Datarails Raises $70 Million Series C to Expand AI-Driven Finance Platform

Datarails has raised $70 million in Series C funding led by One Peak, with participation from Vertex Growth, Vintage Investment Partners, Zeev Ventures, Innovation Endeavors, Joey Low, Qumra Capital, and Claltech, announced in a press release. The new round brings the company’s total funding to $175 million.

The funding will support Datarails’ geographic expansion across North America and EMEA, increased investment in research and development, and potential acquisitions. The company reported 70% year-over-year revenue growth and a global team of over 400 employees.

Datarails’ platform, FinanceOS, integrates core finance functions including FP&A, cash management, month-end close, and spend control, while allowing finance teams to continue using Excel. The company also introduced new AI-powered Strategy, Planning, and Reporting Finance Agents that generate reports and analysis from unified ERP, CRM, HRIS, and Excel data.

These agents enable finance professionals to perform tasks such as profitability analysis, predictive forecasting, and budget variance review directly within their existing workflows. The new tools are now available to all Datarails customers.