Datarails Secures $70M Series C to Scale AI-Native Finance Platform and Pursue M&A

New updates have been reported about Datarails.

Datarails has raised $70 million in Series C funding to accelerate its push to make AI the core operating layer of the CFO’s office while keeping Excel at the center of finance workflows. Led by growth equity firm One Peak, with participation from existing backers including Vertex Growth, Vintage Investment Partners, Zeev Ventures, Innovation Endeavors, Joey Low, Qumra Capital, and Claltech, the round lifts Datarails’ total funding to $175 million. The company reported 70% year-over-year revenue growth in 2025 and nearly doubled its global headcount to more than 400 employees, underscoring strong adoption of its AI-native, Excel-based financial platform. The new capital will be used to expand geographically across North America and EMEA, increase investment in product and AI R&D, and support potential acquisitions of other finance technology providers in the near term.

Datarails positions its FinanceOS as the “decision engine” of the CFO’s office, consolidating siloed workflows across FP&A, month-end close, cash management, and spend control into a single source of truth, while allowing teams to continue working in Excel, which remains the dominant tool for finance professionals. Management highlighted that over half of the company’s 2025 growth came from products launched in the prior 12 months, including Month-End Close, which visualizes and streamlines close processes, and Cash Management, which connects to bank data in real time for liquidity forecasting and cash flow control. The company is also rolling out Strategy, Planning, and Reporting AI Finance Agents that sit on top of unified ERP, CRM, HRIS, and Excel data to deliver board-ready outputs and support use cases such as profitability drivers, predictive forecasting, and budget variance analysis. CEO and Co-founder Didi Gurfinkel framed AI as a structural transformation opportunity for finance functions, moving from manual data handling to AI-driven decision support. For investors and enterprise finance leaders, the funding signals growing confidence that an AI-first, Excel-native architecture can become a category-defining platform for modern CFO organizations, with Datarails now capitalized to scale, broaden its product set, and potentially consolidate competitors.