Data Onboarding Firm Flatfile Raises $35m

In the US, data onboarding firm Flatfile has raised $35m in a Series A round of funding, which it will use to expand its all-remote workforce, and for product development.

Flatfile provides software that helps businesses around the world automate the way they onboard data, including that from customer relationship management (CRM) tools. Clients can also ingest, normalize and validate data from third parties - usually customers, and can spend more time using data as opposed to fixing it thanks to products which automatically learn how imported data from third parties should be structured and cleaned.

New funding has been led by Scale Venture Partners, with participation from Workday Ventures, and previous investors including Afore Capital, Google's AI-focused venture fund, Gradient Ventures, and Two Sigma Ventures. This brings the company's total funding to nearly $45m.

Flatfile co-founder David Boskovic (pictured) comments: 'Our team is building the technology that will enable and define how nearly every industry adopts software and exchanges data. This work is critical to accelerating innovation and we're excited to have our investors betting on the incredible team that's coming together around this vision'.

Web site: www.flatfile.io .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.