Cube (software company)

Last updated
Cube Software
Founded2018
Type Private
Headquarters New York City, United States
Products FP&A software
Fields Financial technology
Key people
Christina Ross (Founder & CEO)
Website www.cubesoftware.com

Cube is a privately held American software company that develops financial planning and analysis (FP&A) tools. [1] Based in New York City, [2] the company provides a spreadsheet-compatible platform for financial reporting, forecasting, and budgeting. [3]

Contents

History

Cube was founded in 2018 by Christina Ross, who had previously worked in finance roles at Rent the Runway, Criteo, GE, Deloitte and Eyeview. [4] [5] The company was established with the aim of providing software for FP&A processes and integrating with traditional spreadsheet-based workflows in finance departments. [6] Cube raised $1.25 million in a pre-seed round followed by a $3.8 million seed round in 2020, led by Bonfire Ventures and joined by Operator Collective, Techstars, and others. [4] In 2021, the company secured $10 million in a Series A funding round led by Mayfield Fund. [7] A Series B round in 2022 raised an additional $30 million, led by Battery Ventures with participation from Operator Collective, Bonfire Ventures, and GTMfund. [3] [5] In a 2022 CNBC interview, Ross stated that the company's Series B round occurred during a period of increased investor caution related to declines in tech stock valuations and tighter capital markets. [8]

In 2024, the company appointed Suresh Bala, a former executive at Workday and Adaptive Insights, as CPTO. That same year, it raised $20 million in additional funding for the development of AI features and for product expansion. As of March 2024, Cube had raised approximately $65 million in venture capital. [9]

In 2025, Cube was included on Forbes ’ list of America’s Best Startup Employers, which assessed companies based on employer reputation, employee satisfaction, and growth metrics. [10] That same year, it was also listed on Inc.’s Best Workplaces list. [11]

Business model

Cube offers a cloud-based FP&A platform that integrates with spreadsheets such as Excel and Google Sheets. The product allows finance teams to consolidate data from accounting, CRM, and HR systems and supports multi-scenario modeling, budgeting, and variance analysis. Users can generate real-time reports, automate data synchronization, and simulate financial scenarios. [4] [6] [7]

Cube integrates with spreadsheets, enabling deployments in "days or weeks" allowing analysts to focus on strategic work. [5] [4] In 2022 Ross told CFO Dive that upfront investment in automation could help hedge against economic downturns by boosting team productivity without proportional increases in headcount. [12] [13]

References

  1. Capital, Jake Saper, Emergence (2020-12-05). "Salesforce + Slack mashup signals the rise of Deep Collaboration". VentureBeat. Retrieved October 21, 2025.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. "A Full Return to the Office? Does 'Never' Work for You? (Published 2022)". 2022-06-09. Retrieved October 21, 2025.
  3. 1 2 Coulter, Martin (June 23, 2022). "Financial Planning Firm Cube Raises $30 Million From Battery Ventures". Business Insider. Retrieved October 21, 2025.
  4. 1 2 3 4 Wilhelm, Alex (August 13, 2020). "Cube closes $5M Seed round to scale its financial planning software". TechCrunch. Retrieved October 21, 2025.
  5. 1 2 3 Azevedo, Mary Ann (June 15, 2022). "Cube lands $30M after seeing 400% ARR growth". TechCrunch. Retrieved October 21, 2025.
  6. 1 2 Sawers, Paul (March 9, 2021). "Cube Software challenges legacy financial planning and analytics tools". VentureBeat. Retrieved October 21, 2025.
  7. 1 2 Wilhelm, Alex (March 9, 2021). "Cube raises $10M more to help companies plan their financial future". TechCrunch. Retrieved October 21, 2025.
  8. Levy, Ari (July 7, 2022). "Startups reckoning with an end to cheap capital face hard decisions". CNBC. Retrieved October 21, 2025.
  9. Noto, Grace (March 19, 2024). "Cube taps Workday alum to drive tech, finance synergy with new $20M funding". CFO Dive. Retrieved October 21, 2025.
  10. "America's Best Startup Employers 2025". Forbes. March 4, 2025. Retrieved October 21, 2025.
  11. "Best Workplaces 2025: 514 Companies With Best-in-Class Cultures". Inc.com. Archived from the original on 2025-09-07. Retrieved 2025-10-21.
  12. Noto, Grace (October 7, 2022). "Splurge on automation before recession hits, says former 'serial CFO'". CFO Dive. Retrieved October 21, 2025.
  13. Adams, John (July 21, 2022). "What the market slump means for payments tech". American Banker. Retrieved October 21, 2025.