XLerant is a software solutions company that builds and implements innovative, practical, and incredibly powerful corporate budget preparation software for mid-sized and large organizations, energizing a 'Culture of Budget Accountability' among users. The company serves clients in several industries, including higher education. XLerant's premiere budgeting and planning application, BudgetPak, replaces spreadsheet-based budgeting and provides maximum user flexibility and financial controls. Improved communication, greater ownership of the numbers and increased transparency enables companies to better manage financial performance throughout the fiscal year.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
01/24/12 | $3,000,000 | Series B |
Chrysalis Ventures Connecticut Innovations | undisclosed |