# BlackLine

**Source:** https://www.startuphub.ai/startups/blackline
**Profile type:** Startup

> Cloud-based financial close and accounting automation software for enterprises.

## About

BlackLine provides cloud-based services to automate and manage the entire financial close process, including consolidation, invoice-to-cash, and intercompany accounting. Their platform helps organizations streamline financial operations, enhance controls, and gain real-time insights.

## Key facts

- **Slug:** blackline
- **Website:** https://www.blackline.com
- **Location:** Woodland Hills, California, United States
- **Founded:** 2001-01-01
- **Operating status:** Active
- **Total funding:** $1.4B
- **Sectors / tags:** Financial Software, Accounting Software, Enterprise Software, Cloud-based Services, Financial Close Automation, Intercompany Accounting, Invoice-to-Cash, Consolidation, Controls Assurance, Digital Finance Transformation
- **Social:**
  - Facebook: https://www.facebook.com/BlackLine

## Frequently asked

### What does BlackLine do?

BlackLine provides cloud-based services to automate and manage the entire financial close process, including consolidation, invoice-to-cash, and intercompany accounting. Their platform helps organizations streamline financial operations, enhance controls, and gain real-time insights.

### What is BlackLine's valuation?

StartupHub estimates BlackLine's effective valuation at $5.6B (range $3.4B to $8.1B, 10% confidence), based on comparable companies in the sector.

### How much funding has BlackLine raised?

BlackLine has raised a total of $1.4B in funding. The most recent round on record is IPO.

### Where is BlackLine headquartered?

BlackLine is headquartered in Woodland Hills, California, United States.

### When was BlackLine founded?

BlackLine was founded in 2001.

### What industry does BlackLine operate in?

BlackLine operates in Financial Software, Accounting Software, Enterprise Software, Cloud-based Services, Financial Close Automation, Intercompany Accounting.

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