Drivepoint
Drivepoint provides a strategic finance platform for scaling consumer brands, offering comprehensive finance solutions at a fraction of the cost of an internal team.
Company Overview
Drivepoint provides a strategic finance platform tailored for scaling brands. The platform delivers the value of an internal strategic finance team at one-sixth the cost, making it a cost-efficient choice for brands. Trusted by leading omnichannel brands, Drivepoint helps build better forecasts for revenue, expenses, inventory, and cash flow. The service includes scenario planning for creating and comparing unlimited scenarios, and it provides real-time updates on key metrics, accessible on-demand and via Slack and email. Drivepoint's focus is on enabling smarter scaling for consumer brands.
Key Features
Drivepoint's platform includes a variety of features such as demand planning, cohort and LTV modeling, financial modeling, forecasting and budgeting, investor and brand reporting, plan vs actual scorecards, scenario planning, LTV and CAC analysis, subscription optimization, predictive retention modeling, SKU-level inventory forecasting, and wholesale forecasting. The platform integrates with tools commonly used in eCommerce, accounting, and marketing, such as Shopify, QuickBooks, and Amazon, providing a unified source of truth for performance vs. plan via customized dashboards.
Omnichannel Brand Focus
Drivepoint is dedicated to scaling omnichannel brands, particularly those generating a few million in top-line revenue but lacking a complete finance team. Clients typically sell across multiple channels including DTC, Amazon, and wholesale. Drivepoint partners with Muffin Data to enhance wholesale analytics, thus expanding their strategic finance capabilities to provide comprehensive support for omnichannel brands.
Professional Services
Drivepoint offers a two-component service: a software platform tiered according to revenue and professional services. The professional services component includes expert advisory and hands-on-keyboard support. The company does not offer direct accounting services but partners with preferred providers for a comprehensive finance function package. Additionally, Drivepoint provides predictive analytics for data-driven forecasts and embedded services for expert guidance on onboarding, data integrations, dashboard setup, and training.
Client Success Examples
Drivepoint has helped various brands achieve significant milestones. Brands like Oats Overnight, Earth Breeze, Geologie, Branch Furniture, and Guardian Bikes have unlocked more growth, profitability, and cash flow with Drivepoint's strategic finance solutions. For example, Ibex experienced substantial revenue growth, Dose saved time and costs while improving gross margins, and Taste Salud significantly increased sales and cut budgeting costs. Similarly, Earth Breeze leveraged Drivepoint's services to understand customer lifetime value and scale profitably.