FloQast Raises $110M in Series D Funding
- FloQast, a Los Angeles CA-based provider of workflow automation software for accountants, raised $110M in Series D funding at a valuation of $1.2 billion
- The round was led by Meritech Capital with participation from Redpoint Ventures, Sapphire Ventures, Coupa Ventures, Insight Partners, Polaris Partners and Norwest Venture Partners
- In conjunction with the funding, George Bischof of Meritech Capital will join company’s Board of Directors
- The company intends to use the funds to expand its development efforts, expand its roster of global partners and customers
- The company provides a cloud-based, AI-enhanced automation platform for accountants to streamline their workflows and make them more efficient
- The company, which currently serves more than 1,400 customers globally, recently launched FloQastReMind
