When was Fluence Technologies founded?

Fluence Technologies was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Fluence Technologies located?

Fluence Technologies is headquartered in Toronto, Canada.

Who is the current CEO of Fluence Technologies?

Michael Morrison of Fluence Technologies.

How many employees does Fluence Technologies have?

As of Aug 31, 2026, the latest employee count at Fluence Technologies is 25.

Is Fluence Technologies a funded company?

Fluence Technologies is a funded company, having raised a total of $10.2M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 23, 2020.

When was the latest funding round of Fluence Technologies?

Fluence Technologies' latest funding was a $***** Series A round on May 04, 2021, with participation from 1 investor. Its primary sector is Finance & Accounting Tech. In Canada, the Finance & Accounting Tech sector has seen $146M in funding in 2026 to date.

Where does Fluence Technologies rank among its competitors?

Fluence Technologies ranks 8th amongst 198 active competitors, of which 35 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Embat, which secured $35.3M in May, 2026.

Who are the top competitors of Fluence Technologies?

Fluence Technologies' top competitors include Aleph, Drive Train and Incorta. Among them, Embat secured the most recent funding round in May, 2026.

Fluence Technologies - 2026 Company Profile, Team, Funding & Competitors

Company Details

Fluence Tech provides a cloud-based solution for financial data analytics. It features a solution for financial planning & analysis, financial consolidation, financial close management, risk management, performance management, and other financial data analysis. It provides solutions for detecting anomalies and financial data reporting. It also offers various financial resources through blogs, events, and libraries.

Website: fluencetech.com
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Key Metrics

Founded Year

2018

Location

Toronto, Canada

Stage

Acquired

Total Funding

$10.2M in 2 rounds

Latest Funding Round

Series A, May 04, 2021, $*****

Investors

Banneker Partners & 3 more

Ranked

8^th among 198 active competitors

Employee Count

25 as on Aug 31, 2026

Investment & Acquisitions

Sturnis365 & 1 more

Similar Companies

Aleph & 283 more

Exit Details

Acquired by Anaplan (Apr 26, 2024)

View Fluence Technologies' full profile

Fluence Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FLUENCE TECHNOLOGIES INC CIN: 1000888513 , Canada, Active	May 09, 2024	-	-	-

Fluence Technologies got acquired by Anaplan on Apr 26, 2024.

Click here to take a look at Fluence Technologies's acquisition in detail

Fluence Technologies has raised a total funding of $10.2M over 2 rounds. Its first funding round was on Jun 23, 2020. Its latest funding round was a Series A round on May 04, 2021 for $*****. 1 investor participated in its latest round. Fluence Technologies has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Fluence Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 04, 2021	2232360	Series A	6451475	4060577	9244959	5097689
Jun 23, 2020	8779487	Seed	1553386	7695318	MaRS IAF	8303691

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View details of Fluence Technologies's funding rounds and investors

Fluence Technologies' employee count trend

Fluence Technologies has 25 employees as of Aug 26. Here is Fluence Technologies's employee count trend over the years:

Employee count trend for Fluence Technologies

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Top competitors of Fluence Technologies include Aleph, Drive Train and Incorta. Here is the list of Top 10 competitors of Fluence Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aleph 2018, New York City (United States), Series B	Cloud-based financial planning and analysis platform for businesses	$46.1M	Khosla Ventures, Y Combinator & 4 others	68/100
2nd	Drive Train 2021, Sunnyvale (United States), Series A	Provider of AI-native business planning platform	$15M	Elevation Capital, Jungle Ventures & 10 others	68/100
3rd	Incorta 2013, San Mateo (United States), Series D	AI-based business intelligence suite	$202M	Kleiner Perkins, Google Ventures & 10 others	65/100
4th	LOGEX 2006, Amsterdam (Netherlands), Late Stage	Developer of healthcare financial management solutions	-	Thoma Bravo, Summa Equity	58/100
5th	Embat 2021, Madrid (Spain), Series B	Financial planning and treasury management solutions for businesses	$58.3M	Venture Friends, Samaipata & 10 others	58/100
6th	Qvinci 2007, Austin (United States), Series B	Financial reporting, analytics, and business intelligence software for diverse organizations	$10.8M	-	51/100
7th	Compass 2011, San Francisco (United States), Acquired	Domain marketplace facilitating secure transactions with buyer protection and flexible payments	$4.7M	Crosslink Capital, New Enterprise Associates ... & 17 others	47/100
8th	Fluence Technologies 2018, Toronto (Canada), Acquired	Cloud-based solution for financial data analytics	$10.2M	Graphite Ventures, Banneker Partners & 2 others	44/100
9th	Concert 2017, New York City (United States), Acquired	Cloud-based financial analytics and reporting solutions for businesses	$2.42M	Techstars, RTP Global	44/100
10th	ProfitWell 2012, Boston (United States), Acquired	SaaS-based platform for subscription and financial metrics	-	-	43/100