Datarails
American multinational software development company
From Wikipedia, the free encyclopedia
Datarails is an Israeli multinational software development company. It is a financial planning and analysis (FP&A) platform for Microsoft Excel users.[1][2][3] Based in Tel Aviv, Israel Datarails is also incorporated in Delaware.[4]
| |
| Company type | Privately held company |
|---|---|
| Industry | Software |
| Founded | 2015 |
| Founders | Didi Gurfinkel, Eyal Cohen, and Oded Har-Tal |
| Headquarters | , |
| Website | datarails |
History
Datarails was founded in 2015 by Israeli tech veterans Didi Gurfinkel (CEO), Eyal Cohen (COO) and Oded Har-Tal (CTO).[5][6][7]
In June 2021, the company had raised US$55 million in Series A funding led by Israeli investor Zeev Ventures who was joined by Vertex Ventures, Innovation Endeavors, and Vintage Investment Partners. It completed its Series B in March 2022 and raised another $50 million led by Israel's Qumra Capital who were joined by La Maison Partners, and Claltech.[8][9][10][11]
In December 2022 Datarails laid off 18% of its team.[12]
Product and services
Datarails uses AI and machine learning to support real-time financial consolidation and data visualization,[13] It has integrated AI tools within its platform to enhance the speed of compiling financial analysis.[14] The company holds patents for its Excel-to-database transformation technology.[15]
In 2024, Datarails launched a Cash Management solution for CFOs.[16]
In 2026, the company's launched new Strategy, Planning, and Reporting AI Finance Agents promise to answer complex financial questions with fully formatted assets. [17]
Controversy
In August 2024 BBB National Programs’ National Advertising Division recommended that Datarails clearly and conspicuously disclose its material connection to The Finance Weekly website where endorsement, rankings, and reviews appear.[18]
Recognition
In October, 2022, Datarails won The Most Promising Startup Award in the category of B2B and Cybersecurity from tech news site The Information.[19]
In November 2024, Datarails was ranked at 92nd in the Deloitte Technology Fast 500 growing company in North America.[20] In 2025, Datarails was ranked 113th in the Deloitte Technology Fast 500. [21]
In 2023, Datarails was listed by Inc. as one of America's Fastest-Growing Companies,[22] and a Power Partner.[23]