Datarails Inks $70M Series C
2026-01-21
NEW YORK, NY, Datarails, the leading AI-native financial platform providing a single source of truth for the CFO's Office, announced it has raised $70 million in Series C funding.
Datarails, the leading AI-native financial platform providing a single source of truth for the CFO's Office across FP&A, cash management, month-end close, and spend control, announced it has raised $70 million in Series C funding. This investment brings Datarails' total funding to $175 million.
The company's unique approach is built around making AI the foundation of the CFO's Office, while enabling finance teams to continue using Excel - by far their core software of choice. The new funding will be used to accelerate Datarails' geographic expansion across North America and EMEA, further increase investment in R&D, and open up the possibility of acquiring other players in the sector in the coming months.
Led by One Peak, a specialist growth equity investor, new and existing investors participating in the round include Vertex Growth, Vintage Investment Partners, Zeev Ventures, Innovation Endeavors, Joey Low, Qumra Capital, and Claltech. The investment comes as Datarails' platform saw 70% year-over-year revenue growth, with its team nearly doubling to over 400 employees globally in 2025.
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