Flatfile Raises $35 Million in Sequence A Funding Led by Scale Enterprise Companions
flatfile 35m series scale venture partners, DENVER–(BUSINESS WIRE)–Flatfile, the groundbreaking data onboarding software program program agency, proper this second launched $35 million in Sequence A funding. The spherical was led by Scale Enterprise Companions, with participation from Workday Ventures. and former merchants along with Afore Capital, Google’s AI-focused enterprise fund, Gradient Ventures, and Two Sigma Ventures. Amongst a list of extremely efficient angels investing on this spherical you’ll uncover founders of Area, Looker, and Section. This brings the company’s full funding to virtually $45 million, $42.6 million of which has been raised in merely the ultimate 12 months. This latest infusion of capital may be used to hurry up the company’s development of its all-remote workforce, along with continued product enchancment.
Data onboarding agency @flatfilers proclaims that $35 million #SeriesA funding spherical, led by @scalevp, will fund experience acquisition and continued data onboarding innovation.
Flatfile provides software program program that helps corporations world broad automate the way in which through which they onboard data. From purchaser relationship administration (CRM) devices to digital medical testing platforms, Flatfile’s shoppers can merely ingest, normalize, and validate data from third occasions — usually shoppers — guaranteeing it’s instantly usable of their strategies. The company’s merchandise routinely study the way in which imported data from third occasions must be structured and cleaned, which allows shoppers to spend additional time using data versus fixing it.
With a goal to protect tempo with escalating demand for its choices, Flatfile will use this funding to significantly improve hiring. Since its founding, Flatfile has been focused on developing a world-class crew dedicated to fixing powerful data points — regardless of the place they dwell. Founders David Boskovic and Eric Crane think about an all-remote crew lets them provide the very best experience at scale to assist Flatfile’s imaginative and prescient to permit seamless data transactions between every group on the earth. They prioritize hiring good minds and self-starters and reward them with a workplace custom that focuses on explicit individual possession and distinctive work perks, resembling a designer dwelling office and a work-from-home lease stipend.
The company has constructed strong momentum in a short timeframe, rising Flatfile’s purchaser base to larger than 300 companies from world broad. The company’s crew has now helped onboard and transform over 700 million rows of data for companies like Toast, HubSpot, ClickUp, and Blackbaud.
“We spend cash on corporations that are revolutionizing enterprise software program program and fixing frequent, however tough, points with data,” said Rory O’Driscoll, Companion, Scale Enterprise Companions. “Flatfile’s choices are essential for saving companies a unprecedented amount of every time and effort as they work to beat the daily inefficiencies associated to importing data. The company’s quick progress serves as proof that the data onboarding class may be transformative for data administration along with the final purchaser experience.”
“We’re on the forefront of fixing a problem that plagues companies in every commerce all through the globe,” said Boskovic. “This not solely creates giant market potential, however moreover makes for an thrilling work ambiance. Our crew is developing the know-how which will enable and description how virtually every commerce adopts software program program and exchanges data. This work is essential to accelerating innovation and we’re excited to have merchants like Rory and Scale betting on the unimaginable crew that’s coming collectively spherical this imaginative and prescient.”
For additional particulars about Flatfile, please go to flatfile.io.
Flatfile’s imaginative and prescient is to permit seamless data transactions between every group on the earth. With AI-assisted data onboarding, they eliminate repetitive work and make B2B data change fast, intuitive, and error-free. Flatfile routinely learns how imported data must be structured and cleaned, enabling shoppers and teams to spend additional time using their data instead of fixing it. Flatfile has transformed over 700 million rows of data for companies like ClickUp, Blackbaud, Benevity, and Toast. To review additional about Flatfile’s merchandise, Portal and Concierge, e-mail firstname.lastname@example.org or get started freed from cost at flatfile.io.
About Scale Enterprise Companions
Scale is a Silicon Valley-based enterprise capital company that invests in the end leaders of enterprise software program program. We had been early merchants in SaaS pioneers like Area, DocuSign, HubSpot, RingCentral, and Bill.com and proceed that customized with investments in transformational enterprise software program program from companies like JFrog, WalkMe, CircleCI, KeepTruckin, BigID, and Lever. Our Scale Studio platform leverages an unmatched dataset of 800+ worthwhile startups to offer founders benchmarks on their agency’s “Essential Indicators” — the growth and dealing metrics that matter most. Examine additional about our people, portfolio, and views at www.scalevp.com.