Drivetrain AI, Inc. Asset Profile

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Year established

2021

Location

Bangalore Karnataka India

Primary Industry

Software

About

Based in Bengaluru, India, and founded in 2021 by CEO Alok Goel, CTO Tarkeshwar Thakur, and Saurav Bhagat, Drivetrain AI, Inc., a.k.a. Drivetrain is developing an integrated platform for businesses to connect data from a variety of systems, bring the data to usable form, help them build financial plans, do plan-versus-actual tracking, create what-if scenarios and perform root-cause analysis. In October 2022, Drivetrain AI, Inc. raised USD 15 million in series A funding co-led by new investors Elevation Capital, Jungle Ventures, and Venture Highway. The company provides a wide range of integrations, including ERP and accounting for financial reporting, measuring SaaS rations and metrics, and account reconciliation; CRM for revenue planning and forecasting, incentive compensation management, tracking sales and customer metrics; HRIS, ATS, and payroll for headcount planning, department and employee cost planning, and tracking, and compensation modeling; billing and invoicing systems for synching customer and subscription data including MRR, renewal dates, average contract value, churn information and more. Drivetrain also offers databases and warehouse integrations for connecting to and accessing the business information stored in the cloud data warehouse, data lakes, relational data sources, and more, to get a complete view of business performance, business intelligence and analytics integrations, and spreadsheet integrations. The company plans to use its proceeds from October 2022 funding to accelerate its product development and expand its go-to-market team.

Current Investors

Jungle Ventures, Elevation Capital, General Catalyst India

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Primary Industry

Software

Sub Industries

e-Financial, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.drivetrain.ai

Verticals

Artificial Intelligence, Cloud Computing, FinTech

Company Stage

Series A

Total Amount Raised

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