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FloQast Honored as Fastest Growing Tech Company in 2016 American Business Awards

Jun 20, 2016 | By Aidan Anderson

FloQast Fastest Growing Tech CompanyFloQast is honored to be named the winner of a Silver Stevie® Award for Fastest Growing Private Companies, Technology category, in the 14th Annual American Business Awards. Award winners will be announced today, June 20th, at the award gala in New York. More than 3,400 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

“FloQast is honored to be nationally recognized for our immense growth and product development achievements,” said Mike Whitmire, CEO and co-founder of FloQast. “FloQast is built by accountants, and our vision - from inception - has been to make accountants’ lives easier. We’ve experienced the massive pain that is the month end close and knew we had to create a dedicated solution to solve those challenges.”

More than 250 professionals worldwide participated in the judging process to select this year’s Stevie Award winners. FloQast was recognized both for significant revenue growth and product maturity over the course of 2015. A few highlights:

  • 5,000% YoY revenue growth (2015 over 2014)
  • 120% employee growth
  • Product Development: Checklist overhaul, review notes and lock and roll features
  • Product Integrations: API’s developed for Intacct, Netsuite, Box, Dropbox and Google Drive
  • Raised $6.5M Series A funding from Polaris Partners and Toba Capital
  • Client Satisfaction Net Promoter Score (NPS) Evaluation: Scored 135% higher than the average among financial services applications
  • 1,000% YoY increase in new clients
  • Awards: G2 Crowd High Performer, Winter 2015
  • Security and Compliance: SOC Certification

One of the Stevie Award judges commented, “As a CEO I have a lot of experience with the hassles surrounding the accounting closing process. This area of accounting is underserved and ripe for innovation, and I applaud FloQast for its successes.”

“The judges were extremely impressed with the quality of entries we received this year. The competition was intense and every organization that has won should be proud,” said Michael Gallagher, president and founder of the Stevie Awards.

Follow this link to see the full list of 2016 Stevie Award Winners.

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Aidan Anderson

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