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Meritech Capital led a $110m series D funding round in FloQast.

Synopsis

Meritech Capital, an American private equity company, led a $110m series D funding round in FloQast, an accounting software provider, with participation from Redpoint Ventures, Sapphire Ventures, Coupa Ventures, Insight Partners, Polaris Partners, and Norwest Venture Partners. "Today’s finance and accounting functions are undergoing major transformations to become more automated, collaborative and insightful. FloQast has established itself as the market leader in enabling these transitions by delivering easy-to-use, non-disruptive solutions that work the way accounting and finance professionals work," George Bischof, Meritech Capital General Partner.

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