DataSnipper Reaches $1B Valuation with $100M Funding

Press Release

DataSnipper Recognized on Forbes Fintech 50 List

February 28, 2024

DataSnipper, the leading intelligent automation company, is proud to announce its recognition by Forbes on The 50 Hottest Fintech Startups for 2024. Forbes additionally featured DataSnipper CEO, Vidya Peters, in Eight CEOs Making Their Debut On The Fintech 50. These debut recognitions showcase the positive impact DataSnipper has in the audit and finance industry.  

Forbes’ ninth annual Fintech 50 List showcases companies that continue to innovate, grow, and adapt even as the industry suffers layoffs, lower valuations, and a fall in venture capital support. DataSnipper is one of the 13 first-time honorees, recognized for its AI-powered innovative platform and successful recent funding round.

The Forbes team evaluates hundreds of fintech companies, considering factors such as product novelty, customer and revenue growth, and leadership team diversity. DataSnipper now counts 1,400 accounting firms including Deloitte, EY, KPMG, and PwC, as clients – DataSnippers revenue grew 150% last year and raised $100 million in funding at a $1 billion valuation at the start of 2024.

Forbes also featured DataSnipper as a newcomer harnessing innovative technology and AI to power capital markets, highlighting DataSniper’s role in shaping the future of Wall Street and Enterprise businesses.  

Being included on the Forbes Fintech 50 List is a testament to DataSnipper’s product, delivering cutting-edge technology across the audit and financial industry. The AI-powered platform aims to transform the audit process and empower finance professionals to optimize their productivity and efficiency.  

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