FloQast
Founded Year
2013Stage
Series E | AliveTotal Raised
$281.5MValuation
$0000Last Raised
$100M | 7 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+56 points in the past 30 days
About FloQast
FloQast specializes in accounting workflow automation and financial close management within the finance and accounting industry. The company offers a suite of products that streamline and automate financial processes, such as month-end close, account reconciliations, and compliance management, for accounting teams. FloQast's platform integrates AI and machine learning for the efficiency and accuracy of financial operations. It was founded in 2013 and is based in Los Angeles, California.
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FloQast's Product Videos
ESPs containing FloQast
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The automated payments reconciliation market provides a streamlined and efficient solution for reconciling payments. Auto reconciliation refers to the automated process of matching incoming payments with corresponding invoices or transactions, eliminating the need for manual reconciliation efforts. By automating the reconciliation process, businesses can save time, reduce errors, and improve finan…
FloQast named as Highflier among 15 other companies, including Stripe, Ramp, and GoCardless.
FloQast's Products & Differentiators
FloQast Close
FloQast Close is a Close Management workflow automation solution that provides a single place for teams to manage month-end close tasks, enhance accountability, improve transparency and accuracy, and collaborate effectively from anywhere. As clients grow, we offer additional solutions to support the Close for more complex Close Management environments: FloQast AutoRec - Expedites the highly-repetitive, tedious process of reconciling accounts with high volumes of transactions with the industry’s only AI-powered automated reconciliation solution. FloQast Flux - Automates the time-consuming process of building a Flux Analysis report.
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Research containing FloQast
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned FloQast in 1 CB Insights research brief, most recently on Oct 26, 2023.
Oct 26, 2023
The CFO tech stack market mapExpert Collections containing FloQast
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
FloQast is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,249 items
SMB Fintech
2,003 items
Fintech
9,304 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Fintech 100
499 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Latest FloQast News
Oct 17, 2024
Designation underscores commitment to driving accounting transformation for retail customers October 17, 2024 09:00 ET FloQast LOS ANGELES, Oct. 17, 2024 (GLOBE NEWSWIRE) -- FloQast , an Accounting Transformation Platform created by accountants for accountants, announced today that it has achieved Amazon Web Services (AWS) Retail Competency status. This designation highlights the proven value of FloQast’s Accounting Transformation Platform in helping retail customers drive financial transformation both in the cloud and across their broader businesses. Achieving the AWS Retail Competency differentiates FloQast as an AWS Partner Network (APN) member that provides specialized accounting workflow automation designed to help retail enterprise businesses adopt, develop, and deploy complex projects on AWS. To receive the designation, APN members must possess deep AWS expertise and a proven track record with retail clients to deliver solutions seamlessly on AWS. "Achieving AWS Retail Competency is a great milestone for FloQast and reflects how far we've come since our partnership with AWS started in 2014," said Mike Whitmire, CEO and co-founder of FloQast, CPA. "We’ve always placed importance on helping retail customers streamline their accounting operations, and this recognition reinforces the impact of our platform. It’s yet another step forward as we continue to grow and innovate to meet the evolving needs of the industry." FloQast’s Accounting Transformation Platform was developed over more than a decade of innovation, incorporating direct customer feedback and the latest advancements in artificial intelligence. Designed to meet evolving market demands and the growing pressures on accounting teams, the platform empowers organizations with AI-driven efficiencies and insights for more strategic decision-making. AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify Consulting and Technology APN Partners with deep industry experience and expertise. About FloQast FloQast, an Accounting Transformation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 2,800 global accounting teams – including Twilio, Los Angeles Lakers, Zoom, and Snowflake – FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com . Contact:
FloQast Frequently Asked Questions (FAQ)
When was FloQast founded?
FloQast was founded in 2013.
Where is FloQast's headquarters?
FloQast's headquarters is located at 14721 Califa Street, Los Angeles.
What is FloQast's latest funding round?
FloQast's latest funding round is Series E.
How much did FloQast raise?
FloQast raised a total of $281.5M.
Who are the investors of FloQast?
Investors of FloQast include WiL, ICONIQ Growth, BDT & MSD Partners, Polaris Partners, Insight Partners and 11 more.
Who are FloQast's competitors?
Competitors of FloQast include Trintech and 4 more.
What products does FloQast offer?
FloQast's products include FloQast Close and 4 more.
Who are FloQast's customers?
Customers of FloQast include tbd.
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Compare FloQast to Competitors
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Trintech focuses on providing financial close and account reconciliation software solutions. The company offers services that automate and manage various financial processes such as account reconciliations, transaction matching, close task management, journal entry, intercompany accounting, audit and compliance, and reporting and analytics. Its primary customers are in sectors such as banking and financial services, healthcare and human services, industrial manufacturing, insurance, power and utilities, and retail. The company was founded in 1996 and is based in Addison, Texas.
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