Valuation
$1.6B
2024 Revenue
$100M(Est.)
Customers
1K
Funding
$229.9M
Avg ACV
$100K
Team · 2025
832
Founded
2013
Floqast Revenue, Valuation & Funding (2024)
Floqast generated an estimated $100M in annual revenue in 2024. Source: GetLatka estimate
FloQast is a Los Angeles-based company that provides cloud-based accounting software designed to streamline the financial close process for organizations. Their platform automates many of the manual tasks associated with the close process, such as reconciliations, journal entries, and variance analysis, and provides real-time visibility into the status of the close. FloQast also offers a collaboration platform that enables team members to communicate and work together more effectively, as well as tools for workflow management and compliance. The company's software is designed to integrate with leading ERP and financial systems, such as NetSuite, Oracle, and QuickBooks. FloQast's goal is to help finance teams increase efficiency, reduce errors, and gain greater control over their financial close process.
Last updated
Floqast Revenue
In 2024, Floqast's revenue reached $100M. The company previously reported $8M in 2018.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Floqast Hit $100m revenue in June 2024 | Estimated |
| 2018 | Floqast Hit $8m revenue in March 2018 | Estimated |
| 2013 | Launched with $0 revenue |
Floqast Valuation, Funding Rounds
Floqast's most recent disclosed valuation is $1.6B.
Floqast has raised $229.9M in total funding across 8 rounds, most recently a $110M Series D round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series D | $110M | $1.2B | 9% | Not recorded |
| 2020 | Series C | $40M | - | - | Not recorded |
| 2020 | Series C | $27M | - | - | Not recorded |
| 2018 | Venture | $20M | - | - | Not recorded |
| 2017 | Series B | $25M | - | - | Not recorded |
| 2016 | Series A | $6.5M | - | - | Not recorded |
| 2014 | Seed | $1.3M | - | - | Not recorded |
| 2013 | Pre-Seed | $50K | - | - | Not recorded |
Founder / CEO
Mike Whitmire
CEO
Inactive CPA turned Entrepreneur. I love building software that helps accountants go home early.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 36 |
Customers
Floqast serves 1K customers.
Floqast Employees & Team Size
Floqast employs approximately 832 people as of 2026, up from 571 in 2024, including 114 sales reps that carry a quota. It serves 1K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 832 employees (November 2025) | Not recorded |
| 2024 | Reached 571 employees (October 2024) | Not recorded |
| 2023 | Reached 571 employees (September 2023) | Not recorded |
| 2023 | Reached 521 employees (July 2023) | Not recorded |
| 2023 | Reached 534 employees (January 2023) | Not recorded |
| 2022 | Reached 514 employees (January 2022) | Not recorded |
| 2021 | Reached 291 employees (August 2021) | Not recorded |
| 2021 | Reached 251 employees (July 2021) | Not recorded |
| 2020 | Reached 178 employees (December 2020) | Not recorded |
| 2020 | Reached 154 employees (June 2020) | Not recorded |
| 2019 | Reached 135 employees (December 2019) | Not recorded |
| 2018 | Reached 125 employees (December 2018) | Not recorded |
| 2018 | Reached 95 employees (March 2018) | Not recorded |
Frequently Asked Questions about Floqast
What is Floqast's revenue?
As of 2024, Floqast generated an estimated $100M in annual revenue.
What is Floqast's valuation?
Floqast's last reported valuation is $1.6B.
When was Floqast founded?
Floqast was founded in 2013.
Who is the CEO of Floqast?
The CEO of Floqast is Mike Whitmire.
How much funding does Floqast have?
Floqast raised $229.9M across 8 rounds.
How many employees does Floqast have?
As of 2025, Floqast had 832 employees.
Where is Floqast headquartered?
Floqast is headquartered in Sherman Oaks, California, United States.
Compare Floqast to the industry
Floqast operates across multiple industries. Browse revenue, funding, and growth data for Floqast in each sector below.
Read More About Floqast
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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