CashRocket

CashRocket is a fintech startup developing a Predictive Cash Flow Analytics SaaS
Website

Founded in 2016 by

  • Nicolas Kramer

  • Amir Piltan

Incubation period

01-07-2016 to 01-11-2017

Alumni

About CashRocket

CashRocket develops a Predictive Cash Flow Analytics SaaS - using ESA's artificial intelligence - that enable real-time monitoring and forecasting on the key cash flow drivers.
 

Contact info

The challenge

Research on the reasons for bankruptcy of small and medium sized businesses point to one primary cause: Poor cashflow management. Yet, SMEs, banks and accountants keep using spreadsheets as their primary cash flow modeling and management tool: A method that is manual, very error-prone, and - most important - lacks any real-time and data-driven intelligence.

The solution

CashRocket makes the cash flow management process "automated" and its forecasting "smart" through real-time connections to banks transactions, accountancy and CRM packages; and space technology driven artificial intelligence. One of the key features of the tool - enabled by this artificial intelligence - is easy-to-use “what-if” scenarios enabling companies to simulate the impact of business decisions on their future cash flow and KPIs.