Flatfile, a Denver, CO-based provider of an AI-assisted data exchange, raised $50M in Series B funding.
The round was led by Tiger Global with participating from Gradient Ventures, Scale Ventures, Workday Ventures, Afore Capital, Two Sigma Ventures, with angel investors including founding executives and leadership from Airtable, DocuSign, LinkedIn, and Gainsight.
The company intends to use the funds to expand and support its fastest growing segment, which is global enterprise companies.
Led by CEO David Boskovic, Flatfile aims to eliminate repetitive work and makes B2B data exchange error-free via a platform that automatically learns how imported data should be structured and cleaned, enabling customers and teams to spend more time using their data instead of fixing it. The customer base includes thousands of developers and 500 companies across the world. So far, the company has completed over 25 billion data mapping decisions for companies like Sage, ClickUp, Square, AstraZeneca, CBRE and Spotify.
Soon, Flatfile will release a major update that will enable developers to build directly on top of its underlying platform components ā import, match, merge, export ā so they can stitch together all the pieces required to move information to and from their system.
FinSMEs
27/09/2022