Metics, the Gelderland-based software company focused on transforming the financial modelling industry, announces an investment from private investors and Oost NL. The investment will be used to accelerate market expansion, attract new talents, and further fuel development of the Metics financial modelling platform.
CFOs and financial service professionals have a strong desire for an innovative approach to financial modelling and scenario planning. Current ways of work are often cumbersome, resulting in lots of complexity, time-consuming processes, and a lack of interaction. Metics offers the solution with its high-end financial modelling platform, enabling customers to perform interactive scenario planning for cash flow optimisations, fund raising, and many more activities. The platform sets itself apart from others with Two-way® Technology, allowing for unique calculation possibilities and visuals-driven modelling. Metics is trusted by companies such as PwC, CFO Netwerk, BrightOrange, and Duurzame Transitie Groep.
With its Two-way® Technology, Metics offers a unique scenario planning process, providing great insights in the opportunities and threats for companies. We are very charmed by this’, says Ton Rosendaal, leading the group of private investors with Whizzdom. ‘On top of that, no extensive Excel or software knowledge is needed to get started. It’s a no-code product and the basis of the P&L, balance sheet and cash flow are already there. Anyone can get started in the blink of an eye.
’‘Metics has built a valuable, highly innovative, and intuitive product which will lead to better operational and strategic decisions and therefore expected to add value on a large scale. We are convinced that Metics will make a big difference for financial service providers and ambitious companies, both SMEs and startups or scale-ups’,
says Saskia Leenstra, team manager Tech Capital at Oost NL. ‘Partnering up with Whizzdom is a result of a successful collaboration with our Oost NL Business Angel Network. Whizzdom has relevant knowledge and network in this sector. We are looking forward to work with Whizzdom and the Metics team and have confidence in their abilities to scale up the business.
’‘It’s the perfect moment to team up with partners that strongly believe in our mission.
This investment enables us to deliver on our promise: to give every CFO and financial service provider the insights they need, based on interactive scenario planning and without writing a single line of code’, says Jeroen Biesbroek, CEO of Metics. ‘We are proud of the collaboration with our investors. It allows us to help more companies achieve optimum growth, cash, and value. Exciting times lie ahead.
Metics is a tech scale-up focused on transforming the financial industry. The company was founded on the belief that financial modelling can be done smarter, more efficient, and more interactive. It’s exactly that what Metics delivers. Metics enables clients to effortlessly build models and perform interactive scenario planning with stakeholders to drive value-driven discussions and decisions. It supports cash flow optimisation, fund raising, and many more processes.About WhizzdomWhizzdom is a private investment firm that focuses on early-stage and scale-up companies that aim to grow their recurring revenue through new technologies and business models. The fund is RVO-backed and provides hands-on support to the companies they invest in. For more info, visit the RVO page.
Oost NL is an agency that focuses its activities and projects on strengthening and stimulating the economy of the provinces of Gelderland and Overijssel in the Netherlands. It supports starting and growth-phase SMEs, partly with risk capital from various revolving innovation funds, and partly through knowledge and networks. For more info, visit oostnl.nl.