DataRails

About

DataRails is a financial platform for spreadsheet management solutions for financial organizations.

Tel Aviv,Tel Aviv,Israel
101 - 250
http://www.datarails.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $50M
Industries: Financial Services,FinTech,Information Technology,SaaS,Software
Founded date: Jan 1, 2015
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: DataRails Ltd.

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.

Automating these time-consuming manual processes paves the way for finance teams to spend more time analyzing data and less time gathering it. And it empowers them to answer essential strategic questions like what their organization can do to increase revenue and reduce expenses.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$103.50M

DataRails has raised a total of $103.50M in funding over 2 rounds. Their latest funding was raised on Mar 10, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 10, 2022	Series B	$50M	9	Qumra Capital	—	Detail
Jun 21, 2021	Series A	$25M	4	—	—	Detail
Apr 20, 2021	Series A	$18.50M	3	Zeev Ventures	—	Detail
Nov 1, 2020	Pre-seed	—	1	—	—	Detail
Jun 1, 2018	Series A	$3M	3	Innovation Endeavors	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

14

DataRails is funded by 14 investors. Qumra Capital and ClalTech are the most recent investors.

Investor Name	Lead Investor	Funding Round
Qumra Capital	Yes	Series B
ClalTech	—	Series B
Innovation Endeavors	—	Series B
Joey Low	—	Series B
La Maison Partners	—	Series B
Oryzn Capital	—	Series B
Vertex Ventures Israel	—	Series B
Vintage Investment Partners	—	Series B
Zeev Ventures	—	Series B
Legziel Family	—	Pre-seed