About BlackLine
BlackLine is a company based in Los Angeles (United States) founded in 2001.. BlackLine has raised $200 million across 2 funding rounds from investors including Silver Lake and Iconiq Capital. The company has 1,830 employees as of December 31, 2024. BlackLine has completed 5 acquisitions, including Data Interconnect, FourQ and Rimilia. BlackLine offers products and services including Studio360 Platform, Financial Close, Intercompany Consolidation & Financial Analytics, and Invoice-to-Cash. BlackLine operates in a competitive market with competitors including Clear, Wolters Kluwer, Digits, HighRadius and Recko, among others.
- Headquarter Los Angeles, United States
- Employees 1830 as on 31 Dec, 2024
- Stage Public
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Blackline, Inc.
-
Annual Revenue
$653.34 M10.74as on Dec 31, 2024
-
Net Profit
$161.17 M205.06as on Dec 31, 2024
-
EBITDA
$70.6 M-35.2as on Dec 31, 2024
-
Total Equity Funding
$200 M (USD)
in 2 rounds
-
Latest Funding Round
$1.15 B (USD), Post-IPO
Mar 21, 2021
-
Investors
Silver Lake
& 1 more
-
Employee Count
1830
as on Dec 31, 2024
-
Investments & Acquisitions
Data Interconnect
& 4 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of BlackLine
BlackLine is a publicly listed company on the NASDAQ with ticker symbol BL in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of BlackLine
BlackLine offers a comprehensive portfolio of products and services, including Studio360 Platform, Financial Close, Intercompany Consolidation & Financial Analytics, and Invoice-to-Cash. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based hub for integrating and automating financial workflows.
Automates closing processes to reduce risks and accelerate insights.
Streamlines intercompany operations and provides strategic financial insights.
Manages invoicing and collections to improve working capital efficiency.
Unlock access to complete
Unlock access to complete
Leadership Team
93 people
Sales and Marketing
74 people
Software Development Team
54 people
Finance and Accounting
29 people
Senior Team
28 people
Human Resources and Administration
19 people
Operations Team
16 people
Legal and Compliance
11 people
Unlock access to complete
Funding Insights of BlackLine
BlackLine has successfully raised a total of $200M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.15 billion completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $1.1B
-
First Round
First Round
(15 Aug 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Post-IPO - BlackLine | Valuation |
investors |
|
| Aug, 2013 | Amount | Series D - BlackLine | Valuation | Silver Lake , Iconiq Capital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BlackLine
BlackLine has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Silver Lake and Iconiq Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Technology investing and private equity firm focused on partnerships.
|
Founded Year | Domain | Location | |
|
Provider of investment management and real asset services
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by BlackLine
BlackLine has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Data Interconnect, FourQ and Rimilia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
AI-based workflow management solutions are provided for accountants.
|
2022 | ||||
|
Accounting and invoice management automation is offered for businesses.
|
2019 | ||||
|
Robotic process automation is applied to accounts receivable management.
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - BlackLine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blackline Comparisons
Competitors of BlackLine
BlackLine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clear, Wolters Kluwer, Digits, HighRadius and Recko, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Technology-enabled accounting and finance solutions are offered for SMBs.
|
|
| domain | founded_year | HQ Location |
Enterprise legal processes are managed via an AI-powered platform.
|
|
| domain | founded_year | HQ Location |
SMS-based customer authentication and verification services are provided across platforms.
|
|
| domain | founded_year | HQ Location |
Autonomous finance and payment solutions are provided to businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based transaction management and reconciliation solutions are offered for businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Blackline
Frequently Asked Questions about BlackLine
When was BlackLine founded?
BlackLine was founded in 2001 and raised its 1st funding round 12 years after it was founded.
Where is BlackLine located?
BlackLine is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is BlackLine a funded company?
BlackLine is a funded company, having raised a total of $200M across 2 funding rounds to date. The company's 1st funding round was a Series D of $200M, raised on Aug 15, 2013.
How many employees does BlackLine have?
As of Dec 31, 2024, the latest employee count at BlackLine is 1,830.
What is the annual revenue of BlackLine?
Annual revenue of BlackLine is $653.34M as on Dec 31, 2024.
What does BlackLine do?
BlackLine was founded in 2001 in Los Angeles, United States, within the financial software sector. Automation of accounting tasks is facilitated through AI-driven modules that cover receivables, balance sheet preparation, reconciliations, task management, month-end closing, journal entries, transaction matching, variance analysis, and consolidation oversight. Operations are conducted via a secure SaaS platform accessible on demand to enterprise clients globally.
Who are the top competitors of BlackLine?
What products or services does BlackLine offer?
BlackLine offers Studio360 Platform, Financial Close, Intercompany Consolidation & Financial Analytics, and Invoice-to-Cash.
Is BlackLine publicly traded?
Yes, BlackLine is publicly traded on NASDAQ under the ticker symbol BL.
How many acquisitions has BlackLine made?
BlackLine has made 5 acquisitions, including Data Interconnect, FourQ, and Rimilia.
Who are BlackLine's investors?
BlackLine has 2 investors. Key investors include Silver Lake, and Iconiq Capital.
What is BlackLine's ticker symbol?
The ticker symbol of BlackLine is BL on NASDAQ.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.