Floqast
Valuation
$1.6B
2024 Revenue
$100M
Customers
1K
Funding
$229.9M
Avg ACV
$100K
Team
832
Founded
2013
How Floqast CEO Mike Whitmire grew Floqast to $100M revenue and 1K customers in 2024.
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. Since its launch in 2013, Floqast has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Floqast Hit $100m revenue in June 2024 |
| 2018 | Floqast Hit $8m revenue in March 2018 |
| 2013 | Launched with $0 revenue |
Floqast Valuation, Funding Rounds
Floqast reached a $1.6B valuation in 2021, set during its Series D round.
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 |
|---|---|---|---|---|
| 2021 | Series D | $110M | $1.2B | 9% |
| 2020 | Series C | $40M | - | - |
| 2020 | Series C | $27M | - | - |
| 2018 | Venture Round | $20M | - | - |
| 2017 | Series B | $25M | - | - |
| 2016 | Series A | $6.5M | - | - |
| 2014 | Seed Round | $1.3M | - | - |
| 2013 | Pre Seed Round | $50K | - | - |
Floqast Employees & Team Size
Floqast employs approximately 832 people as of 2026, up from 571 in 2024.
Floqast has 832 total employees in different roles and functions and 114 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 832 employees (November 2025) |
| 2024 | Reached 571 employees (October 2024) |
| 2023 | Reached 571 employees (September 2023) |
| 2023 | Reached 521 employees (July 2023) |
| 2023 | Reached 534 employees (January 2023) |
| 2022 | Reached 514 employees (January 2022) |
| 2021 | Reached 291 employees (August 2021) |
| 2021 | Reached 251 employees (July 2021) |
| 2020 | Reached 178 employees (December 2020) |
| 2020 | Reached 154 employees (June 2020) |
| 2019 | Reached 135 employees (December 2019) |
| 2018 | Reached 125 employees (December 2018) |
| 2018 | Reached 95 employees (March 2018) |
Founder / CEO
Mike Whitmire
Inactive CPA turned Entrepreneur. I love building software that helps accountants go home early.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 36 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Floqast acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Floqast
What is Floqast's revenue?
Floqast generates $100M in revenue.
Who is the CEO of Floqast?
The CEO of Floqast is Mike Whitmire.
How much funding does Floqast have?
Floqast raised $229.9M.
How many employees does Floqast have?
Floqast has 832 employees.
Where is Floqast headquarters?
Floqast is headquartered in Sherman Oaks, California, United States.
Read More About Floqast
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .