US-based data onboarding software provider Flatfile secured $35 million yesterday in a series A round featuring enterprise software producer Workday and internet technology provider Google.
Venture capital firm Scale Venture Partners led the round, which included Afore Capital and Two Sigma Ventures. Workday took part through its Workday Ventures subsidiary while Google invested through artificial intelligence fund Gradient Ventures.
Flatfile has developed artificial intelligence-equipped software that enables businesses to seamlessly exchange data. It will channel the funding into product development and increasing headcount.
Afore Capital led a $2m round for Flatfile in September 2019, participating alongside Gradient Ventures, Founder Collective, Designer Fund, Liquid2 Ventures and various angel investors.
The company added $7.6m in a June 2020 seed round led by Two Sigma Ventures and backed by Gradient Ventures, Afore Capital, Designer Fund, HNVR, Work Life Ventures, Quiet Capital, Basecamp Fund and Soma Capital.
