Market Overview

FloQast Named to JMP Securities' 2018 List of "Hot 100 Privately Held Software Companies"


Close management platform debuts on 2018 best software companies
list; garners accolades as integration is proven quicker and more
efficient than legacy solutions

a provider of close management software created by accountants for
accountants to close faster and more accurately, today announced it has
been named to the JMP Securities' Hot 100 list of the Best Privately
Held Software Companies in 2018. FloQast is a cloud-based accounting
software solution dedicated to helping accounting teams reconcile their
month-end close up to three days faster, more efficiently and accurately.

, a San Francisco-based, full-service investment bank,
publishes its annual "Hot 100" list to highlight the best privately held
software companies as determined by the firm's technology equity
research group. 2018 marks the ninth edition of this report. JMP
Securities selects the Hot 100 based on a range of criteria, including
prospects for addressable market opportunity, competitive
differentiation, sustainable growth, product value-add, and quality of

"The month-end close is a manual, cumbersome process that is crying out
for automation," said Michael Whitmire, CPA*, co-founder and CEO of
FloQast. "Legacy solutions focused on the requirements of very large
organizations and taking a replacement approach for common financial
tools don't address the broader market's true needs. FloQast's quick to
deploy and integrated approach to close management software continues to
surge and is rapidly gaining new adherents."

FloQast is accompanied on the 2018 Hot 100 list by other notable private
software companies of which 15 are customers of FloQast, including
Puppet, Druva, Databricks, and Sumo Logic.

FloQast continues to be recognized by multiple organizations and is
quickly garnering accolades. It was just ranked as one of the top 15
medium-sized companies in the Los Angeles Business Journal's 100 Best
Places to Work, rising seven spots in rank in its second year listed.
The survey and awards program was designed to identify, recognize and
honor the best employers in Los Angeles, benefiting the county's
economy, workforce and businesses.

FloQast also received the highest score by Gartner amongst vendors in
Lower Midsized Organization Use Case in its 2018
Critical Capabilities for Cloud Financial Close Solutions
published August 9, 2018. Gartner considers the lower mid-market as
organizations with annual revenues between $50-$500 million and that are
headquartered and have the majority of their operations in a single

To learn how FloQast helps accounting teams close faster and more
accurately, visit
and follow on Facebook
and Twitter.

* Inactive

Required Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select
only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose.

About FloQast:

FloQast is award-winning close management software, created by
accountants for accountants to close faster and more accurately. On
average, accounting teams who rely on FloQast close three days faster.
Seamlessly integrated with ERPs and leveraging your existing checklists
and Excel, FloQast provides a single place to manage the month-end close
and gives everyone visibility. The cloud-based software is trusted by
hundreds of accounting departments, including those at Door Dash,
AdRoll, Indeed, Shopify,, Twilio, Dollar Shave Club, Zillow
and The Golden State Warriors. To learn more, visit
and join the conversation on Twitter @floqast.

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