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About BlackLine
Industries
Enterprise Software
Fintech
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$194.5M
Headquarters
Los Angeles, California
Founded
2001
Overview
BlackLine provides cloud-based solutions designed to automate and streamline financial close processes for finance and accounting departments. Its platform operates on a Software-as-a-Service (SaaS) model, allowing clients to subscribe and access a suite of tools that enhance efficiency and accuracy in financial operations. BlackLine primarily targets large enterprises and multinational corporations, offering robust financial controls to manage complex accounting needs. Unlike many competitors, BlackLine focuses specifically on the financial technology sector, ensuring its solutions are tailored for the unique challenges faced by finance teams. The company's goal is to help businesses improve their financial processes through automation, ultimately leading to more accurate and timely financial reporting.
Simplify's Take
What believers are saying
- Increased demand for real-time insights boosts adoption of BlackLine's Studio360 platform.
- Recognition as Most Innovative FinTech Solution enhances BlackLine's market leadership.
- Appointment of seasoned executives strengthens global sales and European operations.
What critics are saying
- New Chief Commercial Officer may cause strategic shifts affecting revenue operations.
- Studio360's market adoption may face challenges impacting customer satisfaction.
- CFO Mark Partin's retirement could lead to transitional challenges in financial strategy.
What makes BlackLine unique
- BlackLine is the only EFCA provider recognized as a Leader by Gartner.
- The platform supports the entire close-to-disclose process with real-time automation.
- BlackLine's Studio360 integrates Snowflake's data cloud for enhanced data scalability and security.
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Funding
Total Funding
$194.5M
Above
Industry Average
Funded Over
3 Rounds
Benefits
100% Employee paid Health Benefits
Café stocked full with fruit, snacks and drinks
Discounted gym membership
Competitive compensation
Onsite training and career development
401(k) plan with competitive matching
Table Tennis, poker, FIFA and tons of competition
Seasonal celebrations
Team get-togethers and happy hours
Company sports leagues and fitness groups
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↑ 0%Stuart Van Houten, Will Join BlackLine Effective February 17, 2025, and Succeed Mark Woodhams as Head of Global Sales Team BlackLine Expects Fourth Quarter and Full Year 2024 Revenue to Meet or Slightly Exceed High End of Guidance Range; Reaffirms Non-GAAP Operating Margin Guidance LOS ANGELES, Jan. 13, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) (“BlackLine” or the “Company”), the future-ready platform for the Office of the CFO, today announced that Stuart Van Houten, a seasoned technology and enterprise SaaS veteran, will assume the newly created role of Chief Commercial Officer on February 17, 2025. Mr. Van Houten will be responsible for leading the Company’s global sales organization and revenue operations. He will succeed BlackLine’s current Chief Revenue Officer, Mark Woodhams, as head of the global sales team
Accounting and finance automation solutions provider BlackLine has unveiled the BlackLine Studio360 Platform, which unifies financial operations at scale, streamlines processes, and delivers actionable insights across all financial functions.
BlackLine has unveiled its latest platform, Studio360, designed to provide real-time visibility into financial data for finance professionals.
By integrating Snowflake's data cloud with BlackLine's powerful Studio360, finance teams gain unmatched data scalability, security, and speed.
LOS ANGELES, Nov. 18, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, has been recognized as the Most Innovative FinTech Solution by the 2024 Tech Ascension Awards. This prestigious award celebrates BlackLine’s commitment to delivering cutting-edge solutions that empower Finance and Accounting teams worldwide to achieve accurate, efficient, and intelligent financial operations. The 2024 Tech Ascension Awards evaluated companies based on their ability to solve critical business challenges, offer unique, user-centric solutions, and drive exceptional results. Continued Commitment to Digital Finance Transformation “Our mission has always been to inspire, power, and guide digital finance transformation,” said Therese Tucker, founder co-CEO of BlackLine. “Being recognized as the Most Innovative FinTech Solution underscores our dedication to creating solutions that address the evolving needs of the Office of the CFO
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About BlackLine
Industries
Enterprise Software
Fintech
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$194.5M
Headquarters
Los Angeles, California
Founded
2001
There are no jobs for BlackLine right now.
Find jobs on Simplify and start your career today