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FPA VENDOR MOSAIC RAISES $25M Featured

Mosaic, which makes financial planning and analysis software, has raised $25 million in Series B Funding. Founded in 2019, Mosaic has now raised $46 million over the last 12 months.

In its announcement, the company said it plans to increase its employee base by 140 percent and will also apply funds to the release of Topline Planner, which is designed for revenue modeling. Mosaic has integrations to ERP, CRM and HRIS applications. Among the ERP list are integrations with NetSuite, QuickBooks and Xero. The CRM links include Hubspot, Salesforce and Zoho. The HR integrations ifeature companies such as ADP, Gusto and Zenefits. Mosaic functions also include close and consolidation, investor and board reporting. The latest funding round was led by Founders Fund with continued participation from General Catalyst, XYZ, Fifth Down Capital, and Friends & Family Capital.

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