DataBlend Raises Seed Funding

DataBlend, a Stowe, VT-based finance-focused Integration Platform-as-a-Service (iPaaS) provider, raised an undisclosed amount in Seed funding.

The round was led by FreshTracks Capital and The Dudley Fund.

The company intends to use the funds to continue to enhance its product and expand its use at organizations across the US, Europe, and Australia.

Led by CEO, David Furth, and Founder Ethan Carlson, DataBlend provides an Integration Platform-as-a-Service (iPaaS) solution designed for CFOs, controllers, and their teams. Companies use it to collect and join data from multiple sources, build workflows (e.g., field-to-field mapping, pivot tables, and additional data transformations through virtually custom scripting possibilities), and schedule events. Featuring a no-code, low-code workflow builder, it allows accounting and finance professionals to create secure data integrations.

DataBlend has experienced rapid growth in the last two years. Its customer base has expanded to more than 600 organizations and its partner network has expanded to more than 25 resellers, including RKL eSolutions, SWK Technologies, Wipfli, and Net at Work, as well as other software publishers including Fluence Technologies.

DataBlend, a Stowe, VT-based finance-focused Integration Platform-as-a-Service (iPaaS) provider, raised an undisclosed amount in Seed funding. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.

Shishir Gupta, The Founder & CEO of StartupLanes

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