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FloQast Raises $25 Million to Accelerate Company Growth and Expand Adoption of Its Close Management Software

FloQast, Inc., a provider of close management software created by accountants for accountants to close the books faster and more accurately, announced today completion of a $25 million Series B round of financing. The funds will be used to accelerate product innovation, expand into overseas markets and scaling of the Company’s go-to-market capabilities.

Insight Venture Partners led the investment round, joined by current FloQast investors Toba Capital and Polaris Partners. The new funding brings FloQast’s total capital raised to date to $33 million. With the investment, Harley Miller, vice president of Insight Venture Partners, will join FloQast’s board of directors.