FloQast Raises $100 Million In Series E Funding Round Led By ICONIQ Growth

RAISE IMAGE: Andy Cohen, Mike Whitmire & Roy Luo DATE: 04/11/2024 COMPANY: FloQast INVESTORS: WiL (World Innovation Lab), Sapphire Ventures, Meritech Capital Partners, ICONIQ Growth & BDT & MSD Partners ROUND: Series E AMOUNT: $100,000,000 VALUATION: $1,600,000,000 NOTE: FloQast, a leading provider of finance and accounting operations platforms, has raised US$100 million in a Series E funding round led by ICONIQ Growth, propelling the company to a post-money valuation of US$1.6 billion. With participation from BDT & MSD Partners and World Innovation Lab (WiL) and continued support from Meritech Capital and Sapphire Ventures, this funding signifies a significant milestone in FloQast's journey. CEO and Co-Founder Mike Whitmire highlighted the company's commitment to empowering finance and accounting teams worldwide with innovative AI-driven solutions, aiming to enhance efficiency, accuracy, and compliance. With a client base including industry giants like Twilio and Zoom, FloQast is poised to continue its trajectory of growth, innovation, and global expansion. HQ: #ShermanOaks #California #VentureCapital #FloQast #WiL #WorldInnovationLab #SapphireVentures #MeritechCapitalPartners #ICONIQGrowth #BDTandMSDPartners #MikeWhitmire #RoyLuo #AndyCohen #TradedVC

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Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard KnocksPuppy Sphere (@ThePuppySphere), a New York-based wellness brand centered on the human-animal bond, has raised a Seed round from a group of strategic investors including The School of Hard Knocks, Tobi Oluwole, Jake Fleshner, Torch Collective, former Massage Envy CEO David Humphrey, and other founders and operators. Founded by Francesca Albo and Lea Burbidge Izquierdo, Puppy Sphere has scaled its puppy yoga concept into a broader experiential wellness platform with 13 studios, corporate wellness programs, brand partnerships, and live activations, serving more than 450,000 customers and partnering with companies including Google, Amazon, Netflix, TikTok, and the NBA. FUN FACT: Puppy Sphere was born from two Canadian founders’ own mental health journeys and has since grown into 13 studios across North America, $14M+ in cumulative revenue, and 450,000+ customers, all without outside capital. Along the way, the brand has welcomed names like Sabrina Carpenter, Simu Liu, Trevor Noah and Alessia Cara, while building a broader wellness platform around the gentle power of puppy therapy. Now Puppy Sphere is opening its cap table for the first time through a strategic angel round, bringing together leaders across media, consumer growth and wellness, including The School of Hard Knocks, former Massage Envy CEO David Humphrey, growth entrepreneur Tobi Oluwole, and Nucleus Network co-founder Jake Fleshner, alongside a broader group of strategic founders and operators. The vision: bring the gentle power of puppy therapy across the globe. FOUNDERS: Francesca Albo (@FrancescaaAlbo), Lea Burbidge Izquierdo (@LeaburbIz) INVESTORS: The School of Hard Knocks (@TheSchoolofHardKnockz), Tobi Oluwole (@TheTobiOluwole), Jake Fleshner (@JakeFleshner) Torch Collective, Heather Stark, Will Bodewes, Craig Zingerline & more ROUND: Seed VALUATION CAP: $24,000,000 HQ: New York, New York #VentureCapital #PuppySphere #TradedPartner #FrancescaAlbo #TradedVC