Adaptive Planning

Adaptive Planning was founded in 2003 to revolutionize how software applications are provided to business. Delivering on the new paradigm, software-as-a-service, Adaptive Planning’s initial offering is an on-demand budgeting, forecasting, reporting and analytics solution that enables businesses of all sizes to plan and mange their financial performance in a distributed and yet secure manner. Initially attractive to small to mid-size companies for its ease of use, it enables them to move beyond spreadsheets to a full-featured planning solution for 1/5 the cost of traditional enterprise planning applications. Delivered as a service over the web, Adaptive Planning solution includes world class hosting, support, training, and application upgrades for a low monthly subscription fee.

Monitor Ventures lead the Series B round of financing, joined by Series A investor Onset Ventures. Jerry Engel is on the Board of Directors.

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For additional information about Adaptive Planning go to: www.adaptiveplanning.com.