About FloQast
FloQast is a company based in Los Angeles (United States) founded in 2013 by Chris Sluty, Mike Whitmire, and Cullen Zandstra. FloQast has raised $291.85 million across 7 funding rounds from investors including Coupa, Vebu and Norwest Venture Partners. FloQast offers products and services including Optimize the Close, Automate the Close, Connected Compliance, and Integrated Record-to-Report. FloQast operates in a competitive market with competitors including Canopy, SafeSend, Silverfin, Suralink and Grasp, among others.
- Headquarter Los Angeles, United States
- Founders Chris Sluty, Mike Whitmire, Cullen Zandstra
- Stage Unicorn
-
Sectors
Technology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Floqast, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$291.85 M (USD)
in 7 rounds
-
Latest Funding Round
$100 M (USD), Series E
Apr 10, 2024
-
Investors
Coupa
& 13 more
-
Employee Count
Not available
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
Products & Services of FloQast
FloQast offers a comprehensive portfolio of products and services, including Optimize the Close, Automate the Close, Connected Compliance, and Integrated Record-to-Report.
Software for standardizing and centralizing accounting operations.
Automates reconciliations and journal entries for accuracy.
Manages risk and evidence collection for audits.
Accelerates financial reporting and consolidation processes.
People of FloQast
Unlock access to complete
Funding Insights of FloQast
FloQast has successfully raised a total of $291.85M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $100 million completed in April 2024. 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.
Investors in FloQast
FloQast has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Coupa, Vebu and Norwest Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on SaaS, mobile tech, AI, and multiple sectors
|
Locked | Locked | Locked | |
|
Private equity investments are directed toward US-based companies.
|
Locked | Locked | Locked | |
|
Venture capital firm partnering with enterprise software companies and early-stage funds.
|
Locked | Locked | Locked |
Investor details for FloQast
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by FloQast
Investment portfolio details for FloQast
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - FloQast
Detailed financials for FloQast
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Floqast Comparisons
Peer comparison for FloQast
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of FloQast
FloQast 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 Canopy, SafeSend, Silverfin, Suralink and Grasp, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Practice management software is offered for accounting professionals.
|
|
| Locked | Locked | Locked |
Tax automation solutions are provided for accountants' digital return delivery.
|
|
| Locked | Locked | Locked |
Cloud-based accounting workflow and practice management solutions for businesses
|
|
| Locked | Locked | Locked |
Workflow management software is provided for accounting firms' document handling.
|
|
| Locked | Locked | Locked |
Grasp is focused on preventing errors in media buying.
|
Detailed competitors of FloQast
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Floqast
Complete news archive for FloQast
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about FloQast
FloQast was founded in 2013.
FloQast is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Mike Whitmire is the current CEO of FloQast. They have also founded this company.
FloQast is a funded company, having raised a total of $291.85M across 7 funding rounds to date.
FloQast was founded in 2013 in Los Angeles, United States, and operates in the financial software sector. Account reconciliation is automated through its core platform, with additional tools provided for managing month-end close tasks, conducting financial analysis and planning, identifying operational bottlenecks, and integrating with ERP systems. Services are delivered via the cloud to support finance teams in streamlining processes.
FloQast offers Optimize the Close, Automate the Close, Connected Compliance, and Integrated Record-to-Report.
FloQast has 14 investors. Key investors include Coupa, Vebu, Norwest Venture Partners, Siemer & Associates, and BDT & MSD Partners.
The valuation of FloQast is $1.2B as of Jul 2021.