DataSnipper is the leading intelligent automation platform for audit and finance professionals. The platform’s advanced algorithms ensure accurate data extraction while automatically cleansing and formatting the information for seamless integration into existing systems. By automating routine tasks, DataSnipper allows audit and finance professionals to focus on high-value activities, ultimately improving efficiency and accuracy in their work.
DataSnipper has raised $100 million in a Series B round at a valuation of $1 billion. The new round was led by venture capital firm Index Ventures.
DataSnipper, Amsterdam, Netherlands, was founded in 2017 by Jonas Ruyter, Kai Bakker, and Maarten Alblas. “DataSnipper is on a mission to change the culture of audit and unlock auditors and finance professionals to do their best work – applying specialized skills rather than scouring files to verify data,” noted CEO Vidya Peters. “Our customers tell us we’ve made their job fun for the first time. By automating repetitive tasks, DataSnipper redefines the ground-rules through technology. Audits can be done more quickly and to a higher quality, while challenger firms can take on more complex and strategic assignments. DataSnipper lets auditors focus their expertise on assessments of risk and strategy, and to play that essential advisory role that no algorithm can.”
