Cube Software Strengths, Domain Expertise, and Key Differentiators
Cube's key differentiator lies in its spreadsheet-native approach to FP&A. By integrating FP&A automation and workflows into widely used tools like Excel and Google Sheets, the platform enables strategic finance teams to build multi-scenario plans, track performance, and drive business decisions seamlessly. Cube's domain expertise and deep understanding of financial planning empower organizations across various sectors, from small startups to large publicly traded companies.
Cube Software Recent Developments
Cube's Annual Recurring Revenue (ARR) has experienced remarkable growth, soaring five times or 400% over the past year. This success can be attributed to their ability to onboard new customers such as Acorns, Hinge Health, Masterworks, Truepill, and Wealthfront. The company's focus on providing a spreadsheet-native FP&A platform that seamlessly integrates with familiar tools like Excel and Google Sheets has gained significant attention and traction.
Cube Software Mergers and acquisitions (M&A) Activities
Cube's journey in the market has been supported by strategic funding rounds. In June 2022, the company successfully raised $30 million in a Series B funding round led by Battery Ventures. Existing backers Mayfield Fund, Bonfire Ventures, and Operator Collective participated, along with new strategic investor GTMfund. With this latest round, Cube has secured a total funding amount of $45 million since its inception in 2018.
Cube Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Cube Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Cube Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Cube customers.
Cube Software Overview
Ownership: - Battery Ventures, Mayfield, Bonfire Ventures, OperatorCollect, GTMfund
Number of Employees: 180
Functional Market: Workforce Analytics,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Cube Software Key Cloud and HCM Applications
Cube
Cube Software HCM and Cloud HCM Applications Revenues, $M:
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Cube Software Revenue Breakdown by Type:
Cube Software HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Cube Software HCM Applications Revenues By Verticals, $M:
Cube Software Total and HCM Applications Revenues by Region:
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
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Cube Software Direct vs Indirect sales
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Type % | Subscribe | Subscribe | Subscribe |
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Cube Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Cube Software Customers
No. of Cube Software Customers: x
No. of Cube Software HCM Applications Customers: x
No. of Cube Software Cloud HCM Customers: x
No. of Cube Software Cloud HCM Subscribers: x
Cube's growing customer base showcases its appeal across diverse industries. The company caters to organizations of all sizes, from startups to large enterprises. Among Cube's esteemed customers are Masterworks, SmugMug, Unqor, WizeHire, and 1Rockwell. The reference wins from these established brands highlight the trust and value Cube brings to their financial planning and analysis processes. While specific customer numbers are undisclosed, Cube's ability to attract such prominent names emphasizes its market presence and potential.
Cube Software Market Opportunities, M&A and Geo Expansions
Cube's sector-agnostic approach opens up significant market opportunities on the vertical level. As the need for efficient financial planning and analysis continues to grow, Cube's expertise and product portfolio position it to capitalize on this demand. Moreover, new investments and funding rounds will enable Cube to enhance its offerings and explore emerging markets, expanding its customer reach and market share.
Cube Software Risks and Challenges
In an industry marked by competition, Cube faces both internal and external risks. The presence of established legacy players like IBM Cognos, Anaplan, and Adaptive Insights necessitates constant innovation and differentiation. Maintaining a strong competitive edge in a market that also relies on traditional spreadsheets poses a challenge. Cube must continuously enhance its platform, address customer needs, and stay ahead of evolving market trends to mitigate these risks effectively.
Cube Software Ecosystem, Partners, Resellers and SI
Cube's ecosystem plays a crucial role in its success. The company leverages a network of Technology integrations. Collaborations with these stakeholders enable Cube to deliver comprehensive solutions to customers and provide seamless integrations with various ERP, CRM, HRIS, or BI platforms. By fostering strong relationships within its ecosystem, Cube creates network effects that enhance its offerings and strengthen its position in the market.
Cube Software Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Cube Software Public Cloud and Infrastructure (IaaS)
- Cube Software Platform (PaaS)
- Cube Software Application Delivery
- Cube Software Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
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