DataSnipper

DataSnipper helps auditors automate evidence extraction and reconciliation within Excel.
Series B $100M+ total Founded 2017 Amsterdam, Noord-Holland 158 employees
DataSnipper is an intelligent automation platform that embeds directly into Excel, allowing auditors to extract data from unstructured sources (invoices, bank statements, documents) with automatic reconciliation and complete audit trails. Used by 600K+ professionals across all Big Four accounting firms and 175+ countries, it solves the manual, error-prone work of matching and verifying financial data. The platform's key differentiator is working within Excel workflows rather than forcing migration to new systems, enabling rapid adoption and high user loyalty.
Problem solved
Audit and finance professionals spend significant time manually extracting, matching, and reconciling unstructured data from multiple sources, creating inefficiency and audit risk.
Target customer
Audit and finance teams at Big Four accounting firms, mid-to-large enterprises, and government agencies requiring detailed audit trails and compliance documentation.
Founders
M
Maarten Alblas
Co-founder
Co-founder of DataSnipper; background details not publicly disclosed in available sources.
J
Jonas Ruyter
Co-founder
Senior Account Manager at Benify focusing on enterprise sales; Bachelor's in Applied Psychology from Amsterdam University of Applied Sciences (2010-2014).
K
Kai Bakker
Co-founder & CTO
Founder and Chief Technology Officer; responsible for platform architecture and technical vision.
Funding history
Series A Undisclosed September 2022 Led by Insight Partners · Unknown
Series B $100M February 1, 2024 Led by Index Ventures · Unknown
Total raised: $100M+
Pricing
Subscription SaaS with per-seat licensing (minimum 5 seats). Professional package: ~$175/month per seat. Three tiers available (Start, Accelerate, Elevate). Add-on suites (Financial Statement Suite, Cloud Collaboration Suite): $62/month per user. 14-day free trial available.
Notable customers
Deloitte, Ernst & Young (EY), KPMG, PricewaterhouseCoopers, Hilton, Siemens, Frontier Airlines, Government of Queensland, UK Parliament National Audit Office
Integrations
Excel (native embedding), cloud document systems, PDF, image files, multiple data sources for reconciliation
Tech stack
jQuery (JavaScript libraries) core-js (JavaScript libraries) Swiper (JavaScript libraries) Open Graph LottieFiles Webflow Ecommerce (Ecommerce) Cart Functionality (Ecommerce) HubSpot Analytics (Analytics) Matomo Analytics (Analytics) Linkedin Insight Tag (Analytics) Google Font API (Font scripts) Microsoft 365 (Email) Google Hosted Libraries (CDN) jsDelivr (CDN) HubSpot (Marketing automation) Reddit Ads (Advertising) Linkedin Ads (Advertising) Google Tag Manager (Tag managers) Webflow (Page builders) HubSpot Cookie Policy Banner (Cookie compliance)
Competitors
Workiva
Broader compliance and reporting platform; less focused on Excel-native automation and evidence extraction.
AuditBoard
Standalone audit coordination platform with different workflow model; broader audit management scope beyond data extraction.
Agentive
Operates as standalone audit coordination platform pulling workflows out of Excel entirely rather than layering automation on top of existing spreadsheets.
Cortea
Competitor in audit automation space; specific differentiation not detailed in available research.
Why this matters: DataSnipper achieved unicorn status ($1B valuation, Series B Feb 2024) by solving a specific, high-frequency pain point that Big Four accounting firms face daily. Its 6,715% revenue growth and back-to-back fastest-growing company recognition in the Netherlands, combined with $1.4B in documented customer productivity savings, demonstrates exceptional product-market fit in a traditionally slow-moving audit industry.
Best for: Audit and finance teams at large enterprises and accounting firms that need to maintain rigorous audit trails while automating evidence extraction and reconciliation from multiple unstructured data sources.
Use cases
Invoice and Receipt Reconciliation
Auditors snip invoice amounts and dates from PDF documents, which automatically reconcile against Excel transaction records. The system creates a complete evidence chain showing the source document and extracted values, satisfying audit standards without manual cross-referencing.
Bank Statement Verification
Finance teams extract transaction details from bank statements using DataSnipper, automatically matching them against general ledger entries. This accelerates routine audit procedures, as documented by the UK National Audit Office achieving 3x faster completion and £400K in efficiency savings.
Inventory Count Audits
Auditors working from Excel worksheets can snip inventory numbers from physical count documents and supporting inventory system reports. The platform automatically reconciles quantities and creates reviewable evidence chains for compliance documentation.
Multi-Source Financial Reconciliation
Large organizations reconcile data across multiple systems (ERP, banking, accounting software) by extracting values into Excel snips that auto-match and flag discrepancies. This reduces manual reconciliation work from hours to minutes while maintaining audit-ready documentation.
Alternatives
Workiva Broader compliance, risk, and reporting platform; better for organizations needing end-to-end audit management beyond data extraction.
Karbon Focused on audit workflow management and collaboration; less specialized in automated data extraction and evidence reconciliation.
Canopy Cloud-based audit platform emphasizing document management; requires moving away from Excel workflows rather than enhancing them.
FAQ
What does DataSnipper do? +
DataSnipper is an intelligent automation platform embedded in Excel that allows auditors and finance professionals to extract data from unstructured sources (invoices, bank statements, documents) and automatically reconcile it against transactions. Every extracted value links back to its source document, creating a complete audit trail that satisfies compliance standards. The platform is used by 600K+ professionals across all Big Four accounting firms.
How much does DataSnipper cost? +
DataSnipper uses per-seat subscription pricing with a 5-seat minimum. The Professional package costs approximately $175/month per seat. Three pricing tiers are available (Start, Accelerate, Elevate), and optional add-on suites (Financial Statement Suite, Cloud Collaboration Suite) cost $62/month per user. A 14-day free trial is available.
What are alternatives to DataSnipper? +
Top alternatives include Workiva (broader compliance and reporting platform), Karbon (audit workflow management focused), Canopy (cloud-based audit platform), and AuditBoard (audit coordination platform). Each has different strengths depending on whether you prioritize Excel-native automation versus full platform migration.
Who uses DataSnipper? +
DataSnipper is used by audit and finance teams at Deloitte, EY, KPMG, PwC, Hilton, Siemens, Frontier Airlines, and government agencies like the UK National Audit Office and Government of Queensland. It serves over 600K professionals across 175+ countries, primarily large enterprises and Big Four accounting firms.
How does DataSnipper compare to Workiva? +
DataSnipper is purpose-built for evidence extraction and reconciliation within Excel, enabling rapid adoption without workflow disruption. Workiva is a broader compliance and reporting platform requiring users to move away from Excel. DataSnipper ranks higher on user loyalty due to its non-disruptive integration model, while Workiva offers more comprehensive audit management features beyond data extraction.
Tags
audit automation intelligent extraction reconciliation compliance Excel automation evidence management financial automation