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How to get started using Finmark to build financial projections

Finmark is a venture-funded platform for building financial models and understanding a range of key financial metrics, including cash, burn, runway, and more. A graduate of Y Combinator, Finmark was founded by a repeat entrepreneur who experienced the pain in creating financial forecasts using spreadsheets:

“One of the biggest pain points was always understanding where our projections were relative to what we were actually doing as a company. So many times we were running our entire business off of Excel, and so many times the forecasts of what we thought we were going to do were wrong,” he said.

Finmark aims to eliminate the spreadsheet with a simple to use platform for founders to create, update, and share their financial plan. Build a model in Finmark, connect to your accounting systems (Quickbooks to start) and billing platforms (Stripe to start), and use it to continually manage your view of your company’s future. For a demo on getting started with Finmark, watch the video above.

Finmark is currently restricted to early access users. Sign up here to get immediate access →

How to use

Getting started is simple, simply:

  1. Sign up to skip the waitlist →

I also offer services to help onboard and build models in Finmark, contact me to learn more →

Why I am sharing Finmark

You might ask, why am I sharing a company that aims to eliminate the spreadsheet for financial projections? I have always worked to provide the best financial tools for a founder, investor, or finance professional to make impactful decisions about key strategic and operational decisions for their business, and my goal is to help someone answer those questions and setup the right processes, whether they use a spreadsheet financial model template or not.

Personally, I don’t believe in the dichotomy between spreadsheets and web apps for managing a company’s financials, and I believe there are product and business reasons for why one may choose to use a spreadsheet tool - like Foresight, ahem - to create projections and analyze a company’s operational and financial performance. But there are situations where web tools can provide a better user experience for building financial models that you can use on an active, recurring basis to manage a company’s financials. Finance is a function that has not yet seen the explosion of tools and platforms that for development, design, management, collaboration, communication, and human resources, and I’m excited to see the innovation in the space.

More web tools for building financial models at Alternative to Foresight →