FloQast, Inc.

About FloQast, Inc.

Financials

Dated, source-cited figures. Estimates are marked.

Products by FloQast, Inc.

All products by FloQast, Inc. reviewed by our AI panel of experts.

FloQastAI Accounting

Auditable AI agents for accounting close workflows

Pricing on request7.4/10

How Our Review Panel Scores FloQast, Inc.

Six independent reviewer personalities assessed FloQast, Inc.'s product on their own terms. They disagreed by 1.6 points — The Finance Lead was the hardest to convince, The Domain Strategist the most positive.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who FloQast, Inc. competes with, and how they differ.

BlackLine7.7/10

BlackLine is the incumbent record-to-report suite FloQast most often displaces: it sells top-down to large enterprises with heavier, consultant-led implementations, while FloQast layers on top of the ERP and the Excel workflows accountants already use and competes on time-to-value. FloQast has run a dedicated switching program aimed specifically at BlackLine customers.

1 product reviewed on TopReviewed

T

Trintech

Trintech covers the same financial close, reconciliation and controls scope with two products split by segment - Cadency for large enterprise and Adra for the mid-market - and leans on Big Four and ERP consulting channels for distribution, where FloQast sells one platform direct to controllers.

Numeric7.3/10

Numeric is the AI-native challenger in month-end close, targeting venture-backed finance teams with AI-generated matching rules and auto-drafted flux commentary. It is far younger and smaller than FloQast, which passed $200M ARR in 2026 and carries an enterprise compliance, SOX and audit footprint Numeric does not cover.

1 product reviewed on TopReviewed

HighRadius7.2/10

HighRadius is anchored in order-to-cash - cash application, collections and credit - and has added record-to-report close and reconciliation alongside it. FloQast is close-first and sells no accounts receivable line, so the two collide only where a controller buys reconciliation and close as part of a broader finance automation suite.

1 product reviewed on TopReviewed

Workiva7.4/10

Workiva overlaps FloQast on Connected Compliance ground - SOX controls, audit workflows and financial reporting - but its centre of gravity is regulatory and sustainability disclosure rather than the month-end close. The two also partner: Workiva has named FloQast its global technology partner of the year.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in FloQast, Inc.'s history, with sources.

1. Jan 20, 2026Milestone

   Surpasses $200M ARR and signs EY managed services alliance

   FloQast announced it had surpassed $200 million in Annual Recurring Revenue, crediting upmarket enterprise growth, adoption of its AI Agents and EMEA expansion. In the same announcement it disclosed a managed services agreement with EY, letting EY advisory teams deploy the FloQast platform to their clients.

   floqast.com
2. Mar 25, 2025Launch

   Launches auditable FloQast AI Agents and FloQast Transform

   FloQast introduced FloQast AI Agents, an auditable capability that automates recurring accounting workflows, together with FloQast Transform, which lets customers build their own bespoke AI agents.

   floqast.com
3. Sep 25, 2024Launch

   Launches the FloQast Accounting Transformation Platform

   FloQast rebuilt its product line as the Accounting Transformation Platform, debuting Journal Entry Management, AI Transaction Matching, Consolidation and FloHub alongside major updates to its existing close solutions.

   floqast.com
4. Apr 10, 2024Funding

   Series E - $100M led by ICONIQ Growth at a $1.6B valuation

   ICONIQ Growth led a $100 million Series E, with BDT & MSD Partners and World Innovation Lab joining as first-time investors alongside continued participation from Meritech Capital and Sapphire Ventures, at a $1.6 billion post-money valuation. ICONIQ Growth general partner Roy Luo joined the board. The platform was then used by more than 2,600 accounting teams.

   floqast.com
5. Feb 6, 2024Milestone

   Reaches $100M in annual recurring revenue

   FloQast announced it had attained $100 million in Annual Recurring Revenue after more than a decade of growth. CEO Mike Whitmire said the figure had been the company's original financial goal.

   floqast.com
6. Mar 15, 2023Milestone

   Expands into Australia and New Zealand

   FloQast announced its expansion into Australia and New Zealand, with fintech veteran Jason Toshack hired to lead the regional push from Sydney.

   floqast.com
7. Jul 21, 2021Funding

   Series D - $110M led by Meritech Capital at a $1.2B valuation

   FloQast raised $110 million in Series D funding led by Meritech Capital with Redpoint Ventures, Sapphire Ventures, Coupa Ventures, Insight Partners, Polaris Partners and Norwest Venture Partners, becoming a unicorn at a $1.2 billion valuation and bringing total raised to $203 million. Meritech general partner George Bischof joined the board.

   floqast.com
8. Jun 9, 2021Milestone

   Opens London office to serve EMEA customers

   FloQast opened a London office with a local team, giving it a physical presence in EMEA to service a growing list of European customers.

   floqast.com
9. Jan 21, 2020Funding

   Series C - $40M led by Norwest Venture Partners

   Norwest Venture Partners led a $40 million Series C with participation from existing investors Insight Partners and Polaris Partners, taking total equity raised to $93 million.

   floqast.com
10. Jun 21, 2017Funding

    Series B - $25M led by Insight Venture Partners

    FloQast completed a $25 million Series B led by Insight Venture Partners, joined by existing investors Toba Capital and Polaris Partners, bringing total capital raised to $33 million. Insight vice president Harley Miller joined the board. The company reported more than eight consecutive quarters of 40% quarter-over-quarter revenue growth.

    floqast.com
11. March 2016Funding

    Series A - $6.5M co-led by Polaris Partners and Toba Capital

    FloQast raised $6.5 million in Series A funding co-led by Polaris Partners and Toba Capital, with participation from Amplify.LA, Wavemaker Partners and Danmar Capital. Polaris partner Gary Swart joined the board.

    finsmes.com
12. 2013Founded

    Founded in Los Angeles by Mike Whitmire, Cullen Zandstra and Chris Sluty

    FloQast was co-founded in 2013 by Mike Whitmire, Cullen Zandstra and Chris Sluty in Sherman Oaks, California, building cloud software that connects the applications accountants use daily to organize, collaborate and close the books faster.

    finsmes.com