About DataRails
DataRails is a company based in Rishon Lezion (Israel) founded in 2015 by Eyal Cohen, Oded Har-Tal, and Didi Gurfinkel.. DataRails has raised $99.5 million across 4 funding rounds from investors including Icon Ventures, Vertex Ventures SG and Qumra Capital. DataRails offers products and services including Datarails Platform, Genius by Datarails, and Datarails Mobile App. DataRails operates in a competitive market with competitors including Vena Marketing, Workday Adaptive Planning, Host Analytics, Anaplan and Planful, among others.
- Headquarter Rishon Lezion, Israel
- Founders Eyal Cohen, Oded Har-Tal, Didi Gurfinkel
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$99.5 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series B
Mar 10, 2022
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Investors
Icon Ventures
& 11 more
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Employee Count
Employee Count
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Products & Services of DataRails
DataRails offers a comprehensive portfolio of products and services, including Datarails Platform, Genius by Datarails, and Datarails Mobile App. 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.
Automates financial data consolidation and reporting for Excel users.
Provides AI-powered insights on consolidated financial data.
Enables access to financial dashboards and analysis on mobile devices.
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Funding Insights of DataRails
DataRails has successfully raised a total of $99.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in March 2022. 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 4
- Last Round Series B — $50.0M
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First Round
First Round
(19 Jul 2017)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - DataRails | Valuation | Qumra Capital | |
| Jun, 2021 | Amount | Series A - DataRails | Valuation | Zeev Ventures , Vertex Ventures Israel | |
| Apr, 2021 | Amount | Series A - DataRails | Valuation | Zeev Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DataRails
DataRails has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Icon Ventures, Vertex Ventures SG and Qumra 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 |
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Late-stage tech investments in Israel are made by Qumra Capital.
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Founded Year | Domain | Location | |
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Venture capital is invested in technology companies across all stages.
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Growth-stage tech companies are invested in by La Maison Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DataRails
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DataRails
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Datarails Comparisons
Competitors of DataRails
DataRails 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 Vena Marketing, Workday Adaptive Planning, Host Analytics, Anaplan and Planful, 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 |
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| domain | founded_year | HQ Location |
AI-powered financial planning and accounting software is offered.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and analytics are delivered via SaaS.
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| domain | founded_year | HQ Location |
Cloud-based EPM applications for financial planning and analytics are delivered.
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| domain | founded_year | HQ Location |
Operational planning and forecasting solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and advisory solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Datarails
Frequently Asked Questions about DataRails
When was DataRails founded?
DataRails was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is DataRails located?
DataRails is headquartered in Rishon Lezion, Israel.
Who is the current CEO of DataRails?
Didi Gurfinkel is the current CEO of DataRails. They have also founded this company.
Is DataRails a funded company?
DataRails is a funded company, having raised a total of $99.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $18.5M, raised on Jul 19, 2017.
What does DataRails do?
DataRails was founded in 2015 and is headquartered in Rishon Lezion, Israel. Cloud-based tools for financial planning and analytics are provided to businesses in the finance sector. Services encompass financial reporting, monthly closing processes, budgeting, forecasting, scenario planning, data visualization, and sales management. Operations focus on streamlining financial workflows through integrated software solutions.
Who are the top competitors of DataRails?
DataRails's top competitors include Workday Adaptive Planning, Vena Marketing and Anaplan.
What products or services does DataRails offer?
DataRails offers Datarails Platform, Genius by Datarails, and Datarails Mobile App.
Who are DataRails's investors?
DataRails has 12 investors. Key investors include Icon Ventures, Vertex Ventures SG, Qumra Capital, Claltech, and La Maison Partners.
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