Following a successful $100 million Series E funding round, FloQast records a valuation of $1.6 billion in the financial technology sector.

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Series E Round Led by ICONIQ Growth to Supercharge FloQast's Global Expansion, Innovation with Artificial IntelligenceLOS ANGELES, April 10, 2024 (GLOBE NEWSWIRE) -- FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, today announced the successful closure of its Series E funding round, raising $100 million.

Dynamic User Conference: FloQast hosted TakeControl: Charting the Future of Accounting, FloQast’s fifth-annual user conference, providing insights into how accounting and finance functions are evolving in today’s worldCustomer Recognition: FloQast was named to G2’s 2023 Best Software Awards for Global Software Companies list, solidifying its position as a top global software provider, and maintained the top ranking as the number-one-rated solution on the G2 Report for Financial Close Management for five consecutive quarters.

Trusted by more than 2,600 accounting teams – including Twilio, Los Angeles Lakers, Zoom, and Snowflake – FloQast enhances the way accounting teams work, enabling customers to streamline and manage the Financial Close, Finance and Accounting Operations, and Compliance Programs.

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Article Details

Author / Journalist: FloQast

Category: Technology

Markets: ChinaAustraliaAustriaGermanyNew ZealandSwitzerland

Topics: Platform Operations Accountants Teams Floqast Continued Finance Growth Accounting Iconiq Funding

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-10 @ 13:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 663 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 20659148

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