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Datarails is a financial planning and analysis platform (FP&A) that automates data consolidation, reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models. Automating these time-consuming manual processes paves the way for finance teams to spend more time analyzing data and less time gathering it. DataRails empowers teams to answer essential strategic questions like what their organization can do to increase revenue and reduce expenses.
Offices: New York, Israel
Additional Investors: Zeev Ventures, Vertex Ventures, ClalTech, Innovation Endeavors, Vintage Investment Partners, ORYZN, Icon VentureLa and Maison Partners
Datarails Wins The Most Promising B2B Startup Award for 2022
November 2, 2022
Datarails added another prestigious award to its showcase of business awards over the past few years. The native Excel FP&A software solution ranked as the number one Most Promising B2B Startup by The Information, a top technology news site.
DataRails Raises $50M Series B Funding Led by Qumra Capital
March 10, 2022
DataRails, the financial planning and analysis (FP&A) platform for Excel users, announced today that it has raised $50M in Series B funding. The round, which was led by Qumra Capital, follows a 5x growth in revenue in the past year, positioning DataRails as the market leader in FP&A software for small and medium-sized businesses.
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