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datasnipper.com

DataSnipper is an intelligent automation platform embedded in Excel that accelerates audit and finance procedures by automating manual data extraction and reconciliation.

Discussion
enterprise-softwarefintech

Company facts

Founded
2017
Headquarters
Netherlands
CEO
Vidya Peters

About

DataSnipper's journey began in 2017 with a simple yet powerful observation. Founders Maarten Alblas, Jonas Ruyter, and Kai Bakker were having a conversation with a friend working in audit who described the overwhelming burden of repetitive, manual work that plagued the profession. This moment of insight sparked an idea: what if technology could automate these tedious tasks directly within the tool auditors already used and loved—Microsoft Excel? From that initial spark, DataSnipper has evolved into a leading intelligent automation platform that is transforming the audit and finance industries. By embedding powerful automation and AI capabilities directly into Excel, the company has empowered hundreds of thousands of professionals to 'snip' data from invoices, bank statements, and other documents, automatically reconciling them with their records. Today, DataSnipper serves over 500,000 users in more than 125 countries, including all of the 'Big 4' accounting firms. The company's rapid growth and impact were further solidified in 2024 when it raised a $100 million Series B funding round led by Index Ventures, achieving unicorn status with a $1 billion valuation. What started as a solution for a friend has grown into a global standard, freeing professionals to focus on strategic insights rather than manual data entry.

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