1. There are several tools that offer only the planning features. Our view is that budgets and actuals should be on the same system for the product to provide value over time. We may offer a free version with just the planning features in the future, but I built Pry for myself and I wouldn't like to use it that way.
2. Agreed. Documentation is one of those - if they complain, we'll improve it kind of things. And we've certainly heard some complaints about it here today.
3. Got good feedback on this from another user earlier too. We'll look into making our security practices more visible on our site since we work with finance data.
Runway.com is a good team that is recently backed by a16z. They are still in early access development so I am not sure how our products differ. I think there are several people tackling this problem and that's a good thing for founders and entrepreneurs overall.
* I will keep this around as long as people find it useful. My last company was founded in 2009 and is still around. There is still a lot more I want to build for Pry so 3+ years is no problem for me.
* I actually really hate the idea of customers as the product. I know this product has valuable financial data. We have raised funding and I have always tried to prioritize good investors who align with this value over the ones offering the most money. You’ll have to take my word on this one.
* You can export the report data to google sheets. Our formulas cannot yet be exported. We will work on an API at some point to address this.
Yes. I have worked on this product for over two years. Our pricing does not scale with revenue and we are ready for general access; 14-day free trial for anyone to try.
We have some happy customers from outside of the US. They usually use Xero and integrate that to Pry. We do have customers using Quickbooks online in Canada.
If you have a bank that is not supported by Plaid, it's not going to work. We will build more API integrations.
We give month by month data in much more detail. Also thinking of building some custom models for buying a house, retirement, college education, etc. But again, this is probably not happening for a couple years - or unless we struggle to enter the small business market.
Pry staff cannot do any withdrawals. We use Plaid for our third party access and they are widely used. If we sold, I have no idea. But we have 24 months of runway right now and no plans to sell.
Yeah, we may move this to a $100k in expenses instead in the future. If your costs are in "COGS" then it won't count. For now, we do not allow for this because we don't want to incentivize founders to stuff as much stuff in COGS just to pay us $50/mo less. I have seen people do silly things like this before.
Totally understand. The web platform is still the fastest to develop on (at least for me). I have an idea for moving everything to native apps and keeping data offline, but it's pretty far down on the roadmap T.T
Yes! We've updated our landing page but our docs pages are still not updated yet. We chose total spend because our value is helping businesses manage spend. We also only have one benchmark - $100k/mo in spend. Our gauge is that anyone who spend more than $100k/mo are able and usually willing to be on the $100/mo plan.
I actually use it for my personal finances and so does Alex I think! I know this is a much bigger problem for businesses so we're trying to solve for them first. Plus they can help pay for improvements for our product. Will consider building this for personal finance management when we are ready to tackle that problem.
We are built for founders and normal people. You should not need a finance background to use our software. We've spent a lot of time designing things differently :)
I'm Andy Su and I'm here with my cofounders Hayden Jensen, Tiffany Wong, and Alex Sailer. We are the cofounders of Pry (https://pry.co).
Pry is solving Finance for Founders. Instead of using Excel, Founders and finance analysts can use Pry to manage their budget, hiring plan, and cash runway.
As a long time HN lurker, I'm excited to share this project with you. In a previous life, I cofounded a tech-enabled accounting company. We help thousands of companies keep their books (accounting) up to date. While growing, I could feel javascript improve year after year but the way our finances were done in Excel just got worse and worse.
The product I wanted was simple: something to replace the Excel files that the finance gurus use. I looked around and couldn't find anything that did what I wanted so I decided to start working on (https://budgithub.com) two years ago.
There is a lot to build. Most Excel files have these components:
- A summary view with budgets and actuals
- Separate tabs for different departments
- A hiring plan (list of employees) and a hidden pivot table to make things work
- A Revenue Model.
- A Dashboard
Today, I'm happy to announce that we have finally launched a release that covers all of these components and it's available for anyone to try for free.
We built this tool to serve the startup and small business community. Our pricing ranges from $50-$100/mo and I am determined to continue offering our full suite of functionality at an affordable price.
We have a lot to build still - integrations, currency support, etc, but if you are using Quickbook Online, Xero, or don't have accounting set up, give us a try. We connect to most US banks, and we have a few happy overseas customers using Pry + Xero.
One of our guiding design principles is the Ruby on Rails "convention over configuration". We've done a lot of things the hard way. Happy to answer any questions over the next few hours.