Company Research Report: Mosaic

Company Overview

• Name: Mosaic

• Mission of the Company: Mosaic aims to empower finance leaders by replacing traditional finance tools with a modern Strategic Finance Platform. Their mission is to act as a compass for business leaders, enabling more profitable decisions.

• When Founded: The company was founded in 2019.

• Founders: The founding team met in 2012 while building the Finance team at Palantir, and they later came together to establish Mosaic.

• Key People in the Company:

• Bijan Moallemi, Chief Executive Officer

• Joe Garafalo, Chief Operating Officer

• Brian Campbell, Co-founder

• Steve Groccia, Head of Customer Success

• Carissa Cecil, Head of Engineering

• Where Headquartered: San Diego, United States

• Number of Employees: No information is available

• Revenue of the Company: No information is available

• What the Company is Known For: Mosaic is known for its Strategic Finance Platform which simplifies and accelerates financial planning and analysis (FP&A) for business leaders.

Products

Mosaic offers a comprehensive suite of finance and planning tools targeted for strategic finance teams across various industries.

High-Level Description of Products:

1. Expense Planning: Control spend across many dimensions, such as vendors, with detailed budgeting capabilities.
2. Revenue Planning: Drive growth through integrated sales and revenue planning tools.
3. Headcount Planning: Precisely forecast costs for current and future employees.
4. Financial Reporting: Automate financial metrics and analytics to focus on future planning.
5. Cashflow Forecasting: Control burn rate efficiently using cashflow prediction tools.
6. Financial Consolidations: Simplify financial consolidations, eliminating complexities such as FX adjustments.
7. Collaborative Budgeting: Empower teamwork by engaging business partners in expense and headcount forecasting.
8. Arc AI: An assistant for performance insights and summarizing trends.
9. Metric Builder: Leverage and customize over 150 metrics for specific business needs.

Key Features:

• Collaborative Features: Enable cross-functional budgeting and forecasting processes.

• AI Integration: Arc AI for automated insights and performance analysis.

• Metrics Customization: Metric Builder to create personalized financial metrics.

• Operational Efficiency: Automates reporting, reduces errors, and saves time.

• Real-time Analytics: Provides real-time collaboration and insights across business operations.

Recent Developments

• Recent Developments: Mosaic launched the Budget Collaboration feature designed to help departments align better on hiring plans and budgets.

• New Products Launched: No additional information regarding new products.

• New Features Added: Introduction of budget collaboration features to streamline department planning.

• New Partnerships: No information is available

Conclusion

Mosaic is positioned as an innovative leader in the strategic finance software space, offering robust tools and features designed to optimize financial planning and analysis processes for mid-sized businesses. Through automation and AI, Mosaic focuses on refining finance operations efficiently, granting finance leaders the ability to focus strategically on growth and decision-making.