Una Software Secures US$13M in Total Funding to Redefine Financial Planning and Analysis and Appoints Michael Morrison as CEO

Additional Seed Round fuels expansion of Una’s AI-native, adaptive FP&A platform; company caps a breakout year of rapid sales growth and AI innovation; Co-founder Clayton Ramnarine assumes Chief Revenue Officer role to spearhead go-to-market strategy.

TORONTO–(BUSINESS WIRE)–#performanceplanning–Una Software, the AI-powered FP&A software built for the pace of modern business, today announced it has closed its seed financing, bringing total funding raised to $13 million.

The company also announced the appointment of Michael Morrison, former CEO of Fluence Technologies and Jirav, as Chief Executive Officer. Co-founder Clayton Ramnarine, having led the company from inception to its current high-growth phase, will assume the role of Chief Revenue Officer, focusing on global go-to-market expansion and customer success.

Building Momentum in the AI-Native FP&A Space

With a track record spanning six high-growth FP&A companies, Una’s leadership hasn’t just entered the market—they’ve spent decades defining it. Leveraging that deep-seated expertise, Una has emerged as a fast-growing leader in the modern FP&A space, delivering adaptive planning and intelligent forecasting for midmarket and enterprise organizations. This dual announcement comes on the heels of a record-breaking year for Una Software.

• High Velocity Market Entry: Rapidly expanded its commercial footprint since launching its FP&A platform, delivering substantial growth in both revenue and new customer partnerships.
• Product innovation: Launched major AI-Powered FP&A Innovations, including AI-powered predictive forecasting, an AI Finance Assistant, and an enhanced action tracker.
• Strategic Scope: Expanded capabilities to offer a holistic Corporate Performance Management (CPM) solution, empowering finance teams to connect high-level strategy with daily operations.
• Industry Recognition: Una Software was recently recognized in the Nucleus Research 2026 CPM Technology Value Matrix, recognizing Una’s high usability and upward momentum against legacy competitors.

“We have reached an inflection point where our AI capabilities are transforming how finance teams operate, and the market demand is undeniable,” said Don Mal, Executive Chairman and Co-Founder. “Bringing Michael Morrison on board is a strategic move that allows us to scale our operations globally. And I am thrilled Clayton will focus on what he is most passionate about: working directly with our customers and driving the aggressive sales strategy that will put Una in the hands of every modern CFO.”

A CEO with Proven Category-Building Experience

Morrison brings over 25 years of leadership scaling technology companies in the Office of the CFO market. He previously served as CEO of Fluence Technologies – leading its acquisition by Anaplan in 2024 – as well as CEO of Jirav. Earlier in his career, he held key roles at Cognos, Applix and IBM; later, as CEO of publicly traded Datawatch Corporation (NASDAQ: DWCH), he steered the company through its acquisition by Altair Engineering in 2018.

“FP&A technology is entering the next generation – AI-native, adaptive platforms that learn and evolve with the business,” said Michael Morrison, CEO of Una. “With $12 million in capital, a product built for this inflection point and an outstanding leadership team, Una is positioned to redefine how CFOs plan, predict and execute with confidence.”

Staircase Ventures, which led Una’s Seed Round, sees the company as a category-definer. “Una is setting the standard for AI in finance, as evidenced by their remarkable product evolution and sales growth since launch,” said Janet Bannister, Founder and Managing Partner at Staircase Ventures. “Pairing Don Mal’s track record and Clayton Ramnarine’s commercial drive with Michael Morrison’s scaling expertise gives the company a world-class leadership team at exactly the right moment.”

Use of Funds

Proceeds from the round will accelerate:

• Deepening of Una’s AI agent framework (Modeler, Analyst, Planner, Supervisor)
• Expansion of the Global Template Library to deliver continuous best-practice innovation to customers
• Scale-up of sales, marketing and partnerships to meet growing midmarket and enterprise demand

By combining this new capital with an expanded leadership team, Una is poised to accelerate its mission of transforming the finance function from a back-office requirement into a strategic engine for growth.

About Una Software

Una Software is AI-powered FP&A software built for the pace of modern business. Combining agile planning, revenue-connected forecasting, embedded business intelligence, and execution accountability, Una helps Finance teams shift from reactive reporting to proactive leadership. With Una, CFOs can forecast with confidence, align teams faster, and drive measurable business results. Learn more at www.unasoftware.com.

Contacts

Media Contact:
Tony Hocevar
Head of Marketing
1-437-808-5362
thocevar@unasoftware.com