FloQast

FloQast is a Los Angeles-based SaaS company founded in 2013 that specializes in cloud-based close management software. The platform is designed to streamline accounting workflows, automate reconciliations, and minimize errors for corporate accounting teams. Co-founded by CPAs and former accountants, FloQast addresses inefficiencies in accounting processes, drawing from the founders' extensive experience in the field. The company's core offering includes customizable checklists, task assignments, and integrations with Excel and ERP systems to facilitate month-end closes. In 2019, FloQast introduced FloQast AutoRec, an AI-powered tool that enhances reconciliation automation. With a focus on collaboration and efficiency, FloQast has grown significantly, expanding its workforce to over 550 employees and achieving a valuation of $1.2 billion. The company has received recognition for its software, including a G2 Crowd award for Best Software for Finance Teams.