Budgyt
Budgyt is a bootstrapped cloud-based budgeting and FP&A platform founded in 2013, serving 800+ mid-market businesses and nonprofits with a database-backed alternative to Excel-based budgeting, priced at $399-$499 per month with unlimited users.
- Company typePrivate
- Founded2013
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Budgyt does
Budgyt Inc is a private, bootstrapped cloud-based budgeting and financial planning software company founded in 2013 by James McCoy and headquartered in Dover, Delaware. The platform is purpose-built on a database foundation (rather than layered on top of Excel) to eliminate formula breakage, version-control failures, and circular-reference errors that plague spreadsheet-based budgeting at finance teams of mid-market businesses ($10M-$500M revenue) and nonprofits ($1.5M+ annual expenses). It serves 800+ customer organizations with 4,000+ active users across industries including nonprofit community services, healthcare, faith-based organizations, professional services, construction, manufacturing, and entertainment.
The product is structured around integrated modules: Build for multi-department budget construction with smart allocation formulas and payroll allocation; Analyze for variance analysis with drill-down to transaction detail; Reforecast for rolling monthly forecasts (three months actual plus nine months forecast) and unlimited scenario creation; Visualizations and Reporting for board-ready dashboards and Excel exports. Deep read-only API integrations with NetSuite, QuickBooks Online and Desktop, Xero, Sage Intacct, Microsoft Dynamics 365 Business Central, and xLedger enable automatic import of general ledger transactions, chart of accounts mapping, and multi-entity consolidation. Optional paid add-on modules include Balance Sheet and Cash Flow, Visualizations and Advanced Reporting, Multi-Currency, and Approvals. The platform is hosted on AWS, with developers certified to ISO 27001 and ISO 9001 standards, and supports SSO and multi-factor authentication.
Budgyt generates revenue primarily through annual SaaS subscriptions priced at $399/month ($4,788/year) for nonprofits and $499/month ($5,988/year) for for-profit organizations, both with unlimited users. Revenue is supplemented by monthly add-on module fees, one-time setup and training fees ($1,915-$2,395 per customer), and hourly professional services at $275/hour for advanced consulting. Go-to-market is sales-led and direct: prospective customers book a 30-minute demo, optionally participate in a free pilot where Budgyt builds the customer's real budget, and convert to paid annual subscriptions. The company conducts weekly Zoom demo webinars, maintains strong presence on G2, Capterra, and TrustRadius, and has earned recognition as #1 on TrustRadius for budgeting software, Easiest to Administer on G2, and Best Value on Capterra as of 2026. Leadership includes founder and CEO James McCoy, VP of Business Development Rob Gandee (joined 2017, 1,200+ demos conducted), and CTO Ankit Birla.
Budgyt firmographics
Firmographics- Name
- Budgyt
- Legal name
- Budgyt Inc
- Website
- https://budgyt.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Budgyt is a bootstrapped cloud-based budgeting and FP&A platform founded in 2013, serving 800+ mid-market businesses and nonprofits with a database-backed alternative to Excel-based budgeting, priced at $399-$499 per month with unlimited users.
- Ownership category
- akta.pro rank
Budgyt industry classification
Industry- Product category
- Budgeting and Financial Planning Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Budgeting & Cash-Flow Management (FSAGADAA)
Keywords
Where Budgyt is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Budgyt business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Core SaaS Subscription (For-Profit): Annual subscription for for-profit organizations. Base plan includes unlimited users, budgeting, forecasting, and standard features. Priced at $499/month billed annually ($5,988/year), with optional add-ons.
- Core SaaS Subscription (Nonprofit): Annual subscription for nonprofit organizations at a discounted rate. Base plan includes unlimited users and full feature set. Priced at $399/month billed annually ($4,788/year).
- Add-on Modules: Optional paid add-ons including Balance Sheet and Cash Flow ($149/month), Visualizations and Advanced Reporting ($149/month), Multi-Currency ($99/month), and Approvals ($66/month for profit; $49/month for nonprofits).
- Setup and Training Services: One-time onboarding and training fees: $2,395 for for-profit organizations and $1,915 for nonprofits. Covers initial structure building, historical data import, and training sessions.
- Secondary Setup and Consulting: Charged at $275/hour for large-scale changes to original setup after initial implementation (e.g., chart of accounts changes). Report development billed at $275/hour.
- Advanced Support: Advanced support with access to Budgyt Gurus and customized training available at $275/hour beyond included basic remote training.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | For-Profit Base Plan — Unlimited users, all core budgeting and forecasting features |
| Subscription | Annual | Nonprofit Plan — Purpose-built for nonprofits with grant management and payroll allocation features |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels10 records
Budgyt product offering
Product offeringCore offering
Budgyt is a cloud-based, database-backed budgeting and financial planning platform that replaces Excel-based budgeting for mid-market businesses ($10M–$500M revenue) and nonprofit organizations ($1.5M+ annual expenses). The platform provides multi-department budget construction, rolling reforecasts, scenario planning, variance analysis, and board-ready reporting through a unified subscription product with optional add-on modules for balance sheet/cash flow, visualizations, multi-currency, and approvals.
Product overview
Budgyt is a cloud-based budgeting and financial planning platform built on a database foundation (not Excel) for mid-market and nonprofit organizations. The platform consists of a core unified product with integrated modules: the Build module for multi-department budget construction, the Analyze module for variance analysis, the Reforecast module for rolling monthly forecasts and scenario planning, and a Visualizations & Reporting suite for interactive dashboards and board-ready Excel exports. These core modules are bundled with API integrations, security, and support. Optional add-on modules include Balance Sheet and Cash Flow ($149/month), Visualizations & Advanced Reporting ($149/month), Multi-Currency ($99/month), and Approvals ($49–$66/month). Pricing tiers differentiate between nonprofit organizations ($399/month, $4,788/year) and for-profit organizations ($499/month, $5,988/year), both with unlimited users and a one-time setup/training fee. Budgyt competes on unbreakable formula reliability, unlimited user collaboration, and rapid onboarding (days vs. months) versus both Excel-based tools and enterprise FP&A platforms.
Differentiator
Problem solved
Functional benefit
Companies that use Budgyt
Customer profileNamed customers33 records
Segments5 records
Ideal customer profiles5 records
Budgyt technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature13 records
Budgyt partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- NetSuitecoreDeep read-only API integration with NetSuite. Automatically maps Chart of Accounts hierarchy, departments, dimensions and rollups, then imports General Ledger transactions directly into an Actuals scenario. Supports multi-entity and subsidiary mapping.
- QuickBooks Online & DesktopcoreDeep API integration with QuickBooks Online and Desktop versions. Maps directly to QuickBooks classes and customer structure. For QuickBooks Online, programs and funders carry straight through without remapping. Desktop version integration requires some manual processes.
- XerocoreDeep API integration with Xero. Automatically maps Chart of Accounts hierarchy, departments, dimensions and hierarchies, then imports General Ledger transactions into an Actuals scenario.
- Sage IntacctcoreDeep API integration with Sage Intacct. Automatically maps COA hierarchy, departments, dimensions and rollups. Enables forecasting for entities and dimensions that don't exist in the accounting software yet.
- Microsoft Dynamics 365 Business CentralcoreDeep API integration with Microsoft Dynamics 365 Business Central. Automatically maps COA hierarchy, departments, dimensions and rollups, and imports GL transactions directly into an Actuals scenario.
- Sage IntacctcoreDeep API connection with Sage Intacct. Complete data mapping of Chart of Accounts hierarchy, departments and their rollups, dimensions and their rollups, then import General Ledger transactions directly into an Actuals scenario.
- Sage IntacctcoreDeep API connection with Sage Intacct. Supports GL imports, COA mapping, department rollups, and dimension concatenation across entities and subsidiaries.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Budgyt competitors and assessment
Company assessmentDirect peers
- DataRails: DataRails is an FP&A platform for Excel users, targeting mid-market and SMB finance teams with budgeting, forecasting, and reporting. Explicitly listed by Budgyt as a head-to-head competitor.
- Jirav: Jirav is a cloud FP&A platform for small to mid-market businesses offering budgeting, forecasting, and reporting. Named directly by Budgyt as a primary competitor with feature-by-feature comparisons published on G2.
- Cube Software: Cube is an FP&A platform that integrates with Excel and Google Sheets for budgeting, forecasting, and reporting, targeting a similar mid-market finance buyer. Closely comparable in pricing tier and customer profile.
- Planful: Planful is a cloud financial planning and analysis platform serving mid-market and enterprise customers with continuous planning, budgeting, and reporting capabilities. Comparable product surface, broader target market.
- Martus: Martus is a budgeting and forecasting solution tailored to nonprofit and mid-market organizations, overlapping directly with Budgyt's target verticals. Budgyt publishes dedicated comparison content positioning against Martus.
- Vena: Vena is a leading Excel-native FP&A platform purpose-built for mid-market finance teams. It is Budgyt's most directly named competitor, with Budgyt's own comparison pages highlighting head-to-head feature and pricing differences.
- Mosaic Tech: Mosaic is a strategic finance platform offering budgeting, forecasting, and reporting for growing companies. Targets a comparable mid-market buyer profile with a modern SaaS (non-Excel) architecture.
Broad incumbents
- Anaplan: Anaplan is an enterprise planning platform spanning finance, sales, and supply chain. It serves broader and typically larger customers than Budgyt but competes for the same FP&A budget category.
- Workday Adaptive Planning: Workday Adaptive Planning (formerly Adaptive Insights) is a broad enterprise FP&A suite owned by Workday. It serves larger customers than Budgyt's typical mid-market target but is the de facto enterprise alternative that Budgyt's pricing positions against.
- Prophix: Prophix is a corporate performance management (CPM) vendor offering budgeting, forecasting, and reporting for mid-market and enterprise finance teams. Overlaps with Budgyt's mid-market FP&A positioning.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Budgyt social profiles
Digital presenceBudgyt compliance and trust
Trust signalCompliance3 records
Budgyt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Budgyt leadership team
Management profileNumber of profiles
Profiles3 records
Budgyt funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Budgyt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Budgyt
What does Budgyt do?
Budgyt is a cloud-based, database-backed budgeting and financial planning platform that replaces Excel-based budgeting for mid-market businesses ($10M–$500M revenue) and nonprofit organizations ($1.5M+ annual expenses). The platform provides multi-department budget construction, rolling reforecasts, scenario planning, variance analysis, and board-ready reporting through a unified subscription product with optional add-on modules for balance sheet/cash flow, visualizations, multi-currency, and approvals.
Is Budgyt a public or private company?
Budgyt is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Budgyt founded?
Budgyt was founded in 2013. It employs 11 to 50 people.
Where is Budgyt based?
Budgyt is headquartered in New York, United States, in the North America region.
How does Budgyt make money?
Six revenue lines are on record. Core SaaS Subscription (For-Profit) is the primary driver. The others are core SaaS Subscription (Nonprofit), add-on Modules, setup and Training Services, secondary Setup and Consulting and advanced Support.
Who are Budgyt's main competitors?
Direct peers on record are DataRails, Jirav, Cube Software, Planful, Martus, Vena and Mosaic Tech. Broad incumbents are Anaplan, Workday Adaptive Planning and Prophix.
Does Budgyt have an API?
Yes. Deep read-only API connections that import General Ledger transactions, map Chart of Accounts hierarchies, departments, dimensions, and hierarchies, and enable forecasting for all entities — including those that do not yet exist in the accounting software. Supports monthly actual updates, multi-entity consolidation, grant-funded operations, and rolling forecast updates. Connections are read-only to maintain data integrity — Budgyt never modifies source accounting data. All data hosted on AWS with database isolation per customer.
What industry is Budgyt in?
Budgyt's product category is Budgeting and Financial Planning Software. Its primary akta.pro industry code is FSAGADAA, Budgeting & Cash-Flow Management. Its NAICS code is 5132 and its SIC code is 7372.