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Mosaic closes USD25m Series B led by Founders fund

Strategic finance platform Mosaic has raised USD25 million in a Series B financing round led by Founders Fund, with participation from existing investors General Catalyst, XYZ Venture Capital, Fifth Down Capital, and Friends & Family Capital.

The round brings Mosaic’s total funding to USD46 million in under 14 months, and reunites Peter Thiel, Managing Partner at Founders Fund and Co-founder of both Palantir Technologies and PayPal, with the team that helped build the finance department at Palantir. 

Funding will be used to further expand the company’s product development and go to market teams as Mosaic continues to add greater depth and flexibility to its suite of financial products, transforming the way CFOs operate. This includes a new topline planning component that will debut later this year.

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