Cashforce Overview
- Founded
-
2012

- Status
-
Acquired/Merged
- Employees
-
46

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$31.9M
Cashforce General Information
Description
Developer of a cash forecasting and working capital analytics platform designed to forecast incoming and outgoing cash flows. The company's platform offers accurate cash flow forecasting, flexible reporting, easy onboarding with ready-built ERP connectors and automated cash flow classification, enabling corporate finance and treasury departments to save time and money.
Contact Information
Website
www.cashforce.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Parent Company
Primary Office
- Atealaan 34A
- Herentals Antwerp East
- 2200 Antwerp
- Belgium
+32 014 00 00 00
Cashforce Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Merger/Acquisition | 15-Jun-2022 | $31.9M | 00.00 | 000.00 | Completed | Generating Revenue |
7. Later Stage VC (Series A) | 15-Oct-2019 | 00.000 | 00.00 | 000.00 | Completed | Generating Revenue |
6. Later Stage VC | 27-Sep-2018 | 00.000 | Completed | Generating Revenue | ||
5. Later Stage VC (Series A) | 17-Feb-2018 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
4. Early Stage VC (Series A) | 17-Jan-2016 | 00.000 | 00.000 | Completed | Startup | |
3. Angel (individual) | 21-Jul-2015 | 00.000 | Completed | Startup | ||
2. Accelerator/Incubator | 15-Jul-2015 | $20K | $1.12M | Completed | Startup | |
1. Accelerator/Incubator | 01-Jan-2015 | $1.1M | $1.1M | Completed | Startup |
Cashforce Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Class D2 | 00,000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | ||
Class D1 | 000,000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | ||
Class C2 | 100,080 | $8.78 | $8.78 | 1x | $8.78 | 3.75% | ||
Class C1 | 262,468 | $4.19 | $4.19 | 1x | $4.19 | 9.83% |
Cashforce Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a cash forecasting and working capital analytics platform designed to forecast incoming and outgoing cash f
Financial Software
Antwerp, Belgium
46
As of 2022
00.00
00.00
0000-00-00
000000&0
00.00
Cashforce Competitors (15)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Agicap | Venture Capital-Backed | Lyon, France | 000 | 00000 | 00000000000 | 00000 |
0000000 | Formerly VC-backed | London, United Kingdom | 00 | 00.00 | 000000&0 | 00.00 |
00000 | Venture Capital-Backed | Edinburgh, United Kingdom | 00 | 00.000 | 000000000 | 00.000 |
0000 000000000 | Private Equity-Backed | Toronto, Canada | 000 | 000.00 | 00 000000 | |
000000 | Formerly VC-backed | Brighton, United Kingdom | 00 | 00.000 | 000000&0 | 00.000 |
Cashforce Executive Team (6)
Cashforce Board Members (8)
Name | Representing | Role | Since |
---|---|---|---|
Cornelis Jansen | Inkef | Board Member | 000 0000 |
Frank Maene | Volta Ventures | Board Member | 000 0000 |
Luis Valdich | Self | Board Observer | 000 0000 |
Michel Akkermans | Self | Chairman | 000 0000 |
Nicolas Christiaen | Cashforce | Co-Founder, Chief Executive Officer & Board Member | 000 0000 |
Cashforce Signals
Cashforce Former Investors (8)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
BNP Paribas | Investment Bank | Minority | 000 0000 | 000000 0 | |
Citi Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
Inkef | Venture Capital | Minority | 000 0000 | 000000 0 | |
Jenny Fielding | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Michel Akkermans | Angel (individual) | Minority | 000 0000 | 000000 0 |