Company News

Acclaimed Tech Investor Deven Parekh Joins FloQast’s Board of Directors

Sep 04, 2019 | By John Siegel

Deven Parekh

Six years into our journey to create a solution accounting teams can depend upon to transform the way they operate, we’re excited to announce the addition of renowned investor Deven Parekh of Insight Partners to the FloQast Board of Directors.

With more than 20 years of experience, Deven is joining the board during a period of rapid growth. Deven will work with FloQast’s leaders to expand the company’s reach and help drive the company’s vision to revolutionize the financial close process for private and public companies around the world.

Deven’s decision to join the board comes as strong validation of the close management market and our significant growth — and traction — in it. As an investor, Deven has guided numerous emerging growth SaaS companies in their transition from promising startups to industry leaders and established brands. Since joining Insight Partners in 2000, Deven has managed investments in application software, data, and consumer internet businesses globally. His previous notable investments include Chegg, Tumblr, and Twitter and he has been selected to the Forbes Midas List for five straight years and Top 100 Venture Capitalist by CB Insights in 2016, 2018, and 2019.

Welcome aboard!

John Siegel
John Siegel is a Content Creation Manager for FloQast. Prior to joining the company, he wrote about Los Angeles-based tech companies for Built In LA. You can follow him on Twitter @JVNSiegel.

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