FloQast, a B2B and Enterprise Software company founded in 2013, has recently secured a significant $110.00M Series D investment on 21 July 2021 from a consortium of notable investors including Insight Partners, Redpoint Ventures, Norwest Venture Partners, Polaris Partners, Sapphire Ventures, Meritech Capital Partners, and Coupa Ventures. The company's slogan, "FloQast delivers workflow automation created by accountants for accountants," encapsulates its core focus on empowering accounting teams. With a strong presence in the United States, FloQast is a Finance and Accounting Operations Platform used by more than 2,600 accounting teams, including renowned entities like Twilio, Los Angeles Lakers, Zoom, and Snowflake. FloQast's platform is designed to operationalize accounting excellence, enabling organizations to streamline and manage the Financial Close, Finance and Accounting Operations, and Compliance Programs. Notably, the company leverages cutting-edge AI technology to facilitate the month-end close, reduce compliance burdens, maintain audit readiness, and enhance accuracy, visibility, and collaboration within the financial function. Its consistent rating as #1 across all user review sites reflects the high satisfaction levels among its customer base. With a focus on delivering exceptional value to accounting professionals, FloQast is well-positioned to continue its growth trajectory and further influence the landscape of accounting automation and workflow optimization. For further details, visit FloQast.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series E | $100.00M | 6 | 10 Apr 2024 | |
Series D | $110.00M | 7 | 21 Jul 2021 | |
Series C | $40.00M | 3 | 21 Jan 2020 | |
Venture Round | $20.00M | - | 20 Dec 2018 | |
Series B | $25.00M | 4 | 21 Jun 2017 |
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