key business metrics

3 years ago
Anonymous $rH7oE7DjRg

https://techcrunch.com/2021/02/25/datajoy-raises-6m-seed-to-help-saas-companies-track-key-business-metrics/

Every business needs to track fundamental financial information, but the data typically lives in a variety of silos making it a constant challenge to understand a company’s overall financial health. DataJoy, an early stage startup, wants to solve that issue. The company announced a $6 million seed round today led by Foundation Capital with help from Quarry VC, Partech Partners, IGSB, Bow Capital and SVB.

Like many startup founders, CEO Jon Lee has experienced the frustration first hand of trying to gather this financial data, and he decided to start a company to deal with it once and for all. “The reason why I started this company was that I was really frustrated at Copper, my last company because it was really hard just to find the answers to simple business questions in my data,” he told me.