ChartMogul Raises $2 Million

Ecommerce technology startup ChartMogul announced it closed $2.2 million in financing from Alven Capital Partners and Point Nine Capital.

ChartMogul is an analytics platform that helps subscription businesses automatically calculate key metrics, such as monthly recurring revenue, NPS Score churn rate, GAAP revenue, and annual run rate. The platform’s creators hail from thirteen different countries, with most of them based in Berlin.

ChartMogul plans use the funding to increase its staff, open an office in the U.S., and launch new features.