Modano
Modano (Modano Pty Ltd, Melbourne) operates a cloud-based modular content management system for financial modeling, delivered as an Excel add-in that integrates with major accounting/ERP platforms to automate 3-way forecasting for CFOs, FP&A teams and advisors worldwide.
- Company typePrivate
- Founded2002
- HeadquartersMelbourne, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Modano does
Modano is a Melbourne-based, private SaaS company that operates a cloud-based modular content management system for financial modeling, delivered as a Microsoft Excel add-in that runs in the browser. The platform enables finance professionals — financial controllers, CFOs, FP&A teams, advisors and accountants — to assemble integrated 3-way financial models (income statement, balance sheet, cash flow) from pre-built driver modules rather than building each model from scratch. It connects natively to nine major accounting and ERP platforms (Xero, QuickBooks, MYOB, MYOB Advanced, Microsoft Dynamics/Business Central, Oracle NetSuite, Sage, Sage Intacct and Wiise) to automate month-end roll-forward, and supports multi-entity consolidations with inter-company eliminations and multi-currency reporting, driver-based forecasting, scenario/sensitivity analysis and PDF reporting packs.
The portfolio covers six solution products — Forecasting, Cash Flow Forecasting, Financial Modeling, Scenario Analysis, Consolidations and Budgeting & Planning — augmented by a Certified training program, contextual video resources, and advanced customization services delivered by an in-house team of investment bankers, CPAs and CAs. Modano monetizes through two principal streams: (i) quote-based business subscriptions (Enterprise Edition) where pricing scales with company size and complexity, with DIY and done-for-you options; and (ii) a pay-per-model pricing model for advisors who build models for clients while accessing the platform and support at no extra cost. A free Community Edition and 14-day Trial Edition serve as the product-led growth acquisition layer.
The customer base spans global enterprises (Pfizer, EY, BDO, Pitcher Partners, Mirvac, 7-Eleven, Penfolds, Vale, Straight Bat PE), advisory firms (BlueRock) and growth-stage businesses (CorePlus) across at least 21 countries. The business is bootstrapped, incorporated as Modano Pty Ltd in Victoria, Australia, claims 30,000+ financial models built over 20+ years, an 8.5-year average customer relationship, and management originates from former global top-tier investment banks and advisory firms. No public revenue, funding, M&A or leadership-change data is disclosed.
Modano firmographics
Firmographics- Name
- Modano
- Legal name
- Modano Pty Ltd
- Website
- https://modano.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Modano (Modano Pty Ltd, Melbourne) operates a cloud-based modular content management system for financial modeling, delivered as an Excel add-in that integrates with major accounting/ERP platforms to automate 3-way forecasting for CFOs, FP&A teams and advisors worldwide.
- Ownership category
- akta.pro rank
Modano industry classification
Industry- Product category
- Financial Modeling Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Pricing, Revenue & Commercial Analytics (BPAHALAM)
- akta.pro secondary industry
- Data App Builders (Forms, Portals & Internal Tools) (HDAEAKAK)
Keywords
Where Modano is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Modano business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Business Subscriptions: Subscription pricing for businesses based on the size and complexity of the business. Pricing differs based on whether the customer wants to do it themselves or have Modano do it for them. Contact sales for specific pricing.
- Advisor Pay-Per-Model Pricing: Pay-per-model pricing for advisors ensures that the firm pays only for the models they build for their clients. Advisors get access to Modano, financial modeling training resources, and technical support at no cost, paying only per model built.
- Community Edition (Free): Free community edition allowing users to experience the functionality and features of Modano before purchasing a subscription. Used as a lead generation and trial mechanism.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Business subscription tailored to financial modeling requirements |
| Subscription | Pay-as-you-go | Pay-per-model advisory pricing |
| Freemium | Monthly | Community Edition (Free) |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Modano product offering
Product offeringCore offering
Modano sells a cloud-based Microsoft Excel add-in that acts as a modular content management system for financial modeling, enabling businesses and advisors to build and maintain 3-way financial models (income statement, balance sheet, cash flow) from accounting data. The platform is distributed through a free Community Edition, a 14-day Trial, and a paid Enterprise Edition sold via subscription to businesses and via pay-per-model pricing to advisors.
Product overview
Modano is a cloud-based financial modeling platform built as a Microsoft Excel add-in, operating as the world's only modular content management system (CMS) for financial modeling. The platform offers a portfolio of six core solution products: Forecasting, Cash Flow Forecasting, Financial Modeling, Scenario Analysis, Consolidations, and Budgeting & Planning. These solutions are powered by interconnected platform components including the Modano Excel Add-in, Content Libraries (pre-built modular financial model components), CONNECTIONS (live accounting package integrations), and Registered Models. The core product enables driver-based 3-way financial modeling (income statement, balance sheet, cash flow) built directly from accounting package data with automated month-end roll-forward. Add-on services include Online Training, Video Resources, and Advanced Customizations. The platform is available through Community Edition (free tier), Trial Edition (14-day evaluation), and Enterprise Edition (paid subscription), with separate pricing models for businesses and advisors.
Differentiator
Problem solved
Functional benefit
Products and services
- Forecasting A flexible forecasting module that helps businesses understand past and future financial performance with driver-based projections, industry-specific analysis, and complete balance sheet, cash flow, and income statement forecasts. Built for finance teams and business leaders needing forward-looking financial clarity.
- Cash Flow Forecasting Delivers high-quality cash flow statement projections within a 3-way financial model, with detailed balance sheet and working capital analysis reflecting timing differences between P&L accruals and actual cash flow. Targeted at FP&A and strategic planning teams.
- Financial Modeling An integrated 3-way financial model built and maintained directly from accounting package data, using driver-based forecasting to create income statement, balance sheet, and cash flow projections. For finance teams seeking to eliminate manual spreadsheet overhead.
- Scenario Analysis Add-on module for 3-way financial models that enables 'What if?' analysis through scalable scenarios, sensitivity analysis on any input variable, and side-by-side comparison of multiple forecast outcomes. For businesses exploring decisions, transactions, or strategic options.
- Consolidations Enables consolidation of multiple entities in a rolling 3-way financial model with inter-company eliminations and multi-currency support, providing pro-forma financials at the group level. For groups, holding companies, and multi-entity operators.
- Budgeting & Planning Comprehensive rolling budgeting and planning solution powered by a 3-way financial model, enabling comparison of actuals vs. budget vs. forecasts with automated roll-forward and accounting package integration. For finance teams running annual budgets and rolling forecasts.
- Modano Enterprise Edition Full-featured subscription version of Modano providing complete access to all financial modeling capabilities, content libraries, and support services. Sold via quote-based pricing tailored to business size and complexity, with DIY or done-for-you options.
- Modano Community Edition
Quantifiable outcome
- 85% less time building and maintaining models compared to manual spreadsheets
- +4 more outcomes
Companies that use Modano
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles4 records
Modano technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature7 records
Modano partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- XerocoreXero is one of the supported accounting package integrations. Users can connect their Xero accounting data directly into their Modano financial model for automated updates and real-time insights.
- QuickBookscoreQuickBooks is one of the supported accounting package integrations. Users can connect their QuickBooks accounting data directly into their Modano financial model.
- MYOBcoreMYOB is one of the supported accounting package integrations. Users can connect their MYOB accounting data directly into their Modano financial model.
- Oracle NetSuitecoreOracle NetSuite is one of the supported accounting package integrations for ERP connectivity.
- Microsoft DynamicscoreMicrosoft Dynamics is one of the supported accounting package integrations.
- SagecoreSage is one of the supported accounting package integrations.
- Microsoft Business CentralcoreMicrosoft Business Central is one of the supported accounting package integrations.
- Sage IntacctcoreSage Intacct is one of the supported accounting package integrations.
- WiisecoreWiise is one of the supported accounting package integrations.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Modano competitors and assessment
Company assessmentDirect peers
- Vena Solutions: Vena is an Excel-native FP&A and budgeting platform that uses pre-built templates and integrations with accounting/ERP systems. It is the closest direct comparable to Modano in combining spreadsheet familiarity with structured financial modeling workflows.
- Cube Software: Cube is a FP&A platform purpose-built to live inside Google Sheets and Excel, offering connected financial models, scenario planning, and native integrations with accounting systems — directly comparable to Modano's spreadsheet-CMS positioning.
- Pigment: Pigment is a modern, AI-enabled business planning platform for forecasting, scenario modeling, and consolidations. It targets the same finance leader buyer as Modano and competes for the same FP&A workload, albeit with a browser-native rather than Excel-first UX.
- Mosaic Tech: Mosaic is a cloud-native FP&A platform focused on financial planning, analysis, and reporting for growing businesses. It overlaps with Modano across budgeting, forecasting, and consolidations for mid-market and PE-backed companies.
- Fathom: Fathom provides financial analysis, reporting, and forecasting tools for accountants and advisors, with strong accounting package integrations. It is highly comparable to Modano's advisor-facing offering and target customer base of accounting and advisory firms.
- Jirav: Jirav is a cloud FP&A platform combining budgeting, forecasting, and reporting with accounting integrations. It targets the same mid-market finance teams and advisors that Modano serves, with comparable 3-way modeling and scenario analysis features.
Broad incumbents
- Anaplan: Anaplan is an established enterprise planning platform covering FP&A, sales, and workforce planning at large scale. It competes with Modano for enterprise finance team workloads, though it is far broader and more expensive than Modano's focused modeling proposition.
- Workday Adaptive Planning: Workday Adaptive Planning is a cloud FP&A suite bundled with Workday's broader enterprise software stack. It targets the same finance planning use cases as Modano at larger enterprises, but with a much broader footprint and price point.
- Oracle Hyperion Planning: Oracle Hyperion is an enterprise EPM/FP&A suite used by large corporates for planning, budgeting, and consolidations. It overlaps with Modano's enterprise forecasting and consolidations capabilities, but as part of a much broader Oracle stack.
Emerging players
- Float (cash flow forecasting): Float is a cash flow forecasting app for SMBs and accountants, integrating with Xero, QuickBooks and Sage. It overlaps with Modano's cash flow and SMB forecasting use cases but with a lighter scope and consumer/SMB positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Modano social profiles
Digital presenceModano financial estimates
Financial estimateRevenue estimate
Valuation estimate
Modano leadership team
Management profileNumber of profiles
Modano funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Modano 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 Modano
What does Modano do?
Modano sells a cloud-based Microsoft Excel add-in that acts as a modular content management system for financial modeling, enabling businesses and advisors to build and maintain 3-way financial models (income statement, balance sheet, cash flow) from accounting data. The platform is distributed through a free Community Edition, a 14-day Trial, and a paid Enterprise Edition sold via subscription to businesses and via pay-per-model pricing to advisors.
Is Modano a public or private company?
Modano is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Modano founded?
Modano was founded in 2002. It employs 11 to 50 people.
Where is Modano based?
Modano is headquartered in Melbourne, Australia, in the Oceania region.
How does Modano make money?
Three revenue lines are on record. Business Subscriptions are the primary driver. The others are advisor Pay-Per-Model Pricing and community Edition (Free).
Who are Modano's main competitors?
Direct peers on record are Vena Solutions, Cube Software, Pigment, Mosaic Tech, Fathom and Jirav. Broad incumbents are Anaplan, Workday Adaptive Planning and Oracle Hyperion Planning. Float (cash flow forecasting) is listed as an emerging player.
Does Modano have an API?
No public API is recorded for Modano.
What industry is Modano in?
Modano's product category is Financial Modeling Software. Its primary akta.pro industry code is BPAHALAM, Pricing, Revenue & Commercial Analytics, with a secondary code of HDAEAKAK, Data App Builders (Forms, Portals & Internal Tools). Its NAICS code is 5132 and its SIC code is 7372.