What Clockwork AI does

Clockwork AI is a private SaaS company that delivers an AI-native Financial Planning & Analysis platform targeting small and medium-sized businesses without dedicated finance teams, as well as the accounting firms, fractional CFOs, and outsourced bookkeepers that advise them. Founded in 2017 by former outsourced CFO Fady Hawatmeh and incorporated as Clockwork Technologies, Inc. in Chicago, the company connects directly via API to QuickBooks Online, QuickBooks Desktop, and Xero to automatically generate cash-flow forecasts, 5-year three-statement financial models, scenario analyses, headcount plans, and live dashboards without requiring templates, account mapping, or implementation services. Its flagship AI feature is Mira, a conversational FP&A analyst branded as a sub-product and built on Microsoft Azure infrastructure incorporating OpenAI large language models, capable of running forecasts, building scenarios, and explaining the rationale behind financial outputs in natural language.

The product portfolio spans ten modules (Financial Dashboard, Financial Modeling, Mira AI FP&A Analyst, Headcount Planner, Weekly Cash Flow Forecasting, Balance Sheet Forecasting, Custom Metrics, Smart Alerts, Scenario Planning, and Advanced Reporting) plus payroll integrations with Gusto and Excel compatibility for legacy data. Distribution is product-led with a 14-day free trial requiring no credit card and self-serve onboarding producing a forecast in roughly five minutes, supplemented by a sales-assisted motion for enterprise accounts and a dedicated Firm Plan for accounting practices managing multiple client engagements. The company maintains SOC2 Type II compliance and is the official FP&A partner of Thomson Reuters, with co-marketed webinars and joint events targeting the accounting profession. To date, Clockwork has disclosed approximately $5.55 million in funding across Arch Grants (2019), an unannounced 2020 round, a $2M seed led by Underscore VC (April 2022), and a $3M round led by G20 Ventures with participation from Alumni Ventures, Service Provider Capital, and Underscore VC (November 2023), and it is used by 3,000+ businesses and advisors.

Name

Clockwork AI

Legal name

Clockwork Technologies, Inc.

Website

https://clockwork.ai

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Clockwork AI is an AI-native Financial Planning & Analysis SaaS platform that connects to QuickBooks and Xero to automate cash-flow forecasting, 3-statement modeling, and scenario planning for SMBs and the accounting firms that advise them.

Ownership category

akta.pro rank

Product category

Financial Planning & Analysis (FP&A) Software

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Budgeting & Cash-Flow Management (FSAGADAA)

akta.pro secondary industry

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

Keywords

• Financial planning software
• Cash flow forecasting
• AI FP&A platform
• Financial modeling software
• Accounting software integration

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Subscription SaaS - Business Plan: Monthly or annual subscription for in-house teams that want real-time forecasts, cash flow, and financial visibility. No per-user pricing; all plans include unlimited users.
2. Subscription SaaS - Firm Plan: Designed for accounting firms, advisors, and fractional CFOs managing multiple clients. Scales as firms grow, with white-glove onboarding and partner benefits included.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Clockwork AI is an AI-native, Excel-free Financial Planning & Analysis (FP&A) SaaS platform that connects directly to QuickBooks and Xero to automatically generate cash flow forecasts, 5-year 3-statement financial models, scenario plans, headcount projections, and real-time dashboards. Its flagship feature is Mira, an AI FP&A analyst powered by Azure-hosted large language models that runs forecasts, builds scenarios, and explains the 'why' behind financial numbers. The product is sold on a subscription basis in two plans — Business Plan (for in-house SMB teams) and Firm Plan (for accounting firms and fractional CFOs managing multiple clients).

Product overview

Clockwork AI is an AI-powered Financial Planning & Analysis (FP&A) software platform delivered as a unified SaaS product with multiple integrated modules. The platform connects directly to QuickBooks Online, QuickBooks Desktop, Xero, and Excel to automatically generate cash flow forecasts, financial models, scenarios, and live dashboards without requiring implementation or account mapping. The core product portfolio includes: Financial Dashboard (real-time visualization), Financial Modeling (5-year 3-statement projections), Mira AI FP&A Analyst (conversational AI assistant), Headcount Planner (workforce planning), Weekly Cash Flow Forecasting, Balance Sheet Forecasting, Custom Metrics, Smart Alerts (AI-powered anomaly detection), Scenario Planning, and Advanced Reporting. The platform is offered in two go-to-market solutions: a Business Plan for in-house SMB teams and a Firm Plan for accounting/advisory firms managing multiple clients. All modules share a common data architecture connected to accounting software, with Mira serving as the unified AI interface across all financial analysis capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Mira: AI FP&A Analyst that runs forecasts, builds scenarios, and explains the why behind your numbers. Mira is described as doing the work of a three-person FP&A team at a fraction of the cost.

Products and services

• Financial Dashboard Real-time financial dashboard for QuickBooks and Xero that displays cash position, revenue metrics, and a live financial health score, updating automatically when books sync for SMB operators and finance teams.
• Financial Modeling AI-powered module that builds a 5-year, 3-statement financial model (income statement, balance sheet, cash flow) in minutes without formulas or templates, for SMB operators and accounting firms.
• Mira AI FP&A Analyst Conversational AI FP&A analyst that runs forecasts, builds scenarios, and explains the 'why' behind financial numbers through natural language, performing the work of a three-person FP&A team for SMBs and advisory firms.
• Headcount Planner Workforce planning module that syncs employee details including roles and salaries from Gusto and other payroll systems to produce dynamic 5-year headcount and budget projections for SMB finance teams.
• Weekly Cash Flow Forecasting Weekly cash flow forecast module providing transactional-level visibility into business cash position weeks ahead for SMB operators and accounting firms.
• Balance Sheet Forecasting Forecasting module that projects balance sheet performance, including assets, liabilities, and equity projections, for SMB finance teams.
• Scenario Planning What-if scenario planning module built from transaction data in minutes without templates, enabling SMB operators to model how business changes impact cash flow and financial outcomes.
• Smart Alerts

Quantifiable outcome

• 120 hours saved per month in first month (Reconciled case study)
• +6 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability6 records

Feature7 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• Thomson ReutersflagshipGTM or Marketing PartnerOfficial Thomson Reuters FP&A partner. Joint webinar events hosted featuring Thomson Reuters Senior Partnership Manager Casey Irving. Co-marketing activities including event sponsorship and educational content for accounting professionals.
• Microsoft AzurecoreTechnology or IntegrationAI infrastructure provider powering Clockwork's AI features including Mira. Uses Azure OpenAI Service. Acts as subprocessor for AI-powered functionality.
• OpenAIcoreTechnology or IntegrationLarge language models developed by OpenAI are incorporated via Microsoft Azure for AI-powered features. Clockwork does not use customer data to train or fine-tune models.
• QuickBooksflagshipTechnology or IntegrationPrimary integration partner. Direct connection to QuickBooks Online and QuickBooks Desktop. One-way sync pulls transaction data; Clockwork never changes data in accounting system.
• XeroflagshipTechnology or IntegrationPrimary integration partner. Direct connection to Xero. Enables real-time financial data sync and automated forecasting.
• GustocoreTechnology or IntegrationPayroll integration partner. Clockwork's Headcount Planner integrates with Gusto to sync employee details including roles and salaries for dynamic staffing projections.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Jirav: AI-driven FP&A platform for SMBs and accounting firms with QuickBooks/Xero integrations and financial modeling — explicitly named in Clockwork's materials as the type of solution it outcompetes on ease of implementation.
• Mosaic: FP&A platform for SMBs and mid-market with QuickBooks integrations, scenario modeling, and reporting — competes head-to-head with Clockwork for the same accounting firm and small business segments.
• Fathom: FP&A and reporting tool built primarily for accountants and bookkeepers, integrating with QuickBooks/Xero — overlaps directly with Clockwork's Firm Plan value proposition and SMB advisory workflows.
• LiveFlow: QuickBooks/Xero-native financial reporting, dashboards, and scenario planning — competes with Clockwork on the same SMB cash-flow and reporting use cases.
• Float: Cash flow forecasting and budgeting software for SMBs and accountants with Xero/QuickBooks integrations — direct overlap with Clockwork's weekly cash flow forecasting and scenario planning modules.
• Spotlight Reporting: FP&A and reporting platform built for accountants and bookkeepers with Xero/QuickBooks integrations — competes with Clockwork's Firm Plan for advisory firm wallet share.

Broad incumbents

• Planful: Enterprise FP&A platform with continuous planning, financial close, and analytics — competes upmarket with Clockwork but serves a broader, larger-customer portfolio.
• Vena: Excel-native FP&A and planning platform for mid-market and enterprise — adjacent competitor focused on spreadsheet-driven modeling rather than AI-native workflows.
• Microsoft: Provides the underlying Azure and OpenAI infrastructure powering Mira; Microsoft's Dynamics 365 Finance and Excel/Copilot roadmaps represent a strategic threat and enabling layer simultaneously.

Emerging players

• Dryrun: Cash flow forecasting and budgeting for accountants and SMBs with QuickBooks/Xero integrations — smaller, niche competitor with overlapping cash flow focus.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/clockwork_ai

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds5 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clockwork AI