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§ Private Profile · Denver, CO, USA
Data onboarding platform automating secure customer data exchange for SaaS apps and enterprise, ensuring error-free data imports.
Flatfile is a software company that provides a data onboarding platform designed to automate, validate, and secure the exchange of customer information for complex enterprise applications. The organization operates on a subscription software model, generating approximately $5 million in annual recurring revenue while supporting a growing workforce of nearly 100 employees. Its core technology is currently utilized by approximately 500 corporate customers across various sectors, including major recognizable enterprises such as Spotify, HubSpot, Square, Toast, and AstraZeneca. To finance its continued expansion, Flatfile has secured significant venture capital backing, highlighted by a recent $50 million Series B funding round led by Tiger Global. This institutional investment also included strategic participation from prominent financial backers like Gradient Ventures and Two Sigma Ventures. The organization was officially founded in 2018 by David Boskovic and Eric Crane.
Flatfile has raised $95.0M across 4 funding rounds.
Flatfile has raised $95.0M in total across 4 funding rounds.
Flatfile is an AI-powered data preparation and migration platform that enables teams to extract, map, transform, and validate messy, unstructured data from files into clean, API-ready structured data.[1][2][3] It serves software development teams, business users, data analysts, and enterprises handling complex data onboarding, such as customer imports from CSVs or Excel, solving the persistent pain of manual data cleaning, mapping errors, and compliance risks that slow product adoption and increase engineering costs.[1][2][5] Trusted by over 300 companies including AstraZeneca, Square, and Sage, Flatfile delivers 4.7x faster onboarding, 95% auto-mapping via AI, and 78% of customers live within 30 days, with metrics like 70% reduction in import time and 100% success rates driving growth.[1][2][3]
Flatfile was founded in 2018 by David Boskovic (CEO) and Eric Crane, who identified recurring frustrations with slow, high-effort data preparation across multiple companies.[6][9] Boskovic, drawing from prior experiences, sparked the idea for an embeddable CSV importer to automate mapping, transformation, and validation of raw customer data—eliminating manual work between users and their data.[3][4][9] Early traction came swiftly from developers facing these pains, scaling to handle millions of end-user file imports annually for major software firms.[4] Pivotal moments included evolving from a simple importer to the full Data Exchange Platform in recent years, incorporating customer feedback for complex workflows, AI agents, and human-in-the-loop collaboration, while expanding from data import to comprehensive migration workspaces.[1][4][6]
Flatfile stands out in data onboarding through these key strengths:
Flatfile rides the explosive growth of AI-driven data infrastructure amid surging demand for seamless onboarding in SaaS, fintech, and healthcare, where 80% of data onboarding time is wasted on manual fixes.[3][4] Timing is ideal as enterprises shift from brittle ETL pipelines to collaborative, frontend-focused tools for "messy" file-based imports—fueled by remote work, AI agents, and regulations like GDPR—enabling faster go-lives and higher retention.[1][5] Market forces like developer shortages and rising data volumes favor Flatfile's no-code/low-code extensibility, influencing the ecosystem by powering scale for leaders like Square and accelerating AI adoption in data prep, from import buttons to multi-stage migrations.[1][4][6]
Flatfile is poised to dominate AI-assisted data exchange as agentic workflows proliferate, expanding from import specialist to full migration orchestrator with deeper integrations and no-code AI for non-devs. Trends like multimodal data (e.g., beyond CSVs) and real-time collaboration will shape its path, potentially capturing ETL-adjacent markets while maintaining human-in-loop trust for high-stakes use cases. Its influence could evolve into the de facto standard for enterprise data onboarding, turning "flat" files into strategic assets—just as its pioneers envisioned a world where data migrates itself.[3][9]
Flatfile has raised $95.0M across 4 funding rounds. Most recently, it raised $50.0M Series B in September 2022.
Flatfile has raised $95.0M in total across 4 funding rounds.
Flatfile's investors include Tiger Global, 2048 Ventures, Afore Capital, Alt Capital, Bread and Butter Ventures, Cedar Capital Group, Construct Capital, Cyberstarts VC, Flybridge Capital Partners, Greycroft, Insight Partners, Meron Capital.