Floqast

Floqast

Cloud-based close management software for reconciliation

Overview

FloQast provides a cloud-based financial close management platform for mid-sized to large enterprises. It helps accounting teams streamline and automate the close process by connecting to ERP systems and Excel workbooks to automate reconciliations, validate general ledger balances, and organize documents for audits. Built-in flux analysis helps explain material changes in financial data. The product is delivered via a subscription model and is designed to be quick to implement, with full setup and training possible within two weeks. FloQast differentiates itself through tight ERP/Excel integration, a focus on collaborative, auditable closing workflows, and features that simplify reconciliation and audit preparation. The goal is to make the financial close faster, more accurate, and easier to audit, reducing manual effort for accounting teams.

About Floqast

Simplify's Rating
Why Floqast is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

501-1,000

Company Stage

Series E

Total Funding

$302.9M

Headquarters

Los Angeles, California

Founded

2013

Get referred to Floqast

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • September 2026 TakeControl launched Transform agents, Detect, and Operational Audit.
  • Lucia Wind joined September 2026, strengthening credibility with risk and compliance buyers.
  • RSM, EY, and Forvis Mazars alliances widen distribution into enterprise and mid-market.

What critics are saying

  • SAP, Oracle NetSuite, and BlackLine pressure FloQast with broader finance suites.
  • September 2026 AI launches raise auditability risk if outputs fail COSO scrutiny.
  • A slowdown in enterprise close automation spending would hit expansion and hiring plans.

What makes Floqast unique

  • FloQast built auditable AI workflows around accounting controls, not generic copilots.
  • January 2026 ARR passed $200 million, proving strong product-market fit.
  • May 2026 Forvis Mazars Germany partnership and Berlin hub accelerate DACH expansion.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$302.9M

Meets

Industry Average

Funded Over

8 Rounds

Notable Investors:
Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Meet Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1.3B
Epic Games
$1.5B
Airbnb

Benefits

Unlimited PTO

Company-Wide Social Events

Cold Brew/Nitro On Tap

Generous Paid Parental Leave

Competitive Compensation

401k (No Matching)

Unlimited Snacks and Drinks

Family Forming Support, Benefits & Reimbursement

Pet Care Discount Program

Stock Options

Education Reimbursement

Medical, Dental, Vision (100% paid)

Charitable Donation Matching

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 0%

2 year growth

↑ 1%
Case Sabatini
Sep 18th, 2026
Tech News: Infinite Ties rolls out bevvy of new content for CAS development.

Tech News: Infinite Ties rolls out bevvy of new content for CAS development. Plus, FloQast launches governed workflow agents, AI journal review; CPA Crossings launches AI-enhanced CPE management; and other accounting tech news.

GlobeNewswire
Sep 16th, 2026
FloQast introduces new AI accounting innovations at TakeControl 2026 and names COSO Chair Lucia Wind as SVP of Risk & Audit Advisory.

FloQast introduces new AI accounting innovations at TakeControl 2026 and names COSO Chair Lucia Wind as SVP of Risk & Audit Advisory. New capabilities bring auditability, scalability, and accuracy to accounting workflows. September 16, 2026 12:00 ET | Source: FloQast LOS ANGELES, Sept. 16, 2026 (GLOBE NEWSWIRE) - FloQast, the Accounting Workflow Automation platform created by accountants for accountants, today unveiled a suite of innovations at its annual TakeControl user conference, alongside the announcement that Lucia Wind, Board Chair and outgoing Executive Director of COSO, has joined the company as SVP, Risk & Audit Advisory. TakeControl packs two days with original research, practitioner sessions, and technical education. The event, held September 16-17, brings together 40 speakers from companies like AWS, Equinox, EY, and Meta, across accounting, finance, audit, risk, and compliance, and offers more than 10 CPE credits. The products introduced today all start from the same premise that accounting AI has to clear a higher bar than AI in other functional areas. Every output needs to be explainable, and every decision needs to be reconstructible for an auditor. The AI-powered products that FloQast is launching today deliver on that promise end to end. "Accounting is entering a new era where AI can fundamentally change how teams operate, automating routine tasks and freeing up time for higher-judgment work," said FloQast co-founder and CEO Mike Whitmire, CPA (inactive), FCA. "What we are unveiling at TakeControl is designed to give accounting teams the ability to move faster with AI while maintaining the accuracy, governance, and auditability their work demands." New Innovations Include: Transform now builds agents from your workflows - FloQast Transform can now reverse-engineer the end-to-end workflows your team runs each month and turn them into AI agents. Hand FloQast files from a close your team has already finished, and Transform builds an AI agent that runs that process for you: documented, tested against numbers your team already approved, and ready to show your auditor. No IT or coding required - your accounting team builds it themselves, and they sign off on every step before it goes live. COSO GenAI Module governs AI agents with COSO compliance built in - FloQast will soon operationalize COSO's GenAI governance framework so teams can wrap their AI agents in COSO-compliant governance - risk assessment, control environment and activities, and ongoing monitoring and assurance - directly inside the platform. Audit evidence will write itself with connectivity between Transform and FloQast Connected Compliance. AI Assistant reviews journal entries before accountants approve them - FloQast's AI Assistant puts AI on every page of FloQast, answering questions, preparing and reviewing work, and meeting teams inside the workflows they use every day. Its first application is journal entry review, built into FloQast Journal Entry Management. When a preparer submits an entry, the reviewer can ask for an AI review before approving it. The Assistant flags errors and anomalies, scores audit risk, explains its reasoning, and recommends a fix.The human makes every call. Detect flags transaction anomalies before the books close - FloQast Detect is an AI-powered transaction monitoring tool that learns normal patterns on a per-subsidiary, per-account basis, and flags anomalies before the books close. Each flagged transaction is assessed for GL impact, routed for review, and signed off with a full audit trail. User-defined rules layer on top, codifying the team's own review criteria and applying them to every transaction, every period. Operational Audits allow teams to manage their entire audit universe in one place - FloQast Operational Audit is an expansion of FloQast's internal audit capabilities to cover the entire audit plan, including SOX testing, other compliance audits, and now, operational audits. Built around your team's own methodology, AI drafts the audit plan. AI executes your testing. One click generates an executive-ready report from live audit data. Evidence, testing, and documentation all live in a single view. COSO Chair Lucia Wind Joins FloQast In conjunction with the release of these new products, FloQast has hired Lucia Wind, Board Chair of COSO, as SVP, Risk & Audit Advisory. Wind oversaw COSO's publication of its generative AI governance framework earlier this year, the same framework FloQast is operationalizing in the COSO AI Module, beginning with a full capability, risk and control mapping. COSO's guidance is the standard against which accounting and audit teams are increasingly expected to govern their AI agents. "My career has been built around helping organizations manage risk, strengthen controls, and build trust in their reporting, especially as technology reshapes how those functions operate," said Lucia Wind, Floqast SVP of Risk & Audit Advisory. "FloQast understands the challenges teams face as they adopt new digital tools and is creating solutions that make a real difference. I'm excited to bring my experience to a team that is helping clients build finance, audit, and risk practices that are modern, resilient, and ready for long-term success." About FloQast Created by accountants for accountants, FloQast's Accounting Workflow Automation platform helps teams automate accounting and audit workflows with auditable AI. Trusted by more than 3,500 global accounting teams - including Lululemon, Chipotle, and Shopify - FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can leverage the latest AI advancements to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve overall accuracy, visibility, and collaboration. FloQast also offers the FloQast Certified Accountant (FCA) program, a free certification designed to help accounting professionals build practical AI skills. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.

Riau One
Aug 11th, 2026
FloQast recognized by Inc. as one of America's fastest growing private companies for fourth consecutive year.

FloQast recognized by Inc. as one of America's fastest growing private companies for fourth consecutive year. The company's continued recognition on Inc. 5000 reflects strong customer growth and a vision for the future of accounting NEW YORK, Aug. 11, 2026 (GLOBE NEWSWIRE) - FloQast today announced it has been named to the 2026 Inc. 5000 list, the annual list of the fastest-growing private companies in America. This recognition reflects FloQast's leadership in transforming accounting through AI-powered innovation, as organizations increasingly adopt intelligent automation to streamline financial operations, fueling the company's rapid growth and placing it among the nation's most successful entrepreneurial businesses. "Making the Inc. 5000 four years running is a direct reflection of the trust finance and accounting leaders place in FloQast," said Mike Whitmire, CPA (inactive), FCA, co-founder and CEO of FloQast. "Modern accounting departments face unprecedented complexity, and our mission is to give them genuine leverage. By integrating AI where it matters most, we're helping teams transition from reactive reporting to proactive leadership. I couldn't be prouder of our team's execution." This year's Inc. 5000 recognizes a new class of companies redefining what growth looks like. From AI and advanced manufacturing to healthcare, consumer products and professional services, these businesses are expanding their impact, creating jobs and proving that entrepreneurial ambition continues to fuel the U.S. economy. Among the top 500 companies on the list, the median three-year revenue growth rate was 130%, and those companies have collectively added more than 627,208 jobs to the U.S. economy over the past three years. For the full list, company profiles, and a searchable database by industry and location, visit: www.inc.com/inc5000. "Every company on the Inc. 5000 has a story of perseverance, smart decision making, and a refusal to sit still," says Mike Hofman, editor-in-chief of Inc. "Their growth reflects more than strong financial performance-it reflects creativity, resilience, and the customer focus required to build companies that make a lasting impact. We congratulate all honorees on this significant achievement." Keuangan & Audit Building on this momentum, FloQast will host TakeControl 2026 on September 16-17, 2026 - its flagship annual conference for accounting and finance leaders. This year's event brings together 40 speakers and practitioners from companies including Meta, Chipotle, Equinox, Gong, and AG1 to explore how AI is reshaping the accounting function. Centered on the theme "Setting the New Standard for Accounting AI," TakeControl 2026 will feature product announcements, practitioner-led sessions, and a closing mainstage conversation on AI governance and accountability featuring executives from Meta and a former PCAOB board member. Register here. Inc. 5000 List Methodology Temukan lebih banyak Pembelajaran Mesin & Kecerdasan Buatan Companies on the 2026 Inc. 5000 are ranked according to percentage revenue growth from 2022 to 2025. To qualify, companies must have been founded and generating revenue by March 31, 2022. They must be U.S.-based, privately held, for-profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2025. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2022 is $100,000; the minimum for 2025 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. About Inc. Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping its future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com. About FloQast Created by accountants for accountants, FloQast's Accounting Workflow Automation platform allows accountants to automate accounting and audit workflows with auditable AI. Trusted by more than 3,500 global accounting teams - including Lululemon, Chipotle, and Shopify - FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. Referensi Geografis With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast also offers the FloQast Certified Accountant (FCA) program, a free certification designed to help accounting professionals build practical AI skills. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com. John Siegel Senior Content Marketing Manager Communications Lead [email protected]

FloQast
Feb 3rd, 2026
FloQast Launches "How to Prevent an MLB Lockout": An 8-Part Series Exposing the Financial Reality Behind Major League Baseball's Looming Labor Woes

FloQast launches "How to Prevent an MLB Lockout": an 8-part series exposing the financial reality behind Major League Baseball's looming labor woes. FloQast Press Releases Get accounting insights delivered directly to your inbox! LOS ANGELES - February 3, 2026 - FloQast, the Accounting Transformation Platform created by accountants for accountants, today announced the launch of The 2027 Lockout, a new 8-part original video series exploring the complex financial systems that threaten to derail Major League Baseball. Hosted by FloQast co-founder and CEO Mike Whitmire, CPA (inactive, FCA), the series provides a breakdown of MLB's economics to educate fans and stakeholders before the current Collective Bargaining Agreement (CBA) expires. While FloQast is best known for automating accounting operations for over 3,500 global organizations, including franchises across major professional sports leagues, this series marks a new approach to financial storytelling. Drawing on Whitmire's unique perspective as a former auditor, accountant, and current CEO of an accounting SaaS company, How to Prevent an MLB Lockout moves beyond box scores to analyze the ledger entries that actually dictate the future of the sport. "As an accountant and a baseball fan, I look at the league's financial structure and see a crisis that is completely solvable, yet seems headed toward a lockout," said Mike Whitmire, CEO of FloQast. "We typically help accounting teams close their books faster, but for this series, we wanted to open the books on baseball. From the $335 million loopholes exploited by big-market teams to the hidden impact of gambling revenue, we are showing the math that proves why the current system is broken, and proposing a specific roadmap to fix it." Moving beyond the field, the series dissects the accounting loopholes and massive revenue disparities - from "hidden" regional sports network (RSN) profits to the undefined impact of the $100 billion gambling industry - that make a future work stoppage appear inevitable. Whitmire uses actual available financial data to demonstrate why a salary cap is mathematically impossible under the current system, revealing a broken economic structure that disadvantages both fans and players. The investigation culminates in a solution-oriented finale titled "The Final Proposal," presenting a comprehensive 10-point plan designed to prevent a 2027 lockout. Combining forensic accounting with player perspectives, the series outlines a roadmap for "MLB Frontier," a proposed entity to centralize media rights and modernize revenue sharing. The first episode will be released on YouTube and Spotify at 10 a.m. PST. About FloQast Created by accountants for accountants, FloQast's Accounting Transformation Platform allows accountants to automate accounting and audit workflows with auditable AI. Trusted by more than 3,500 global accounting teams - including Lululemon, Chipotle, and Shopify - FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast also offers the FloQast Certified Accountant (FCA) program, a free certification designed to help accounting professionals build practical AI skills. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.

Kobiz Media Co., Ltd.
Jan 6th, 2026
FloQast Honored by Built In's 2026 Best Places to Work Awards

FloQast honored by Built In's 2026 Best Places to Work awards. The company named a Best Remote Places to Work, Best Midsize Places to Work in Chicago, and Best Midsize Places to Work in Los Angeles on Built In's Best Places to Work lists. LOS ANGELES, Jan. 06, 2026 (Korea Bizwire) - FloQast, the Accounting Transformation Platform created by accountants for accountants, today announced it has been recognized by Built In as one of the Best Places to Work in 2026. The annual awards honor employers across the U.S. whose benefits and compensation set the standard for today's workforce. FloQast was honored on the Best Remote Places to Work, Best Midsize Places to Work in Chicago, and Best Midsize Places to Work in Los Angeles lists. The awards reflect Built In's data-driven approach, evaluating companies based on compensation, benefits, and company-wide culture programs. "We are incredibly proud to be recognized by Built In for the eighth consecutive year," said Mike Whitmire, CPA (inactive), FCA, Co-founder and CEO of FloQast. "This milestone is a testament to the incredible team we've built and our unwavering focus on fostering a high-impact, collaborative environment. As we expand our presence in hubs like Chicago and continue our growth in Los Angeles, we remain dedicated to providing an office experience where our employees can engage deeply with one another and the mission of the company." This recognition marks FloQast's eighth year on Built In's prestigious list, underlining a long-standing reputation for excellence in the Los Angeles tech scene. While FloQast has deep roots in Southern California, its inclusion on the Best Midsize Places to Work in Chicago list highlights the company's strategic domestic expansion. The company established its Chicago office, located in the Loop, in early 2025. Today, the office is home to over 50 hybrid-remote FloQasters. This growth is fueled by a workplace culture that prioritizes professional development and work-life balance, making FloQast a top destination for professionals shaping the future of accounting technology. For more information about working at FloQast and open positions, visit the careers page. Now in its eighth year, Built In's Best Places to Work program celebrates the companies shaping the future of work. In a rapidly evolving AI-first job market, recognition as a Best Place to Work helps employers stand out as trusted brands when candidates turn to tools like ChatGPT and Google AI Overviews to research where to work next. "Today's candidates discover the companies they want to work for using AI tools," said Maria Christopoulos Katris, Founder & CEO of Built In. "Earning a Best Place to Work award not only signals to candidates that you invest in your people, it's a lever to strengthen how AI search tools understand and represent your company's story." To learn more about the 2026 Best Places to Work program and view all winners, visit https://employers.builtin.com/best-places-to-work/. About FloQast FloQast, the Accounting Transformation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 3,500 global accounting teams - including Twilio, Los Angeles Lakers, and Zoom - FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.

Recently Posted Jobs

Sign up to get curated job recommendations

Floqast is Hiring for 29 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →