{"id":569652,"date":"2025-08-14T11:59:27","date_gmt":"2025-08-14T10:59:27","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=569652"},"modified":"2025-08-14T12:01:48","modified_gmt":"2025-08-14T11:01:48","slug":"drivepoint-raises-9m-to-scale-ai-finance-platform","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/drivepoint-raises-9m-to-scale-ai-finance-platform\/","title":{"rendered":"Drivepoint raises $9m to scale AI finance platform"},"content":{"rendered":"

\"drivepoint\"<\/p>\n

Drivepoint<\/a> has raised over $9 million to accelerate product innovation<\/a> and scale its market presence. The total includes a new $7 million Series A round led by Vocap Partners and a previously undisclosed investment earlier in 2024. Returning investors Bling Capital, Vinyl VC, Las Olas Venture Capital, and Jefferies\u2019 Family Office also participated.<\/p>\n

\u00a0Emery Waddell, Partner at Vocap<\/strong>, said, \u201cDrivepoint is rapidly emerging as the default solution for intelligent finance in retail. Given its innovation record, consumer brand expertise, and proven ROI, it\u2019s only a matter of time before enterprise players follow suit.\u201d<\/p>\n

New capital also came from Good Friends VC, the firm founded by the creators of Allbirds, Harry\u2019s, and Warby Parker, with Allbirds Co-Founder Joey Zwillinger personally leading the investment. They join an investor roster that includes founders such as Brian Tate (Oats Overnight), Jordan Nathan (Caraway), and Brian Riley (Guardian Bikes).<\/p>\n

Drivepoint\u2019s platform combines spreadsheet-native flexibility, deep retail integrations, and AI-native forecasting to help brands model, plan, and make real-time financial decisions. High-growth customers include Curology, True Classic, and Simple Modern.<\/p>\n

Impact examples include: Graza using Drivepoint for automated modelling to achieve record multi-channel growth with a one-person finance team; Oats Overnight unlocking $4 million in EBITDA via scenario planning; and Dose improving gross margin by 3\u20135% through greater forecast confidence.<\/p>\n

Funding will accelerate AI development in forecasting, variance analysis, and decision intelligence, alongside scaling go-to-market efforts.<\/p>\n

Austin Gardner-Smith, CEO and Co-Founder, Drivepoint,<\/strong>\u00a0 said, \u201cThis milestone validates our vision. On average, customers see 6.7% EBITDA gains in their first year, unlocking significant enterprise value. We\u2019re ready to deliver that impact to even more brands.\u201d<\/p>\n","protected":false},"author":35851,"featured_media":569653,"parent":0,"template":"","categories":[11395,11381,41779,11368,11376,42764,11384,11397],"tags":[11868,11668,11649,11438,11409,12472,11769,11549,11515,11416],"class_list":["post-569652","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","category-artificial-intelligence","category-banktech","category-core-banking","category-digital-banking","category-digital-payments","category-payments","category-saas","tag-america","tag-cross-border-payments","tag-digital-banking","tag-digital-payments","tag-digital-transformation","tag-financial-inclusion","tag-financial-institutions","tag-financial-services","tag-fintech","tag-usa"],"acf":[],"yoast_head":"\nDrivepoint raises $9m to scale AI finance platform - IBS Intelligence<\/title>\n<meta name=\"description\" content=\"Drivepoint has raised over $9 million to accelerate product innovation and scale its market presence. 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