DataSnipper

Excel-based audit and finance automation from Amsterdam: document matching, extraction and cross-referencing inside the spreadsheet, used by all Big Four firms and valued at $1bn after a $100m Series B in 2024.

Audit Europe · www.datasnipper.com · Directory listing

Founded	2017, Amsterdam; second headquarters in New York
Founders	Maarten Alblas, Kai Bakker, Jonas Ruyter; Vidya Peters is CEO
Ownership	Private; US$100m Series B led by Index Ventures in February 2024 at a US$1bn valuation; earlier backing from Insight Partners
Customers	More than 500,000 users at 1,000-plus organisations including all Big Four firms; customers and revenue doubled in the year before the Series B
What it does	An Excel add-in that extracts data from source documents, matches it to workpapers and leaves an audit trail, with AI for document reading and a suite of automation tools for audit and finance teams
Recent moves	Unicorn status in 2024; AI document intelligence; expansion from audit into corporate finance teams
Pricing	Per user per year; not published
Markets	Used in more than 175 countries; offices in Amsterdam, New York, Tokyo, Kuala Lumpur and Mexico City
Peers	Caseware, Fieldguide, Inflo, MindBridge, Trullion

Funding

Announced rounds: US$100m
Round: Series B, US$100m, February 2024, led by Index Ventures
Valuation: Valued at US$1bn in February 2024, at its Series B

What was DataSnipper's last announced valuation?+

DataSnipper was valued at US$1bn in February 2024, at its Series B.

Why it matters

DataSnipper became a unicorn by staying inside Excel, where auditors already work, and it is installed at every Big Four firm. It is the European audit technology company the US AI audit startups most often cite as the incumbent they build alongside.