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How Opnbook Uses Forecastr To Manage Runway and Gain Financial Insights

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Todd Smith, co-founder and CEO of Opnbook, spent years immersed in data center infrastructure. Alongside his co-founders, he recognized a growing problem across the industry: the demand for high-performance computing was outpacing the available hardware. AI, gaming, video streaming, and other compute-heavy applications were putting intense pressure on data centers, and the traditional approach simply couldn’t keep up.

“There’s just not enough hardware to support the high-performance computing needs in the industry today,” Todd explained.

To solve this, the Opnbook team created TAHO, a powerful infrastructure software platform that reimagines how data centers are orchestrated. “What we’ve done is we’ve built a new infrastructure software that reinvents how these data centers are orchestrated,” he explained. “It allows for everyone to get more computing horsepower from their existing data centers and hardware.”

As TAHO gained traction, Opnbook’s internal operations needed to scale just as efficiently as its software. But behind the scenes, the finance team was still relying on spreadsheets to manage forecasting, runway, and burn—an approach that quickly became unsustainable.

TAHO by Opnbook Logo

opnbook.com

Location: Sarasota, FL
Founded: 2024
Stage: Pre-Revenue
Industry: Software Development

Outgrowing Google Sheets

Before partnering with Forecastr, Opnbook managed its finances using a spreadsheet-based model. At first, it seemed manageable—but it didn’t take long for the limitations to surface. “It was clunky,” Todd recalled. “Every time you want to shift your forecasting logic—whether you’re modeling revenue from headcount or staffing to support a revenue goal—you have to recraft an entirely new sheet.”

That lack of flexibility created real friction. “Sometimes you want to start with sales hires and build up to revenue. Other times, you want to start with a revenue target and work backwards to see what team you need. Every time we shifted that mindset, we had to rebuild the logic from scratch.” 

Even for a team fluent in Excel, the model proved inefficient. “I’m the power user in my entire organization,” Todd said. “But my time is valuable. Burning it, retracing old steps or trying to recapture business activities that have deviated from the original forecast is huge time wasted.”

Opnbook Screenshot

TAHO by Opnbook

The spreadsheet also aged poorly. “It starts going stale the second you log out of it.”

Todd first discovered Forecastr at a Founders and Funders event hosted by Jeff Erickson. “I went there with no knowledge of Forecastr,” he said. “But I got to see it in action through a demo, and I was very interested in following up.”

What stood out most wasn’t just the product—it was the people. “The product capabilities were there. It made sense to me. But the decision to purchase was indexed to the people. I felt really good about the Forecastr team. The culture aligned with the kind of businesses I like to do business with.”

Managing Runway with Confidence

What Pascal Wagner really needed wasn’t just a better spreadsheet—it was a clearer understanding of how his business operated beneath the surface. Forecastr gave him that clarity.

Founder Profile
Todd Smith

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Todd Smith

 

Home: Venice, FL
Startups Founded: 1
Background: Business Management

As a pre-revenue company supporting a full-time team of eight, Opnbook needed tight control over its burn rate. “Our burn rate is something we gotta pay a lot of attention to,” Todd explained. “We’re not going to be breakeven yet. Keeping an eye on that, as well as monitoring burn to see around the corners—like where trouble might lie or when we might need to revisit investor solutions—that’s key for us.”

Forecastr helped create that visibility. “Indexing to Forecastr in that realm is critical for us,” he said.

The platform also became a key asset in Opnbook’s fundraising workflow. “We actually send a Forecastr link along with our investor deck. So every time we send it out, investors get a cursory view of where we are and what our financials look like.” One investor even responded with: “Oh, great. Love Forecastr.”

Gaining Strategic Financial Insight

Todd emphasized that the real power of Forecastr was in the support. “This is heady stuff,” he said. “The dimensions involved in each line item, the downstream effects—it’s hard. The tooling makes it as easy as possible, but I don’t know that I’d be able to use the product without the coaching that occurs.”

Those monthly strategy sessions with his dedicated Forecastr account manager, Jordan, became a key part of Opnbook’s workflow. “We review all of my financials, see if any changes have been made, and tweak the right elements to set ourselves up for success. Honestly, that coaching session is almost as important as the product itself.”

forecastr-screenshot

Forecastr's financial modeling platform

That guidance extended to structuring models that resonate with investors. “There are dimensions of analysis that I was ignorant of,” he said. Jordan’s helped us craft our forecast models in a manner optimized for what VCs are asking for. I’ve learned quite a bit just from going through the exercises with him.”

"Forecastr helps us constrain and stretch our growth targets realistically. It shows the trouble points long before we hit them, so we can always plan ahead."
 

- Todd Smith
   Co-Founder & CEO
   Opnbook

The Vendor That Stands Out

When asked what he’d tell other founders considering Forecastr, Todd didn’t hesitate. “The time savings alone are more than worth it. The ROA is like 10x when you look at it from a time-cost perspective.”

He added, “Of all the vendors that we have, you guys have had a lot of impact on how we do business. I think you’ve built something great over there—and there are ways we seek to emulate what you’re doing.”

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