# #floQast

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

> Cloud-based financial close management software that automates accounting processes using AI.

## About

FloQast offers an AI-powered accounting transformation platform that optimizes the close, automates workflows, ensures connected compliance, and integrates record-to-report processes. It serves accounting and finance operations, CFOs, controllers, and accountants across various industries by leveraging AI agents to automate tasks, reduce audit fees, and improve accuracy and efficiency.

## Key facts

- **Slug:** floqast
- **Website:** https://floqast.com/
- **Location:** Los Angeles, United States
- **Founded:** 2013-01-01
- **Employees:** 862
- **Operating status:** Active
- **Total funding:** $303M
- **Sectors / tags:** Accounting Automation, Accounting Software, Financial Close Management, Workflow Automation, Enterprise Software, AI-Powered Automation, Finance Technology, Cloud-based Software, B2B SaaS
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/floqast/
  - Twitter: https://x.com/floqast
  - Facebook: https://www.facebook.com/floqast

## Frequently asked

### What does #floQast do?

FloQast offers an AI-powered accounting transformation platform that optimizes the close, automates workflows, ensures connected compliance, and integrates record-to-report processes. It serves accounting and finance operations, CFOs, controllers, and accountants across various industries by leveraging AI agents to automate tasks, reduce audit fees, and improve accuracy and efficiency.

### What is #floQast's valuation?

StartupHub estimates #floQast's effective valuation at $1.1B (range $804.5M to $1.5B, 30% confidence), based on comparable companies in the sector.

### How much funding has #floQast raised?

#floQast has raised a total of $303M in funding. The most recent round on record is Series E.

### Where is #floQast headquartered?

#floQast is headquartered in Los Angeles, United States.

### When was #floQast founded?

#floQast was founded in 2013.

### What industry does #floQast operate in?

#floQast operates in Accounting Automation, Accounting Software, Financial Close Management, Workflow Automation, Enterprise Software, AI-Powered Automation.

### How many employees does #floQast have?

#floQast has approximately 862 people on record.

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