Search company, investor...

Founded Year

2013

Stage

Series E | Alive

Total Raised

$281.5M

Valuation

$0000 

Last Raised

$100M | 1 yr ago

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

+51 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 to ensure the efficiency and accuracy of financial operations. It was founded in 2013 and is based in Los Angeles, California.

Headquarters Location

14721 Califa Street

Los Angeles, California, 91411,

United States

818-698-8262

Loading...

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.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

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 Challenger among 15 other companies, including Stripe, Tipalti, and Flywire.

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.

Loading...

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.

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 4 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,258 items

S

SMB Fintech

2,003 items

F

Fintech

9,394 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

F

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

Tech news: CPAClub launches AI-powered CPAClub Coach

Jan 24, 2025

Other news and construction management platform Tractics are partnering to integrate Sage Intacct Construction and the Tractics construction management platform, providing heavy civil contractors a comprehensive solution for managing financial and operational data from the field to the office. This integration offers real-time data visibility, streamlines workflows, and simplifies accounting processes for improved efficiency. … Business solutions provider Ben Plewes BA (Hons) LBIPP Spend management solution provider lets businesses store cash in a business account that earns 2.5% interest, or in an investment account with the potential for higher yields, all within the same platform they already use to pay their bills. Users can create as many business accounts as they need versus having to juggle multiple accounts and passwords. They can also set a target balance for their Ramp Business Account and top up from their checking account. Upon opening a Ramp Business Account, Ramp will pay users a monthly cash reward, calculated as a percentage of their deposited funds. They begin earning on the first dollar they deposit, and there is no cap to how much they can earn. Earnings are disbursed automatically by Ramp each month. Earnings are paid as cash, versus statement credits or rewards requiring redemption. Instead, the customer can transfer earnings from their Ramp Business Account to be used as cash elsewhere. Caseware buys AI document management startup Accounting and auditing analytics software company ) Extractly offers the ability to automatically extract and integrate data from digital or scanned documents, including handwritten notes, into one's workpapers and documents. It also features smart data linking to reduce the need for manual searching and data extraction. The program offers support for text in English, French, Spanish, Portuguese, Italian and German. Users have the ability to click on any cell in an Excel workpaper to navigate to the exact location in the linked document where the data originated. Users can redact sensitive information, highlight relevant links and flexibly restructure data. An AutoSum feature can automatically verify data within documents. Other features include analytics and metrics tracking; and varied permissions tailored to different roles within a team. FloQuast achieves ISO 42001 certification on AI systems The Muse , the globally recognized standard for establishing, implementing, maintaining, and continually improving an Artificial Intelligence Management System (AIMS). The certification provides a structured framework for organizations to govern AI development and use ethically, transparently, and in accordance with international best practices. FloQast's ISO 42001 certification was achieved following a rigorous external audit, where FloQast's AI systems, governance policies, and risk management practices were evaluated to ensure compliance with the standard. FloQast's ISO 42001 certification highlights the organization's investment in ethical AI development practices, risk management, and customer-centric innovation. CPAClub launches AI-powered CPAClub Coach Accounting talent solutions provider announced the release of its new CPAClub Coach, which is touted as an AI-powered advisor combined with live CPA expertise. CPAClub Coach is designed to bridge the talent gap in accounting by integrating artificial intelligence with live expert support, offering members personalized coaching as well as standards-based guidance on both accounting and audit-related questions. Members also have access to experienced professionals for more complex issues. Based on members' inquiries, CPAClub Coach may recommend specific nano-learning courses from a custom-developed, growing library, promoting professional growth and reducing the reliance on overburdened supervisors. CPAClub also touted its library of resources for complying with AICPA's Statement on Quality Management Standards (SQMS) and PCAOB QC 1000. Both the SQMS and PCAOB QC 1000 must be implemented by December 15, 2025, marking a significant shift in how firms approach quality management. CPAClub pointed to its expanded partnership with Caseware to author these resources to be integrated into the  Caseware SQM application.

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 ICONIQ Growth, BDT & MSD Partners, WiL, Polaris Partners, Insight Partners and 11 more.

  • Who are FloQast's competitors?

    Competitors of FloQast include Trintech and 5 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.

Loading...

Compare FloQast to Competitors

Board International Logo
Board International

Board International provides enterprise planning solutions across sectors, including finance, supply chain, and retail. The company offers a platform for financial analysis, strategic planning, and integrated business planning, using AI and analytics for decision-making. Board serves clients in manufacturing, financial services, and consumer packaged goods. It was founded in 1994 and is based in Chiasso, Switzerland.

E
Ewaresoft

Ewaresoft is a company that focuses on enterprise performance management solutions in the technology sector. The company offers a range of products that include comprehensive budgeting, consolidated reporting, rebate calculation, budget cost control, enterprise investment income management, business/financial analysis, and dealer rebate calculation. These products are designed to quickly connect people, business scenarios, and data, providing management with a quick grasp of the company's current situation. It is based in Shanghai, Shanghai.

Trintech Logo
Trintech

Trintech provides financial close and account reconciliation software within the financial technology sector. The company offers tools for automating the financial close process, including account reconciliations, transaction matching, close task management, journal entry automation, intercompany accounting, audit and compliance, and reporting and analytics. Trintech's solutions integrate with various ERP systems and serve finance and accounting professionals across industries. It was founded in 1996 and is based in Addison, Texas.

OneStream Software Logo
OneStream Software

OneStream Software focuses on unifying financial and operational data within the finance sector. The company offers a platform that integrates financial planning, analysis, and close processes, using artificial intelligence and machine learning. OneStream's solutions aim to address the needs of finance teams. It was founded in 2010 and is based in Birmingham, Michigan.

Planful Logo
Planful

Planful focuses on financial performance management in the software industry. The company offers a platform that streamlines business-wide planning, budgeting, consolidations, reporting, and analytics, aiming to empower finance, accounting, and business users to plan confidently, close faster, and report accurately. Planful primarily serves sectors such as finance, marketing, accounting, human resources, sales, and IT. Planful was formerly known as Host Analytics. It was founded in 2000 and is based in San Francisco, California.

Anaplan Logo
Anaplan

Anaplan provides connected planning solutions for business performance in various sectors. The company offers a platform that allows organizations to model scenarios, forecast, and make informed decisions. Its services are utilized in finance, supply chain, sales, human resources, and workforce planning across industries like consumer goods, financial services, manufacturing, and retail. The company was founded in 2006 and is based in Miami, Florida. In June 2022 Anaplan was acquired by Thoma Bravo at a valuation of $2B.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.