FloQast

FloQast is an accounting software provider based in Los Angeles, California, founded in 2013. The company offers a cloud-based accounting transformation platform designed to automate and streamline financial close processes for corporate accounting departments. Built by accountants for accountants, FloQast aims to simplify workflows and enhance productivity. As a SaaS provider, FloQast utilizes AI and machine learning to improve efficiency and accuracy in financial operations. The platform includes tools for month-end close management, account reconciliations, compliance, and financial planning. Key features include FloQast Close for organizing workflows, FloQast AutoRec for automating reconciliations, and FloQast Flux for financial analysis. The platform integrates with various ERP solutions and Excel to centralize financial processes. FloQast serves over 3,000 accounting teams globally, including notable clients like Twilio, the Los Angeles Lakers, and Zoom. The company has grown to approximately 800 employees and has raised over $282 million in funding, achieving a valuation of $1.6 billion.

Top 100 SaaS by revenue (GetLatka). A SaaS company retooling its product to be AI-native.