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]
Datarails was founded in 2015 by Israeli tech veterans Didi Gurfinkel (CEO), Eyal Cohen (COO) and Oded Har-Tal (CTO).[5][6]
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]
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]
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]
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]
Datarails releases several annual reports such as The CFO's Office 2.0 which has been cited in news sites including Financial Times,[24] Fortune,[25] and Forbes.[26]
Datarails’ annual CFO Sentiments survey is also released annually and has been covered by media including CFO Dive.[27]
