Datarails review, pricing and verdict

Last updated: 2026-11-06

Datarails is a New York finance operating system, founded in 2015, that connects to more than 600 data sources and keeps Excel as the working front end. Its FinanceOS layer consolidates entities, applies company metric definitions and logs every number. The vendor reports $175 million raised, including a $70 million Series C in January 2026.

About Datarails

Datarails is a finance operating system from New York, founded in 2015 by Didi Gurfinkel, Eyal Cohen and Oded Har-Tal. Its FinanceOS layer connects to more than 600 sources such as ERP, CRM (including HubSpot), HRIS, bank and billing systems, consolidates and reconciles the numbers the way a finance team would, and keeps permissions, version history and an audit trail on every figure. The vendor reports $175 million in total funding, most recently a $70 million Series C led by One Peak in January 2026.

The core product, Datarails FP&A, is built for teams that live in Excel. Models and reports stay in spreadsheets while the data underneath is consolidated automatically across entities, with intercompany eliminations, currency translation and multiple charts of accounts handled in the platform. Budgets, forecasts and rolling plans route through review workflows, budget owners submit numbers with one click, and dashboards refresh from live data. Further modules for cash, close, receivables, spend and a finance ticketing desk can be layered on top. An AI Suite adds chat, scheduled agents and custom agents on the governed data, and the FinanceOS AI Connector lets Claude, ChatGPT and Microsoft Copilot read that data under each user's permissions, with a log of every query. Those assistants come from Anthropic, OpenAI and Microsoft.

The buyer is a controller or head of FP&A at a mid-market company that already plans in spreadsheets and wants consolidation, reporting and AI on top rather than a new modeling language. Comparable quote-only planners on Hokai include Abacum, Aleph and Pigment, while LiveFlow fits teams whose main job is close and reporting on QuickBooks or Xero. Other finance-side tools in the same Hokai category include Numeral and Truewind, and Campfire sits on the accounting side as a replacement for the ledger. The vendor publishes its own comparison pages against Abacum, Aleph, LiveFlow, Vena, Cube and Planful, and the Abacum alternatives guide shows how these choices split by team size.

Datarails sells three quote-only plans named Professional, Premium and Expert, which step up in seats, integrations and bundled modules. The pricing page promises no consultant fees and lists no free tier or trial. The product runs in the browser with a mobile app for dashboards on iOS and Android. The vendor trust center lists SOC 2 Type II and SOC 1 reports on request, AES-256 encryption at rest, and single sign-on with multi-factor authentication. Teams weighing finance assistants can run Smart Match to see which tool fits their stack.

Pricing

No rate card is published (read 2026-11-06): sales quotes each of Professional, Premium and Expert, and the vendor promises no consultant fees. Seats step from 2 to 5 to 15 plus 50 viewers. No free tier or trial is listed.

Another quote-only planner to price against is LiveFlow.

Key Features

• Excel-first FP&A: Finance teams keep their existing spreadsheets and models while Datarails FP&A consolidates and refreshes the data underneath.
• Automated consolidation: Handles intercompany eliminations, currency translation, multiple charts of accounts and joint-venture accounting across entities.
• Connector library: Pulls from ERP, CRM, HRIS, bank, billing and payroll systems, with 1, 2 or 3 integrations included depending on the plan.
• AI Suite: AI chat, scheduled agents and custom agents run recurring analyses on the governed financial data.
• FinanceOS AI Connector: Connects the AI assistant a team already uses to consolidated, audit-ready financials, so answers respect who may see which numbers.
• Review workflows: Routes budgets, forecasts and reports to reviewers, and gives budget owners a one-click submit button with version control.
• Finance modules: Extra modules add bank-connected cash forecasting, close checklists with reconciliations, spend and contract tracking, and a ticketing desk for finance requests.

Pros

• Keeps the Excel models a finance team already runs, so rollout does not mean learning a new modeling language.
• Connects to ERP, CRM, HRIS and bank systems, and consolidation rules such as intercompany eliminations and currency translation are built in.
• Reports SOC 2 Type II and SOC 1 audits, with AES-256 at rest and SSO plus MFA.
• Includes a dedicated customer success manager at no extra cost, and the pricing page promises no consultant fees.

Cons

• No rate card, free tier or trial is published, so budgeting starts with a sales conversation.
• Seat and integration caps are tight on the entry plan (2 users and 1 integration), so growing teams move up to a larger quote quickly.
• Four of the extra modules are bundled only in the top plan, so smaller plans pay separately for bank-connected cash and close tooling.
• The vendor says it is not the right fit for real-time operational data, statutory reporting such as IFRS 17 or tax provision, or project management.

Visit Datarails Official Website