Founded Year

2013

Stage

Series D | Alive

Total Raised

$181.5M

Valuation

$0000 

Last Raised

$110M | 1 yr ago

Mosaic Score

+50 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About FloQast

FloQast develops cloud-based software to help manage accounting departments. The software provides accountants with a fast and accurate way to close the books by automating tedious processes and making workflow more efficient.

FloQast Headquarter Location

14721 Califa Street

Los Angeles, California, 91411,

United States

818-698-8262

FloQast's Product Videos

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FloQast's Products & Differentiation

See FloQast's products and how their products differentiate from alternatives and competitors

  • 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.

    Differentiation

    Short Time to Value. Sets up in Weeks not days. Accountants drive the setup and deployment. We have the highest user adoption rates in the industry. 

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Differentiation

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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 Jul 27, 2021.

Expert 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 5 Expert Collections, including Banking.

B

Banking

1,117 items

U

Unicorns- Billion Dollar Startups

1,180 items

S

SMB Fintech

1,499 items

F

Fintech

7,442 items

US-based companies

F

Fintech 250

250 items

250 of the top fintech companies transforming financial services

Latest FloQast News

FloQast Collaborates With Microsoft to Deliver an Efficient and More Accurate Financial Close

Aug 1, 2022

Los Angeles, California, UNITED STATES LOS ANGELES, Aug. 01, 2022 (GLOBE NEWSWIRE) --  Today, FloQast, a provider of accounting workflow automation software created by accountants for accountants, expanded its role as a Microsoft partner by joining the Microsoft Business Applications ISV Connect program and launching multiple apps on  Microsoft AppSource . FloQast's participation in the Microsoft Business Applications ISV Connect Program provides Microsoft ERP customers a way to increase the efficiency and accuracy of the Close with a centralized suite of solutions. The move offers Finance and Accounting teams seamless workflow integration with their Microsoft environment and the ability to utilize their full investment in Microsoft products for increased speed and optimization across Finance and Accounting operations. Through the collaboration, FloQast, partners, and Microsoft are empowered to co-sell - which includes lead-sharing capabilities, joint marketing activities and collaboration with Microsoft Salesforce - and deliver exceptional value to the office of the CFO. With multiple apps now listed on  AppSource , customers can integrate FloQast with Microsoft Dynamics 365, Microsoft Excel, Microsoft Teams, OneDrive, and Outlook via open integration to handle critical operational workflows, including closing the books. FloQast solutions went through a rigorous review and certification process by Microsoft to gain multiple AppSource listings, including Dynamics 365 Business Central, Teams and Dynamics 365 Finance. "Our customers seek ways to deliver faster, more accurate financial data as they scale and respond to changing economic conditions," said Mike Whitmire, co-founder and CEO of FloQast, inactive CPA. "Our expanded collaboration with Microsoft gives accounting teams greater efficiency and innovation utilizing the Microsoft tech stack. It's a practical, low-risk way to digitally transform their operations without disruption and with quick ROI." Controllers still report spending nearly  70% of their time performing traditional tasks, such as closing the books or ensuring compliance with accounting standards , and regularly face challenges with data integrity as a result of manual and siloed processes to transform transactional data into financial information. FloQast uses the full Microsoft environment, helping Accounting teams transition from the tactical to the strategic by automating the Financial Close, the cornerstone of the record-to-report process. FloQast has done the heavy lifting on integration and offers  FloQast Connect , a Workflow Integration capability that reduces the effort required for both implementation and ongoing maintenance. The benefit to Finance and Accounting teams is measurable and quicker time to value with an integrated solution that: Moves away from manual data manipulation. Automatically transform Dynamics 365 ERP data into information with the Financial Close Meets accountants where they work. FloQast coexists with Excel, letting accountants use Excel when it is the right tool for the job Creates a secure and organized system of record. Use FloQast and OneDrive to capture evidence and implement controls in support of a more virtual audit Drives close anywhere. Get notifications from FloQast using Teams and Outlook, allowing accounting teams to work anywhere "Microsoft welcomes FloQast into the Microsoft Business Applications ecosystem and will offer its workflow automation software to Microsoft Dynamics 365 customers and partners," said Toby Bowers, General Manager, Industry, Apps & Data Marketing at Microsoft. "With this Microsoft Dynamics 365 integration, FloQast offers a unique, innovative solution to organizations around the world that focuses on accounting and finance solutions." For more information on FloQast's integration with the Microsoft ERP ecosystem:

FloQast Web Traffic

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Page Views per Million (PVPM)
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  • 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 D.

  • How much did FloQast raise?

    FloQast raised a total of $181.5M.

  • Who are the investors of FloQast?

    Investors of FloQast include Polaris Partners, Insight Partners, Norwest Venture Partners, Meritech Capital Partners, Redpoint Ventures and 8 more.

  • Who are FloQast's competitors?

    Competitors of FloQast include Gappify 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 and tbd.

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