Case Study: Science On Call finds financial stability and raises $1.1M with Forecastr

How Science On Call Used a Financial Model To Find Stability in a Volatile Market

Science On Call, a Chicago-based tech support provider for restaurants, faced significant market instability shortly after its 2020 launch due to the pandemic. The founders struggled with a basic Excel financial model that was difficult for the team to manage, update, and use for planning new customer acquisition strategies. They turned to Forecastr's financial modeling platform to upgrade their planning capabilities and prepare for an upcoming pre-seed fundraise.

By implementing Forecastr, the Science On Call team gained a collaborative and customizable model for tracking cash flow and planning strategic hires. With direct support from Forecastr's analysts, they successfully transitioned their bookkeeping and built a unique financial model. This empowered them to confidently raise a $1.1M SAFE round, using the Forecastr model to show investors their plan for growth and immediately begin hiring with their new capital.

Science On Call

Luisa Castellanos

Co-founder & COO