FloQast Raises $1.3 Million | Los Angeles Business Journal
Summary
FloQast, a software platform designed to help accountants close their books, has raised $1.3 million. The money will go toward building new versions of the accounting platform and taking the product to market. The Valley Village startup joined Amplify LA’s accelerator last June after receiving $50,000 in seed funding. “Financial statements are one of the most important parts of a business,” said Chief Executive Michael Whitmire, a former Ernst & Young auditor and Cornerstone OnDemand accountant. “Audits can be very expensive so the more organized an accounting department, the better.” Toba Capital led the round by financing $1 million.
Funding
Amount
$1.3M
Total raised
Date
November 5, 2014
Announcement date
Investors
Toba Capital, Wavemaker Partners
Lead investors
Company
http://www.floqast.com
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
Accounting Software
SaaS
AI Software
Linked Companies
FloQast
$100M to $250M