AI finance startup Datarails secures $70 million Series C at $550 million valuation

AI finance startup Datarails secures $70 million Series C at $550 million valuation

Following a year of 70% revenue growth, Datarails secured $70 million to scale its AI platform that automates financial workflows within Excel. The company plans to use the investment to grow its presence in North America and EMEA while expanding its team of nearly 400 employees.