London based causal 20m is a new e-commerce venture that will provide you with the best in fashionable women’s clothing. This company has raised over $20m in its Series A funding round and is now launching a new series of products. We talked with the founders to find out more about their plans and their financial models.
Founders
Causal is a London-based virtual experiences platform that democratizes business planning. It allows users to build and share financial models in a few clicks. The company is backed by a number of high-profile investors, including Yelp CEO Jeremy Stoppelman, Accel Ventures, Coatue Management, and Notion COO Akshay Kothari.
Founded by Lukas Kobis and Taimur Abdaal, Causal’s software lets users connect to live data and create visuals that are both stunning and easy to understand. They also offer a robust ecosystem of training resources, including video courses, a documentation library, and one-on-one training.
Earlier this year, the startup secured a $4.2 million seed round led by Accel, alongside existing investors. It will use the funding to grow its engineering team from 15 to 50, and to scale its sales offensives.
Causal aims to replace spreadsheets with a more modern model. This includes sharing interactive dashboards with beautiful visuals, and allowing teams to collaborate on models.
Financial models
If you’re looking for financial models to help you make better business decisions, you’ve come to the right place. Causal is an online, collaborative modelling platform that allows teams across departments to create and share financial models with each other. You can write formulas in English and get live data to help your team get a better handle on your business.
The model of the month is Causal’s “Causal.” This is a fancy acronym that translates into a surprisingly easy-to-use software application that enables you to create and share cloud-based finance models in an interactive dashboard. It also lets you integrate with popular software such as QuickBooks and Stripe.
In the real world, you might be able to use the econometric model to forecast the future value of your company. A DCF model is designed to value a company based on its ability to generate future cash flows. There are also a variety of other models out there.
Raise $20m in Series A funding
Causal is an app that lets users build financial models with real-time data. They can then share and collaborate on these models in an interactive dashboard. It also allows users to create stunning visuals in a single click.
Its ecosystem includes a training library, online forum, and one-on-one training. Users can also get hands-on help from Causal’s in-house financial modeling team.
The startup is led by Oxford graduates Taimur Abdaal and Lukas Kobis. They worked in California before moving to London to launch their business. Their product is designed to replace the traditional spreadsheets used in business operations.
The funding will be used to expand the company’s engineering and sales teams. It will also enable the software to be released to the market. In the meantime, the startup is focusing on building its sales offensive.
The startup is backed by angel investors such as Naval Ravikant, Jeremy Stoppelman, and Scott Belsky. Other high-profile investors include Adobe CPO Scott Belsky, Notion COO Akshay Kothari, and Yelp CEO Jeremy Stoppelman.
Launched 20m series of products
The UK-based Causal, a collaborative modelling platform, has launched its 20m series of products. They will help businesses to create models out of variables, connect with live data and build visuals in a single click. Users can also share their models in an interactive dashboard. Unlike spreadsheets, Causal can be used by teams across departments. Ultimately, the company aims to replace traditional spreadsheets worldwide.
The startup was founded by Oxford graduates Taimur Abdaal and Lukas Kobis. Before starting the company, both worked in the technology industry in California. As they got more involved in the business world, they felt a need to find an easy way to collaborate and communicate. Their solution was to launch their own software that lets everyone share and collaborate on models. This was the catalyst for the launch of the Causal product.
The startup has raised a total of $5.5 million in funding. It will use the funds to expand its engineering team and increase sales. Currently, the company employs 15 people. However, it plans to hire another 50 after securing the new funds.
