Forecastr

Get a great financial model, custom-built for your startup.

★★★★★ 5.0/5 from 57 reviews

What is Forecastr?

Forecastr helps founders build great financial models online. Our analysts work with you to build a model that’s tailored to your unique needs. Forecastr makes it easy to track & share key metrics so you can make better decisions & raise the capital you need.

Pros & Cons

Pros

  • Custom financial models
  • Startup focus
  • Analyst support
  • Responsive team
  • User-friendly interface
  • Financial projections
  • Financial model sharing
  • Personalized support
  • Onboarding experience
  • Scenario planning
  • Financial model transparency
  • Integration with accounting software
  • Customer feedback
  • Detailed forecasting
  • Free templates
  • Real-time data tracking

Cons

  • UI could be more intuitive

Tool Details

Categories Startup financial planning, Fundraising resources
Website www.forecastr.co
Became Popular April 4, 2023
Platforms Web
Social

Recent Reviews (13)

A
Amar Apr 4, 2023
★★★★★

Congratulations on the launch, @stevenplapp Let me start by saying that I have been using Forecastr for almost two years now, and it has completely transformed the way I make financial projections and decisions for my business. Their platform is simply amazing! What I love about Forecastr is their ability to not only help me build accurate financial models, but also assist me in making crucial business decisions based on those models. In fact, I often find myself preferring Forecastr over QuickBooks when it comes to making important operational decisions for my business. The integration with QBO is seamless, and it allows me to easily import my financial data into Forecastr and pair it with my financial models to gain a more comprehensive view of my business. What's more, Forecastr's CFO service have been a game-changer for me. Their team of experts is always available to provide guidance and help me with strategic planning and growth, which has been immensely helpful in taking my business to the next level. Overall, I cannot recommend Forecastr enough. Their services have truly been a lifesaver for me, and I am excited to continue using their platform for many years to come. Thank you, Forecastr team, for providing such an incredible service!

Financial projections Analyst support Custom financial models Integration with accounting software
J
Jon Apr 4, 2023
★★★★★

Hey there, fellow Product Hunters! As the founder and COO of Loris, I just had to share my amazing experience with Forecastr. When we first started Loris, we used google sheets to build our financial models. But as we grew, we realized we needed a more robust solution. That's when we tried Finmark, but it didn't quite fit our unique needs as a startup with a hardware component. Luckily, we found Forecastr, and it was a game-changer. Their analysts worked closely with us to tailor our model specifically to our business, and their platform made it incredibly easy to track and share key metrics with our team. One of the biggest benefits we found with Forecastr was that their assumptions were much more transparent and easier for investors to review, which made raising capital a breeze. And on top of all that, their customer service was truly top-notch. A special shoutout to @joshuahinkle1 for being an absolute rockstar. All in all, I can't recommend Forecastr enough. If you're a founder looking for a great financial modeling solution, look no further than Forecastr.

Responsive team Financial model sharing Analyst support Custom financial models Financial model transparency
L
Larson Apr 4, 2023
★★★★★

Hello everyone, my name is Larson Stair, and I'm the CEO of Gondola. We've been using Forecastr for the past three years and couldn't be happier with what Steven, Logan, and the team have built. It's been instrumental in helping me raise $4M in VC capital, run over a dozen board meetings, and keep my investors up to date on our financial progress. I can't recommend Forecastr enough!

Financial model sharing Custom financial models Startup focus
S
Suzanne May 16, 2023
★★★★★

I have been a client of Forcastr since 2021, and they have changed my business for the better. Their team has a deep understanding of financial projections, and they use advanced analytical tools to provide accurate information for my young CPG business. Forcastr has been incredibly responsive and attentive to our needs. They take the time to listen to our concerns and tailor their services to meet our specific requirements. Forcastr is always available to answer questions and provide guidance, which has been invaluable to me. On every call with my analyst I ask him to join us full-time but he declines which means Forecastr is a great company to work for which makes me happy as a client to hear.

Personalized support Responsive team Financial projections Analyst support
H
Heather Apr 4, 2023
★★★★★

well I hate to share my secret weapon, but here goes. We discovered Forecastr a couple years ago and we were amazed at the capabilities packed into such an easy to use and simple platform. Kelvin and his enablement team are always willing to roll up their sleeves and help improve your projections. I urge you to get this tool set up asap even if you aren't raising money because it will help you understand your business's cac and where you need to make investments to reach your targets. Forecastr takes off where your P&L ends and gives you a deep and flexible understanding of the future you need to embrace to achieve your financial goals. This tool will be incredibly valuable if you decide to raise money as it shows investors exactly how you expect to achieve your goals. Get started today.

User-friendly interface Financial projections Analyst support Custom financial models Financial model transparency
D
David Apr 4, 2023
★★★★★

In today’s economic environment, raising money for your early-stage startup can be difficult, especially if your product doesn’t have a ton of traction yet. This is why having a solid financial model is so important when trying to grab the attention of investors. Further, a financial model helps convey the vision of your startup and is crucial to dailing in a lean growth and operational strategy. I’ve been building the prototype for my startup for several months now and plan to use Forecastr for our financial models and forecasts once we begin generating revenue. The folks at Forecastr have the background and expertise to be the voice and authority in this space. Their webinars and various web content have been tremendously helpful as I've begun thinking about EBITDA, LTC:CAC, churn rate, etc.

Analyst support Custom financial models Startup focus
B
Brad Apr 4, 2023
★★★★★

So excited to see Forecastr making its public debut! I am a first-time founder who started my company, Dharma Dr., a little over a year ago. I had no experience with financial modeling at the time and was referred to the Forecastr beta through my network. I can't say enough about how helpful the Forecastr team was in onboarding me and building my first models. They went over the top to ensure I understood the ins and outs of the program as well as helping with the inevitable revisions during the company's early days. Huge congratulations to the Forecastr Team!

Personalized support Onboarding experience Analyst support Custom financial models
D
Dylan Apr 4, 2023
★★★★★

I've spent more time than I'd like to admit on building financial models - first in investment banking, later in a few different startups. I wish I found Forecastr earlier. It's been an incredible tool and and even better team to work with. From the painless white-glove onboarding to creating a fully actionable model, the experience has been fantastic. I find myself actually excited each month closing out our books and updating our model seamlessly, knowing how much time I save. I'd highly recommend Forecastr to anyone that needs to make a model - from startup founders to mature FP&A teams. Excel models are dead, long live Forecastr!

Onboarding experience Responsive team Custom financial models Startup focus
B
Brophy Apr 4, 2023
★★★★★

We started working with Forecastr just after the incorporation of our startup. Nobody in our founding team had any financial background, so we really needed the support. Steven personally joined on as our fractional CFO, and helped us wrap our arms around the business model and forecast from Day 1 -- leveraging the Forecastr platform as the center of our financial universe. A year later, thanks to Forecastr and the work we did with Steven, we were able to raise a $5mm venture capital round. We couldn't have done it without Forecastr.

Personalized support Analyst support Custom financial models Startup focus
S
Shanna Apr 4, 2023
★★★★★

My company, bekome (a mental health e-Commerce startup), started using Forecastr almost a year ago and it's changed the way we see and understand our business! From being able to clearly understand our financial levers, quickly see runway and resulting implications of changes to different parts of our business model, to real time sync up with Quickbooks, Forercastr has been a huge game changer. We are also able to easily create new scenarios to sandbox and test any upcoming ideas. Would recommend for any team!

Financial projections Scenario planning Integration with accounting software
A
Anastasia Apr 4, 2023
★★★★★

I first learned about Forecastr in 2022 during an accelerator program. My startup is early stage/pre-revenue, but we continued to put off more complex financial modeling for a couple reasons 1) that wasn't our background beyond the basics 2) manually doing spreadsheets are a huge pain. But when we heard about Forecastr we signed up ASAP, because the alternatives out there were and still are horrible (build + maintain spreadsheets yourself, hire someone, download templates, etc.). We knew right away Forecastr was seriously an answered prayer! It's been a year since using the product and being partnered with an analyst on their team. Our experience has been nothing short of amazing! Being able to quickly input and analyze everything from planned hires, revenue models, and metrics is a breeze with Forecastr. Whenever anyone asks for a financial modeling resource Forecastr is the only thing I recommend. Also huge shout out to our analyst Nate on the Forecastr team!

Analyst support Custom financial models Startup focus
N
Nick Apr 4, 2023
★★★★★

Love the Forecastr product! I first ran into Logan & Steven at a 5 Across pitch competition in Lexington, KY and have been following their success ever since. When things were moving at warp speed during our Techstars '21 cohort with The Heritage Group, we found a lot of time savings from using Forecastr to build our financial model. Once the integration with QB came out, the value of Forecastr changed drastically for us. The visibility into our forecasted vs. actual financials has been a game changer and Forecastr went from a necessary fundraising tool to a vital part of the success of our business. Also, their approach to onboarding and customer success is unrivaled and enviable. I've never had such a thoughtful onboarding experience for any product and we've even gone so far as to "borrow" some of their tactics for our own onboarding process. I highly recommend this product! Check it out - you won't regret it!

Onboarding experience Custom financial models Integration with accounting software
R
ryan Apr 4, 2023
★★★★★

Congratulations Logan and Steven. I just dug way back in my calendar and saw that Monday, December 9th 2019 was my first meeting with the Forecastr team, back when they had the email addresses @financialmodel.io... Four+ years goes pretty fast. We have a huge audience of startup founders and Steven and Logan were itching to get their "soon to launch" beta in front of some early adopters. It would be more than 2 years before we did our first event together. Between then, however, Logan and Steven updated me every month via email and checked in quarterly with a quick call. They were always sharing progress and addressing setbacks. I could see they were building a company with deliberate intention in an era when hype was ruling the airwaves. Those are the kind of startups I love; the ones in it for the long game and not just the latest hype-cycle. When they were finally ready with their first beta, we were happy to share their efforts and expertise with our founders. Since that first event we've been doing them monthly with all-time-high attendance growing and growing. Every founder I've sent their way has come back with glowing reviews—even if they were not even ready for their product. It's a great product and a better team. They've been spiritually aligned with us from day one: educating and elevating founders is the goal, the software is the details. Congrats again Logan and Steven and see you next week :D

Responsive team Startup focus

Frequently Asked Questions about Forecastr

When did Forecastr become popular?

Forecastr became popular around April 4, 2023.

What are the main advantages of using Forecastr?

The top advantages of Forecastr include: custom financial models, startup focus, analyst support, responsive team, user-friendly interface.

What are the disadvantages of Forecastr?

Some reported disadvantages of Forecastr include: UI could be more intuitive.

What is Forecastr's overall user rating?

Forecastr has an overall rating of 5.0/5 based on 57 user reviews.

What type of tool is Forecastr?

Forecastr belongs to the following categories: Startup financial planning, Fundraising resources.

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