DataSnipper
Headquarters
Amsterdam, NetherlandsFounded
2017CEO / Founder
Vidya PetersEmployees
201-500Funding
Series B — $100MProducts
1 product listedAvg. AI Score
8.0/10Website
datasnipper.com/
Profile updated
About DataSnipper
DataSnipper is a software company that develops an intelligent automation platform for auditing and finance, delivered as an add-in for Microsoft Excel. The tool lets auditors and accountants extract, match and cross-reference data from source documents such as invoices, bank statements and contracts directly within their spreadsheets. The company was founded in 2017 by Kai Bakker, Jonas Ruyter and Maarten Alblas, and is headquartered in Amsterdam, Netherlands.
The platform is built around 'snips' that link figures in an Excel workbook to their supporting evidence, combining document matching, data extraction and optical character recognition for audit testing, financial due diligence and reconciliation work. DataSnipper says its software is used by more than 400,000 auditors and finance professionals across roughly 125 countries, including all of the Big Four accounting firms—Deloitte, KPMG, Ernst & Young and PwC—as well as every one of the world's top 100 accounting firms. It has expanded from its core audit use case into adjacent finance and document-review workflows through additional AI features.
DataSnipper grew with limited outside capital before taking an undisclosed minority growth-equity investment from Insight Partners in September 2022. In February 2024 it raised a $100 million Series B led by Index Ventures at a $1 billion valuation, making it one of the Netherlands' newest unicorns and one of the larger European software rounds of that period. Vidya Peters, a former chief operating officer of payments company Marqeta, joined as chief executive in 2023. The company employs roughly 300 people.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
Products by DataSnipper
All products by DataSnipper reviewed by our AI panel of experts.
How Our Review Panel Scores DataSnipper
Six independent reviewer personalities assessed DataSnipper's product on their own terms. They landed within 0.9 points of each other, an unusually strong consensus.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Competitive Landscape
Who DataSnipper competes with, and how they differ.
MindBridge runs full-population anomaly and risk-scoring analytics across ledger data, versus DataSnipper's Excel-embedded workflow of linking spreadsheet cells directly to source-document evidence.
1 product reviewed on TopReviewed
Trullion focuses narrowly on AI-driven lease accounting and revenue-recognition audit automation with source-document traceability, a vertical slice next to DataSnipper's broader Excel-native evidence and testing platform.
1 product reviewed on TopReviewedCaseware (IDEA/Cloud) is a long-established audit engagement and working-papers suite used industry-wide by small and mid-size firms, competing on end-to-end file management rather than DataSnipper's Excel-native evidence-linking approach.
Company Timeline
Key milestones in DataSnipper's history, with sources.
- Milestone
Reports $1.4B in productivity savings delivered in 2025
DataSnipper said customers realized more than $1.4 billion in productivity savings in 2025, with DocuMine usage up 1,100% year over year and new corporate customers up nearly 100% year over year.
datasnipper.com - Milestone
DocuMine named to TIME's Best Inventions of 2025
DataSnipper's AI document-validation product DocuMine was named to TIME's Best Inventions of 2025 list in the Artificial Intelligence category, alongside Nvidia, Anthropic and DeepSeek.
prnewswire.com - Launch
Launches Disclosure Agents and Excel Agents built with Microsoft
DataSnipper launched Disclosure Agents and Excel Agents, Azure-powered AI agents that automate IFRS/GAAP disclosure checks and complex Excel testing tasks inside existing audit workflows.
datasnipper.com - Partnership
Partners with Microsoft to build Azure-powered AI agents for audit
DataSnipper and Microsoft announced a partnership to develop Azure-powered AI agents for audit and finance workflows, described as functioning as "teammates, not tools."
datasnipper.com - Acquisition
Acquires UpLink and launches DocuMine
DataSnipper acquired UpLink, a cloud-based secure document-request platform founded in 2022, and launched DocuMine, an AI-powered document validation tool embedded in Excel, as part of building out an AI audit ecosystem.
siliconcanals.com - Funding
Series B — $100M led by Index Ventures at $1B valuation
DataSnipper raised a $100 million Series B led by Index Ventures at a $1 billion valuation, becoming a Dutch unicorn, after a year of doubling its customer base and revenue. The round followed a September 2022 investment from Insight Partners.
indexventures.com - Milestone
Vidya Peters appointed CEO
DataSnipper appointed Vidya Peters, formerly COO of Marqeta and CMO of MuleSoft, as CEO; co-founders Maarten Alblas and Jonas Ruyter moved to the board in advisory roles on product and customers.
datasnipper.com - Funding
Minority growth-equity investment from Insight Partners
DataSnipper received a minority growth-equity investment from Insight Partners (amount undisclosed) to fund US and European expansion, after having been bootstrapped since founding.
prnewswire.com - Founded
DataSnipper founded in Amsterdam
Maarten Alblas, Jonas Ruyter and Kai Bakker founded DataSnipper in Amsterdam to automate the manual reconciliation of source documents against Excel spreadsheets for auditors, bootstrapping the company without outside funding until 2022.
siliconcanals.com
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