budgeting

IT budgets should increase in 2024, but it still could be tough going for startups

What does it all mean for startups entering 2024? It means they have to prove their worth more than ever.

Zero-based budgeting: A proven framework for extending runway

Zero-based budgeting (ZBB) is one of the most aggressive budgeting methods to cut burn to the bare minimum.

Cloud optimization startup ProsperOps lands $72M investment

The cloud is growing expensive. According to a recent survey from ESG, more than half of companies say that their spending on public cloud apps will increase in 2023 while 56% expect their public clou

With IT spending forecast to rise in 2023, what does it mean for startups?

While IT spending is forecast to rise, that doesn't mean the picture is entirely rosy for startups. You still have to prove your worth.

Spendflo helps companies track their SaaS expenses

Many people have plenty of online subscriptions that they barely use and can save a fair amount of money with a service like Truebill to see all their recurring payments in one place. Spendflo wants t

Trace announces $8M seed to help companies coordinate budgets

Trace, an early startup that wants to bring a taste of SaaS to the finance side of the house, announced an $8 million seed round today led by Greylock and Uncork Capital with participation from Nyca P

Copilot is a subscription personal finance tracker aiming to kill Mint

When Intuit acquired Mint more than a decade ago, mobile was in a different place — as were tech-enabled financial services. There hasn’t been much progress for the personal finance tracke

Level Money, my beloved budgeting app, is shutting down

Real talk, Level Money is the only budgeting app that has ever stuck with me. So I'm bummed to report that Level Money is shutting down on September 1. Capital One snapped up Level Money in early 2015

SmartPath wants to help your employees manage their finances

Managing your finances can be tough, especially if no one has ever taken the time to sit down with you and explain how it all works. SmartPath, a Y-Combinator backed company, aims to help low-income p

Affirm acquires budgeting app Sweep to expand into personal finance

Online lending company Affirm has announced it is acquiring Sweep, an app-based personal finance tool. The move comes just two weeks after Affirm raised a $100M Series D round, which was partially

Recognizing Probabilities In Budgeting And Forecasting

Based on practical experience with hundreds of early stage companies over many years, we generally recommend the following budgeting best practices. We call it the Bessemer Optimal Budget, and it invo

How Finance Fits Into Your Startup

Every tech CEO and founder dreams of building a company founded on principles partially informed by childhood readings of Dumas: All for one, one for all -- and, by the way, let’s change the world.

Capital One Acquires Budgeting App Level Money

Capital One has acquired San Francisco-based money management app, Level Money, the companies are announcing this morning. The app, which is focused on allowing consumers to keep track of their spenda