Datarails
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Datarails

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Datarails

Datarails is an Israeli multinational software development company. It is a financial planning and analysis (FP&A) platform for Microsoft Excel users. Based in Tel Aviv, Israel Datarails is also incorporated in Delaware.

Datarails was founded in 2015 by Israeli tech veterans Didi Gurfinkel (CEO), Eyal Cohen (COO) and Oded Har-Tal (CTO).

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.

In December 2022 Datarails laid off 18% of its team.

Datarails uses AI and machine learning to support real-time financial consolidation and data visualization, It has integrated AI tools within its platform to enhance the speed of compiling financial analysis. The company holds patents for its Excel-to-database transformation technology.

In 2024, Datarails launched a Cash Management solution for CFOs.

In 2026, the company's launched new Strategy, Planning, and Reporting AI Finance Agents promise to answer complex financial questions with fully formatted assets.

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.

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