It’s official! DataRails has won the Red Herring Top 100 North America award, earning recognition as one of the startups to watch in 2020.
Every year, Red Herring Top 100 North America selects the award winners from approximately 1,200 privately financed companies in North America. The Top 100 list has become a mark of distinction for identifying promising and innovative new companies. Past winners have included Alibaba, Facebook, Google, SalesForce.com, Skype, SuperCell, Spotify, Twitter, and YouTube.
“We are honored and delighted to be Red Herring award winners,” said Didi Gurfinkel, DataRails co-founder and CEO. “DataRails’ innovative technology is reshaping the way enterprise companies around the globe harness the power of data. I’d like to take this opportunity to thank our investors, customers, and our employees for helping us reach this point.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy, and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.
“In 2020, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher, and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem. But after much thought, rigorous contemplation, and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe DataRails embodies the vision, drive, and innovation that define a successful entrepreneurial venture.”
DataRails is developing a business augmented intelligence platform for the corporate finance function. Our FP&A solution allows for the connection and centralization of all organizational financial data from various systems (ERP, GL, CRM) alongside Excel spreadsheets and operational data. It also allows for the creation of automated financial reports (P&L, cash-flow, budgets, etc.), as well as thorough analysis of consolidated data for the creation of business and financial insights.