Company Overview
Snapshot
Founded in May 2015 by Didi Gurfinkel, Eyal Cohen, and Oded Har-Tal, DataRails operates with 201–500 employees. The company has raised a total of $173.5 million across 8 funding rounds from 17 investors. In January 2026, DataRails secured a Series C funding round led by One Peak, signaling strong investor confidence and a strategic focus on AI-driven financial solutions.
Business overview
DataRails provides a cloud-based platform designed for finance professionals to manage, share, and store company spreadsheet data securely. Its core technology upgrades Excel into an enterprise-ready management solution, offering enhanced control, collaboration, and regulatory compliance. The platform enables users to aggregate business information, convert raw data into visualizations, and connect Excel files to business intelligence solutions, serving financial institutions and enterprises in the financial services sector.
Strategic signal
In January 2026, DataRails raised a $70 million Series C round led by One Peak, with a valuation of $550 million. This significant investment, following 70% revenue growth, is earmarked for accelerating geographic expansion across North America and EMEA, increasing R&D, and potentially acquiring other companies. This signals a strong growth trajectory and a strategic shift towards becoming a platform company offering a FinanceOS that integrates AI-driven applications for financial operations.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent funding event for DataRails?
- In January 2026, DataRails raised a $70 million Series C funding round led by One Peak, with participation from. This round valued the company at $550 million.
- How has DataRails been recognized for its growth?
- In November 2024, DataRails was ranked 92nd on the Deloitte Technology Fast 500 list, demonstrating a 1372% revenue growth. This marked its second consecutive year on the list, highlighting consistent growth and innovation.
- What is DataRails' strategy for expansion?
- Following its Series C funding in January 2026, DataRails announced plans to accelerate geographic expansion across North America and EMEA. The company also intends to invest further in R&D and explore potential acquisitions to support its transformation into a platform company.
- What was a notable operational challenge faced by DataRails?
- In December 2022, DataRails laid off 18% of its workforce, including 30 employees, primarily in sales and technical support in the U.S. This decision was part of a strategy to achieve profitability and involved cutting the marketing budget.
- What is the company's approach to AI in finance?
- DataRails is positioning itself as an AI-native financial platform, aiming to make AI the foundation of the CFO's office. Research published by DataRails in March 2026 indicated that nearly one in three finance job postings now explicitly require AI skills, up from one in four a year prior, underscoring the growing importance of AI in the finance sector.