Business planning software startup Alight will use the proceeds from the Caterpillar Venture Capital-led round to scale its mining and mortgage industry products.
Caterpillar Venture Capital, the corporate venturing arm of construction equipment maker Caterpillar, has led an $11m series A round for US-based business planning software developer Alight.
The unit led a consortium of undisclosed investors described by Alight as “noted Bay Area tech investors”.
Founded in 2015, Alight has created a software platform that displays the financial effects of different hypothetical business decisions or market changes for a company.
The funding will be used to enhance Alight’s mining and mortgage industry-focused…
