Datarails Raises $50M To Supercharge Financial Analytics And Other Tools For Excel Spreadsheet Acolytes
Amount Raised
$50 Million
Round Type
Funding Round
New YorkFinancial ServicesSoftwareFinanceFintechDescription
It’s estimated that there are more than 1 billion people using Microsoft’s Excel in the world today, and a significant part of those are smaller business people, and of those, 80% lean on the spreadsheet software to keep track of their finances. Now, a startup called DataRails, which has built a set of financial planning and analytics tools for those users, so that they can get more out of their numbers on Excel (or whatever spreadsheet app is being used, for that matter), is announcing some funding on the back of seeing strong take-up of its product.
Quick answer
DataRails raised $50 Million in a Funding Round round, dated March 10, 2022. DataRails is based in New York, New York, United States.
- How much did DataRails raise?
- DataRails raised $50 Million in a Funding Round round on March 10, 2022.
- What does DataRails do?
- Datarails is a financial planning and analysis platform that automates financial reporting and planning, while enabling finance teams to continue benefiting from the familiar spreadsheets and financial models of Excel.
- Where is DataRails based and how big is it?
- DataRails is based in New York, New York, United States. Fundz records about 399 employees.
- Who are the decision-makers at DataRails?
- Fundz holds 1 contact at DataRails. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as DataRails that raised within 45 days of this round, from Fundz verified event records.
- Circle Internet Group, Inc. raised $400M (Funding Round) on April 12, 2022.
- Grain raised $16M (Funding Round) on April 12, 2022.
- CAIS raised $100M on April 6, 2022.
- ClearBank raised $230M (Funding Round) on March 18, 2022.
- Jupiter raised $203K (Pre-Seed) on March 15, 2022.
- Jupiter raised $22M (Funding Round) on March 14, 2022.
Who to call at DataRails, and when
A new round usually means DataRails is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day DataRails raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DataRails, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at DataRails. With Fundz connected, it knows.
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Fundz sees it the moment DataRails raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
DataRails raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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