Pry Financials

About Pry Financials

Pry is a financial planning platform that replaces traditional spreadsheets with a purpose-built tool for small businesses, enabling them to track revenue, categorize costs, and forecast financial scenarios. By providing real-time insights into cash runway and financial health, Pry helps businesses make informed decisions about hiring and fundraising.

<problem> Small businesses often rely on cumbersome spreadsheets for financial planning, which are prone to errors, difficult to update, and lack real-time insights. This makes it challenging to accurately track revenue, categorize costs, and forecast financial scenarios, hindering informed decision-making. </problem> <solution> Pry is a financial planning platform designed to replace traditional spreadsheets with a purpose-built tool for small businesses. It enables users to track and categorize revenue and costs, review profit and loss statements and balance sheets, and build financial plans to support fundraising efforts. Pry provides real-time insights into cash runway and overall financial health, empowering businesses to make informed decisions regarding hiring, investments, and strategic planning. The platform facilitates financial modeling, reporting, and forecasting, offering a centralized solution for managing and visualizing key financial data. </solution> <features> - Financial Projections: Enables financial modeling, reporting, and forecasting with simple forecasts and 5-year projections. - Hiring Plan: Facilitates tracking current team members and planning for new hires, including payroll tax and benefits costs. - Scenario Planning: Allows comparison of different financial situations, including fundraising scenarios and conservative vs. aggressive plans. - KPI Dashboard: Offers customizable dashboards with interactive charts to visualize financial data and track key performance indicators. - Accounting Integrations: Connects with accounting and payroll providers to automatically update financial reports and dashboards. - Custom Formulas: Enables forecasting with custom formulas, referencing real-time data and customizable variables. - Three-way Forecast: Combines key reports into one consolidated forecast to track revenue, expenses, and budgets. </features> <target_audience> Pry targets small businesses, particularly SaaS startups, e-commerce businesses, and companies in pre-seed, seed, and post-Series A stages, seeking to streamline financial planning and gain better insights into their financial performance. </target_audience> <revenue_model> Pry operates on a subscription-based pricing model, with plans starting at $50 per month. </revenue_model>

What does Pry Financials do?

Pry is a financial planning platform that replaces traditional spreadsheets with a purpose-built tool for small businesses, enabling them to track revenue, categorize costs, and forecast financial scenarios. By providing real-time insights into cash runway and financial health, Pry helps businesses make informed decisions about hiring and fundraising.

Where is Pry Financials located?

Pry Financials is based in San Francisco, United States.

When was Pry Financials founded?

Pry Financials was founded in 2019.

How much funding has Pry Financials raised?

Pry Financials has raised $4.2M.

Location
San Francisco, United States
Founded
2019
Funding
$4.2M
Employees
6 employees
Investors
Global Founders CapitalLiquid 2 VenturesPioneer FundY CombinatorCathexis VenturesFidi VenturesLombardstreetOutboundcapSoma

Pry Financials

8
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Pry is a financial planning platform that replaces traditional spreadsheets with a purpose-built tool for small businesses, enabling them to track revenue, categorize costs, and forecast financial scenarios. By providing real-time insights into cash runway and financial health, Pry helps businesses make informed decisions about hiring and fundraising.

pry.co1K+
Founded 2019 – San Francisco, United States

Funding

No specific funding rounds found.

Total Funding

$4.2M

Backed by

Y CombinatorCathexis VenturesFidi VenturesGlobal Founders CapitalHyphen Capital…

Team (5+)

No team information available.

Company Description

Problem

Small businesses often rely on cumbersome spreadsheets for financial planning, which are prone to errors, difficult to update, and lack real-time insights. This makes it challenging to accurately track revenue, categorize costs, and forecast financial scenarios, hindering informed decision-making.

Solution

Pry is a financial planning platform designed to replace traditional spreadsheets with a purpose-built tool for small businesses. It enables users to track and categorize revenue and costs, review profit and loss statements and balance sheets, and build financial plans to support fundraising efforts. Pry provides real-time insights into cash runway and overall financial health, empowering businesses to make informed decisions regarding hiring, investments, and strategic planning. The platform facilitates financial modeling, reporting, and forecasting, offering a centralized solution for managing and visualizing key financial data.

Features

Financial Projections: Enables financial modeling, reporting, and forecasting with simple forecasts and 5-year projections.

Hiring Plan: Facilitates tracking current team members and planning for new hires, including payroll tax and benefits costs.

Scenario Planning: Allows comparison of different financial situations, including fundraising scenarios and conservative vs. aggressive plans.

KPI Dashboard: Offers customizable dashboards with interactive charts to visualize financial data and track key performance indicators.

Accounting Integrations: Connects with accounting and payroll providers to automatically update financial reports and dashboards.

Custom Formulas: Enables forecasting with custom formulas, referencing real-time data and customizable variables.

Three-way Forecast: Combines key reports into one consolidated forecast to track revenue, expenses, and budgets.

Target Audience

Pry targets small businesses, particularly SaaS startups, e-commerce businesses, and companies in pre-seed, seed, and post-Series A stages, seeking to streamline financial planning and gain better insights into their financial performance.

Revenue Model

Pry operates on a subscription-based pricing model, with plans starting at $50 per month.

Sources:

1
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