Vocap leads new investment; joined by founders of Allbirds, Harry’s, and Warby Parker via Good Friends VC, and existing investors Bling Capital, Vinyl VC, Las Olas and Jefferies Family Office
BOSTON, Aug. 13, 2025 /PRNewswire/ — Drivepoint, the AI-powered strategic finance platform for consumer brands, announced today 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.”
The company will use the new funding to double down on AI product development in forecasting, variance analysis, and decision intelligence, and to scale its go-to-market efforts as demand from mid-market and enterprise brands accelerates.
“This milestone validates our vision and the results we’ve been able to deliver for our incredible customers,” said Austin Gardner-Smith, Drivepoint CEO and Co-Founder. “On average, Drivepoint customers see 6.7% gains in EBITDA in their first year on the platform, which can unlock massive enterprise value for a retail brand. This capital will let us scale those outcomes and help even more brands grow with clarity and confidence.”
About Drivepoint
Drivepoint is an intelligent finance platform built for consumer and retail brands. From high-growth startups to category leaders, Drivepoint helps finance teams unify their data, model their business, and drive better decisions—without rebuilding their workflows. Brands using Drivepoint report faster planning cycles, smarter investments, and significant gains in profitability and valuation. https://www.drivepoint.io/
About Vocap Partners
Vocap is a growth equity firm focused on B2B software companies. With deep operating and investing experience in vertical SaaS and AI, Vocap takes an active approach to helping founders build enduring, capital-efficient companies.
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SOURCE Drivepoint
