Connect with us

Hi, what are you looking for?

Jewish Business News

StartUps

Unity SCM and Firmbase Make Small Raises

Unity SCM

Unity SCM Team (company photo)

Firmbase, an Israeli startup that offers a financial planning and analysis (FP&A) platform, launched its platform with a $12 million raise led by S Capital with participation from Meron Capital. And Unity SCM, another Israeli startup that provides a supply chain management solution, raised $8 million in a Series A round of funding led by Vertex Ventures Israel with participation from UpWest, Vertex Ventures US, Dan Scheinman, and Ariel Maislos, bringing the company’s total funding to date to $13.2 million.

Founded by CEO Amir Taichman, Unity SCM says that with built-in data adapters and an “easily configurable” supply chain data model, the company automates data collection and normalization with minimal need for IT resources. Unity SCM integrates with a wide range of data sources and easily adapts to inaccurate or incomplete supply chain data, freeing IT teams from the burden of not only complex data integration projects, but also minimizing risks, saving costs, and driving efficiencies at scale.

“Most supply chain modernization projects get bottlenecked waiting for scarce IT resources to connect the disparate data silos that lie beneath,” said Amir Taichman, CEO and Co-Founder of Unity SCM. “Every time supply chain teams try to cobble together a single view in emails and spreadsheets for a new project or fire drill, they create another virtual silo.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Founded in 2021 by CEO Tomer Federman and CTO Vlad Shumlin, Firmbase calls itself the modern financial planning and analysis platform for tech companies, trusted by FP&A teams at some of the fastest growing companies in the world, including Walnut, WSC Sports, ControlUp, Freightos and Similarweb.

Firmbase integrates with a company’s financial and operational systems to extract live data, like employee headcount and expenses. It provides real-time visibility and together with the platform’s robust modeling engine allows companies to quickly build dynamic, flexible budgets.

Firmbase CEO Tomer Federman said in a blog post, “Firmbase integrates with a company’s financial and operational systems to extract live data, like employee headcount and expenses. It provides real-time visibility and together with the platform’s robust modeling engine allows companies to quickly build dynamic, flexible budgets.”

“With Firmbase,” he added, “finance teams increase productivity and benefit from natural language formulas, flexible workflows and an intuitive interface. The platform’s advanced budget vs. actuals solution enables finance teams, budget owners, and decision makers to automatically track their plans against performance, and proactively adjust forecasts on the fly.”

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.