News Formal

FloQast used this pitch deck to raise $40 million for its software - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

LA startup FloQast raised $40 million with this pitch deck that shows how even accounting software can inspire passion

FloQast CEO Mike Whitmire own frustrations as an auditor and corporate accountant helped inspire him to create his company.simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

FloQast released its its product in 2015 and now has some 800 customers, including Lyft and the Los Angeles Lakers.Click here for more BI Prime stories"Accounting" and "passion" are not two words that typically go together. But for Mike Whitmire, they're a perfect fit. FloQast's cloud-based software plugs into and downloads data from companies' enterprise resource planning systems, such as those from Oracle, Microsoft, and SAP, and also connects with the reconciliation spreadsheets they've put together in Microsoft Excel. The software is designed to allow accounting teams to work together on one set of numbers so they're all on the same page.

BlackLine has shown that there's a sizeable business to be made in the space. That company, which offers similar software that's largely targeted at enterprise-class companies, is on track to post around $286 million in revenue for 2018. AWhitmire and his team have designed FloQast to serve the customers that BlackLine generally hasn't — mid-size and smaller enterprise companies that have anywhere from 200 to 10,000 employees.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Gonna change the world...!

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Deliverr used this pitch deck to raise $40 million to challenge Amazon - Business InsiderThe 25-year-old founder of startup Deliverr used this pitch deck to raise $40 million to challenge Amazon by helping online retailers offer free shipping
Source: BusinessInsider - 🏆 729. / 51 Read more »

Deliverr used this pitch deck to raise $40 million to challenge Amazon - Business InsiderThe 25-year-old founder of startup Deliverr used this pitch deck to raise $40 million to challenge Amazon by helping online retailers offer free shipping
Source: BusinessInsider - 🏆 729. / 51 Read more »

How the cofounders of baby-food company Yumi raised $8 million - Business InsiderThe exact strategies that helped a former analyst and journalist raise $8 million for their organic baby-food company from billion-dollar brand names like Uber and Sweetgreen (by RobinMadell)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Servier Pharmaceuticals CEO David Lee shares career advice - Business InsiderServier Pharmaceuticals CEO David Lee told Business Insider how he advanced his career using 3 key tools: results, reputation, and relationships. Clickbait.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Instagram influencer shares media kit, brand pitch: 100,000 followers - Business InsiderInfluencer Macy Mariano shares a copy of the most up-to-date version of her media kit, which she sends to brands when pitching sponsorship deals.
Source: BusinessInsider - 🏆 729. / 51 Read more »