Place Technology

Place Technology

The finance platform for live collaborative forecasting and planning

Security Type
Preferred Stock
Min Investment
Austin, TX
Offering Date
June 24, 2021
Expected Close Date
April 30, 2022
Target Raise
Security Price

Company Description

Place Technology is the maker of PlaceCPM, a finance platform that connects the elements of a tech or service company's live current and future financial data and provides tools for faster, more efficient and collaborative financial forecasting, reporting, and workforce planning. 

Key Deal Facts

$1.9m of the $2.5m has been raised outside of Wefunder.
Repeat founders with a successful exit in a similar space.
405% license revenue growth from April 2020 through March 2021.
3rd highest-rated forecasting software on independent review site G2 in just 15 months since launch.
Place is the only financial forecasting product built on
Jumped from $20K ARR in June 2020 to $340K ARR to March 2021.
The sales pipeline is on fire with 50+ active deals.
100% of customer reviews saying the product is going in the right direction and 99% would recommend.

Management Team / Advisory Board Bios

Brandon Metcalf, Founder & CEO
Brandon previously founded, scaled, and exited Talent Rover. Talent Rover was an operating software for the staffing industry. The company had offices in 8 countries and customers in more than 40 countries.

Kabe Vanderbaan, Founder & CTO
Kabe was previously the VP of Technology at Talent Rover. He has 20+ years of software development experience.
Amount Raised : $0
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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