DrivePoint, the AI-powered strategic finance platform tailored for consumer brands, has raised over $9 million in funding. This includes a $7 million Series A round led by Vocap Partners, building on a previously undisclosed financing from earlier in 2024. The round also saw participation from returning investors—Bling Capital, Vinyl VC, Las Olas Venture Capital, and Jefferies’ Family Office—as well as new backing from Good Friends VC, the venture firm founded by the creators of Allbirds, Harry’s, and Warby Parker. Notably, Allbirds co-founder Joey Zwillinger led the investment on behalf of Good Friends VC.

DrivePoint empowers finance teams at brands like Curology, True Classic, and Simple Modern through a platform that blends spreadsheet-native flexibility with AI-enhanced forecasting and real-time insights. Brands such as Graza, Oats Overnight, and Dose have reported tangible business improvements using DrivePoint—like record sales, $4 million in unlocked EBITDA, and 3–5% margin increases, respectively.

The new capital will fuel further development in AI capabilities—particularly in forecasting, variance analysis, and decision intelligence—and expand go-to-market efforts to meet growing demand from mid-market and enterprise clients.

CEO and co-founder Austin Gardner-Smith emphasizes the impact of DrivePoint on customer success, noting that clients typically see a 6.7% increase in EBITDA in their first year, highlighting the platform’s potential to drive meaningful financial outcomes for retail brands.