A Louisville, Kentucky-based startup built on managing the financial health of other startups has improved its own with help from Mequon-based investor Capital Midwest Fund.

Forecastr, a business-to-business, software-as-a-service company, has raised $4.5 million in fresh capital.

The large portion of the round equates to $2.4 million. Mequon-based Capital Midwest Fund contributed $1.4 million, and the remaining funds came from FutureLabs Capital, a previous investor that has a managing partner and co-founder, Mack Shwab, based in Louisville.

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