Drivepoint, the AI-powered strategic finance platform for consumer brands, announced that it has secured over $9 million in new funding to accelerate product innovation and go-to-market expansion. The total includes a fresh $7 million Series A round led by Vocap Partners along with a previously undisclosed investment raised earlier in 2024. Returning investors Bling Capital, Vinyl VC, and Las Olas Venture Capital and Jefferies' Family Office also participated.

"Drivepoint is rapidly emerging as the default solution for intelligent finance in retail," said Emery Waddell, Partner at Vocap. "The most forward-thinking retail brands are already running their finance operations on Drivepoint. Given the company's track record of innovation, deep consumer brand expertise, and proven ROI for customers, it's only a matter of time before the rest of the industry - including enterprise players - follows suit."

Additional new capital comes from some of the most influential names in consumer and financial software. Good Friends VC, the venture firm founded by the creators of Allbirds, Harry's, and Warby Parker, joined the round, with Allbirds co-founder Joey Zwillinger personally leading the investment.

Their backing brings unmatched credibility in consumer brand building and product-driven operating discipline, and adds to the list of notable consumer founders who have already invested, including Brian Tate, Founder & CEO of Oats Overnight, Jordan Nathan, Founder of Caraway, and Brian Riley, Founder & CEO of Guardian Bikes.

Already fueling smarter financial decisions for breakout brands including Curology, True Classic, and Simple Modern, Drivepoint has rapidly emerged as the leader in strategic finance for consumer brands. The platform combines spreadsheet-native flexibility with deep retail integrations and AI-native forecasting tools, giving finance teams the power to model, plan, and make decisions in real time.

Graza, the popular olive oil company, credits Drivepoint with dialing in automated modeling and forecasting, helping the company achieve record growth across multiple channels with a 1-person finance team. Oats Overnight used Drivepoint's scenario planning capabilities to unlock an additional $4m in EBITDA. And Dose, a leading supplement brand, was able to improve gross margin by 3-5% using Drivepoint to drive forecast confidence and consistency.

"Drivepoint is one of those rare companies that creates an obvious desire to invest," said Joey Zwillinger, Partner at Good Friends and Co-Founder of Allbirds. "I've experienced the problem firsthand as an operator and seen it through the lens of an investor in consumer brands. Drivepoint's blend of AI and human insights gives operators an unrivaled financial understanding, driving efficiency in both inventory and marketing spend. The value this creates showed up in the customer reference checks we did - some of the best I've heard as an investor."