Tuesday, January 21, 2020

FloQast Finds $40M More

Los Angeles-based FloQast, which develops financial close management software, has raised $40M in its Series C funding round, the company said on Tuesday. The funding was led by Norwest Venture Partners. The company said it has now raised over $90M in total funding for its software products. FloQast is led by CEO Mike Whitmire. The company has previously raised fundnig from Amplify LA, Danmar Capital, Insight Venture Partners, Polaris Partners, Toba Capital, and Wavemaker Partners. Southern California has a substantial number of fintech companies, including such notable companies as Blackline (also in financial close management); Yardi (real estate property management); SurePrep (tax automation software); BQE (accounting management); Restaurant365 (accounting for restaurants), AuditBoard (risk and compliance management), and many, many others. More information »