Spend Less Time on Finances, More on Growth Strategies
The product sets itself apart from the competition with its wide range of easy-to-use tools that allows founders to seamlessly create, visualise and share a financial model in minutes instead of wasting time with tricky spreadsheets and other external resources. Spreadsheets are error-prone, lack collaboration and require advanced knowledge to master. With a better grip on their financial planning, startups can focus more time and energy on building their companies.
Among the biggest draws to Canaree’s premium service is the expert feedback it offers to entrepreneurs. Many founders require financial advice or help build a model, but the cost can be out of reach. Canaree has addressed this with a built-in automated advice feature that recommends how to improve unit economics and churn rates as you go along. They can also book a remote session with one of our expert financial advisors if more pressing financial questions come up – within the product offering at no extra cost.
The founding trio named the company Canaree because canaries are known to be good companions to humans, and that’s what the company wants to be for entrepreneurs. In their words, “they want to be companions for startups; they want to see them succeed.”