
FloQast, a financial operations platform, has successfully raised $100 million in a Series E funding round, achieving unicorn status with a valuation of $1.6 billion. The funding round was led by ICONIQ Growth, with participation from existing investors including Sapphire Ventures, BDT & MSD Partners, WIL Ventures, and Meritech Capital. Founders Mike Whitmire, Chris Sluty, and Cullen Zandstra were specifically acknowledged for their roles. This capital injection aims to fuel FloQast's global expansion and further its innovation in accounting automation through artificial intelligence. The company expressed gratitude towards its investor partners for their support in this significant milestone.



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🎉💸💸🎉FloQast cements $100M funding to accelerate growth and innovation in finance automation. https://t.co/o6Hk6aASJi @FloQast @ICONIQGrowth @bdtmsdpartners @wilvc_us @MeritechCapital @SapphireVC #fintech #funding #news #Startups #Topfundinground https://t.co/9pGkMWnGuh