Drivepoint

Drivepoint

Technology, Information and Internet

Boston, MA 5,367 followers

The strategic finance platform for scaling consumer brands.

About us

Drivepoint offers the only strategic finance platform purpose-built for scaling consumer brands. Oats Overnight, Curology, immi, Graza, Simple Modern, Earth Breeze, Branch, Dose, and more rely on Drivepoint to make smarter, data-driven capital allocation decisions that accelerate growth and increase profitability. Through modern financial modeling, forecasting, and reporting technology, Drivepoint delivers world-class strategic finance at 1/6 the cost of an internal FP&A team.

Industry
Technology, Information and Internet
Company size
11-50 employees
Headquarters
Boston, MA
Type
Privately Held
Founded
2021
Specialties
DTC, eCommerce, Finance, Data, Forecasting, Modeling, Analytics, SaaS, and FP&A

Locations

Employees at Drivepoint

Updates

  • View organization page for Drivepoint, graphic

    5,367 followers

    🚀 Ready to build your future-proof finance stack? Don’t miss Drivepoint CEO Austin Gardner-Smith and Confido Founder Justin Hunterer on a live webinar on November 6, 2 PM ET! Register here 👇

    View profile for Austin Gardner-Smith, graphic

    Co-Founder, CEO at Drivepoint

    Is your brand looking to future-proof its approach to finance? ⚠️ With 2025 on the horizon, the time to reevaluate the core components of your finance stack is now ⚠️ On November 6, Confido Founder Justin Hunter and I will dig deep into how brands can identify and construct a finance stack that supports their continued growth. In this live webinar, we'll cover: 1️⃣ The key stages of finance strategy and technologies 2️⃣ What leading brands prioritize at every stage of their business 3️⃣ The most effective tools for optimizing cash flow, margins, reporting, and profitability + understanding how they interact 4️⃣ How to prepare your business for financial growth and sustainability in 2025 and beyond You won't want to miss this one. Secure your spot below! https://lnkd.in/dpk-g_wm

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  • View organization page for Drivepoint, graphic

    5,367 followers

    Founders and CEOs of growing brands, does this sound familiar? You've locked in your 2025 budget, crunched the numbers, and set ambitious goals. But there's one nagging issue... Forecasting isn't always as accurate as it should be. 📉 You've done the work, but when forecasts don't line up with reality, it can lead to missed opportunities, strained negotiations with suppliers, and unpredictable gross margins. But here's the good news: With Drivepoint, founders and CEOs like you are achieving 98% forecast accuracy 📊, so your numbers and foresight into your finances are rock solid. Take it from companies like Oats Overnight, Slumber Cloud, Laundry Sauce, Dose Daily, Graza, and others. They've gained more control over their margins, boosted negotiating power with suppliers 💪, and added millions to their profits—all because they can now forecast and plan with confidence. Accurate forecasting isn't just about looking good on paper. It's about securing the future of your brand and making informed decisions that scale your business. 🚀 Curious how they're doing it? Check out our latest update here: https://lnkd.in/e8rwqyAE

    Drivepoint | Integrated Forecasting & Reporting for All Channels: Your Guide to Drivepoint’s 2024 Releases

    Drivepoint | Integrated Forecasting & Reporting for All Channels: Your Guide to Drivepoint’s 2024 Releases

    drivepoint.io

  • Drivepoint reposted this

    View profile for Austin Gardner-Smith, graphic

    Co-Founder, CEO at Drivepoint

    Our team demo'd something on Friday that blew my socks off. Codename: Project Raptor. (Because if you can't have awesome code names for software projects, what are you even doing???) So...what is it? About a year ago I put together this slide to help illustrate what the future of strategic finance might look like. The idea was pretty simple: Today, even with a great toolkit, humans have to do most of the work of *thinking* up the scenarios to run, then using their tools to run those scenarios, then comparing to outputs to find the winners. Tomorrow, you'll wake up to an email from a finance agent of sorts who has been busy all night running scenarios on your behalf with the latest data and cherry-picking the best ones for you to consider putting into action. Project Raptor makes this vision *very* real. In the same way you might be using ChatGPT to write a great draft of your blog post, you'll be using Project Raptor to build a great draft of your next Annual Budget, along with all the sensitivities and cases you might want to explore. It's going to be freakin' awesome. Can't wait to share more soon...DM me or drop a comment if you're interested in getting involved as a beta tester :) HUGE shoutout to Derek Y. the entire Drivepoint engineering team for blowing me and the rest of the team away.

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  • View organization page for Drivepoint, graphic

    5,367 followers

    As the year comes to a close, we’ve been seeing some incredible wins at Drivepoint 🚀 Here’s what went down in Q3 👇

    View profile for Austin Gardner-Smith, graphic

    Co-Founder, CEO at Drivepoint

    Q3 was one for the books at Drivepoint 🚀 We’re expanding very quickly, and the team has been hard at work building a GTM strategy that can keep up with our stride. Here are some highlights: ✅ New talent The amazing Gabe Dickens joined us as our new Demand Generation Manager + we’re currently onboarding a new sales lead. ✅ Product updates Over the past few months, we’ve improved our wholesale integration with granular forecasts + improved Amazon support. We also added N-Day LTV reports and subscription program tracking. ✅ Community building Hosted an executive boat cruise along the Hudson River, bringing together 50 members of the eCommerce community. The best part? Almost nobody got seasick. ✅ Retention wins We’ve absolutely shattered our retention goals for 2024, with many customers renewing for 24-month terms or longer. One customer even extended their contract through 2027 💪 Check out the full Q3 recap on our blog: https://lnkd.in/eynTXdCi

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  • View organization page for Drivepoint, graphic

    5,367 followers

    🎃 Ever wonder why Halloween has become such a favorite among retailers? It's not just about the candy and costumes; it's a strategic opportunity for financial growth. Let's dive into why Halloween—is a goldmine for omnichannel brands. 👻 🛍️ Consumer Spending Surge: Retailers love Halloween because it triggers a spending frenzy, from costumes to home decor. This seasonal spike provides an opportunity for brands to significantly boost their Q4 revenues. 📈 🔄 Omnichannel Opportunities: Halloween shopping isn't just confined to brick-and-mortar stores. The rise in online shopping means brands can capitalize on digital channels to reach a broader audience. Optimizing both online and offline presence is crucial for capturing the full market potential. 💻 🧠 Brand Engagement: Halloween campaigns offer creative avenues for brands to engage with their audience. From themed marketing to limited-time offers, engaging storytelling can drive consumer interest and loyalty. 🎯 By leveraging strategic finance, a brand can forecast sales trends and allocate resources efficiently. Scenario planning allows the brand to prepare for varying demand levels, ensuring they have the right inventory and marketing budget in place. 📉📈 By evaluating past Halloween performances and market conditions, brands can make informed decisions that lead to sustainable growth. 💡 🎯 As omnichannel brands gear up for Halloween and similar seasonal opportunities, strategic financial planning becomes a must-have tool for enhancing revenue and operational efficiency. Ready to transform your business? Visit Drivepoint.io to explore our strategic finance platform tailored for scaling your brand. 🚀 #halloween #CPG #brand #finance #strategy

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  • View organization page for Drivepoint, graphic

    5,367 followers

    What’s the most difficult side effect of growth? Managing complex financial models. Here’s how Laundry Sauce makes it easy with Drivepoint 👇

    View profile for Austin Gardner-Smith, graphic

    Co-Founder, CEO at Drivepoint

    Laundry Sauce wanted to level up its FP&A the way it transformed the laundry experience from mundane to extraordinary ✨ When the brand's sales revenue hit eight figures within its first two years of operation, its financials grew increasingly complex. CEO Ian Blair initially outsourced FP&A work to a fractional CFO, but their models lacked the nuance needed to forecast financial scenarios accurately. As the brand continued to scale, Ian knew he needed a strategic finance platform to support this momentum and responsibly manage his growing revenue stream. That's when he met Drivepoint 🤝 Drivepoint helps Laundry Sauce: ✅ Consolidate all its financial data into a central hub for effortless analysis. ✅ Accurately predict the downstream financial impact of its biggest revenue drivers. ✅ Summarize Ian's findings in monthly snapshots, which he can present to investors. Best of all, the Laundry Sauce team enjoys all these benefits without any heavy lifting — or the need for a fractional CFO. Get the details in the full case study here: https://lnkd.in/ex2Vmvxw

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  • View organization page for Drivepoint, graphic

    5,367 followers

    📢 Building a corporate-sized finance team won’t help your brand scale—here’s what will. If you’re a CEO, CFO, or Founder of a growing consumer brand, you might think that managing your forecasts, inventory, and budgets means building a large pyramid-structured financial team, just like the corporate giants do. It sounds like the best move, right? ♟️ Here’s the reality: for brands between $1M and $20M, there’s a better way. Instead of siloing off functions and adding layers of complexity, you could be using Drivepoint’s FP&A platform, designed specifically for consumer brands looking to hit hyperdrive. Here’s what it can do: ↳ Our proprietary Drivepoint SmartModel enables 98%+ forecasting accuracy. ↳ Strategically plan for fundraising, retail expansion, and more—all with white-glove support. ↳ Sync your data across accounting, marketing, retail, and online sales channels in minutes. ↳ Get a fully functioning model in just 1 month (seriously). Your investors will love you. ↳ Reduce manual syncing and reporting delays so you can focus on making data-driven decisions. ↳ With Drivepoint, you cut the complexity and stay nimble—so you can grow faster. Ready to think differently about scaling? Visit us at Drivepoint.io P.S. Ever thought you needed a corporate-sized finance team to succeed as a brand? It’s time to become tech-empowered. 📊 Repost this if you know a brand that could benefit!

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  • View organization page for Drivepoint, graphic

    5,367 followers

    Is your brand looking to profitably scale operations? Make sure you get the timing right with these insights from our favorite breakfast brand 👇

    View profile for Austin Gardner-Smith, graphic

    Co-Founder, CEO at Drivepoint

    Cost-efficient moves don’t always pay off ❌ A well-timed cash sink can be the difference between crushing your sales goals for the year and simply keeping pace with the competition. Take Oats Overnight as an example. They needed a larger facility for their delicious, nutrient-packed breakfasts but were hesitant to pull the trigger due to looming upfront costs. To identify the perfect time for this high-return investment, they partnered with Drivepoint 🤝 Drivepoint’s data-driven forecasts revealed the expansion would help the brand take advantage of the upcoming Q4 peak season. The team was on their way to realizing a massive $4M EBITDA increase overnight. The team proceeded with investing in the new facility and was able to scale production just in time for Q4. They saw their margins soar, which quickly covered the costs of fast-tracking their expansion. Plus, Drivepoint helped them achieve these results: ✅ 98% forecasting accuracy ✅ $20M Series A Round fundraise Check out the full case study here: https://lnkd.in/gPhbxHHD

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  • View organization page for Drivepoint, graphic

    5,367 followers

    Just read an awesome piece about BODYARMOR Sports Nutrition's CMO, Thomas Gargiulo, and how AI is reshaping the future of hydration. 💧 As brands aim for growth and efficiency, strategic finance offers a roadmap to navigate these dynamic shifts. Let's dive into the highlights. 🤖 AI Meets Hydration: Gargiulo discusses how AI is revolutionizing BODYARMOR’s approach to marketing and athlete partnerships. By leveraging AI, the brand can personalize consumer experiences and optimize marketing spend. 📈 🏋️♂️ Athlete Partnerships: Athletes are not just endorsers but collaborators, providing authentic insights into product development and marketing strategies. 💡 Future of Hydration: With AI-driven insights, BODYARMOR is poised to anticipate trends and consumer needs. 🤝 Strategic finance offers the tools to scenario-plan for various future market conditions, enabling brands to pivot swiftly without compromising financial health. 🚀 It can also support these initiatives by forecasting ROI on partnerships, ensuring optimal investment and alignment with business goals. Imagine BODYARMOR Sports Nutrition using strategic finance to evaluate potential AI investments. 🤔 By forecasting potential returns and simulating various market scenarios, they can determine the optimal level of investment that aligns with their growth objectives. For omnichannel brands aiming to scale, understanding and implementing strategic finance can unlock new avenues for growth, enhance operational efficiency, and ensure long-term success. 📊 Ready to supercharge your brand's financial strategy? Discover how Drivepoint can help you navigate these opportunities. Visit us at Drivepoint.io to learn more! 💼📈 #strategicfinance #forecasting #CPG #brands #Drivepoint

    • BodyArmor
  • View organization page for Drivepoint, graphic

    5,367 followers

    In this piece, we break down how cross-functional planning empowers more informed, reliable financial decisions. Want to learn more? Matt breaks it down here:

    View profile for Austin Gardner-Smith, graphic

    Co-Founder, CEO at Drivepoint

    Is your brand on the fast track to scale? If so, buckle up — because inter-departmental competition for funds will be fierce 🤑 You must consider each department’s case and weigh the potential ROI of each opportunity. Making the wrong choice could impede growth or, worse, stifle cash flow. In our latest guide, Matt Weiler, founder of Second Star Ventures and interim CEO of Wells Group of New York, shares five key strategies to effectively drive DTC growth with cross-functional strategic finance: 1️⃣ Balance your investment between initiatives with measurable ROI and activities with less quantifiable but high long-term value. 2️⃣ Always consider the measurability, probability, and reversibility of your risks. 3️⃣ Prioritize customer experience in your financial planning — from upgrading your supply chain to ensuring adequate stock levels. 4️⃣ Ensure positive ROI on every initiative by evaluating how CAC payback periods affect LTV. 5️⃣ Use Drivepoint to turn financial data into actionable insights that support your cross-functional finance decisions. For more, check out the full guide: https://lnkd.in/gXc-f_5x

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