1 February 2024

DataSnipper completes Series B funding round at a USD 1 billion valuation

Bob de Waard+ 6 other team members

DataSnipper raised USD 100 million in its Series B funding round at a USD 1 billion valuation, as the first Dutch unicorn since 2022. The investment round was led by Index Ventures and follows an investment by Insight Partners in September 2022. The company is the leading intelligent automation platform for audit and finance professionals. The new funding will help DataSnipper expand across new verticals including internal auditors, tax advisors, forensic accountants, and other sectors involving data reconciliation.

De Brauw has been acting as lead counsel to DataSnipper and its founders since the Series A funding round in 2022.