# BlackLine

> BlackLine is enterprise finance software that sits above ERPs and turns spreadsheet-heavy accounting work - reconciliations, journal entries, close management, intercompany transactions and accounts receivable - into governed workflows. Founder Therese Tucker bootstrapped the company after its first wealth-management product stalled, pivoted when a customer offered to pay for account-reconciliation software, and committed fully to SaaS in 2007. The public company now sells subscriptions and services to roughly 4,300 customers and is trying to make auditable, human-supervised AI useful inside the financial record.

- **Founded:** 2001
- **Headquarters:** Woodland Hills, Los Angeles, United States
- **Founders:** Therese Tucker (Founder; CEO 2001-2021; Co-CEO 2023-2025; board member)
- **Team size:** Approximately 1,850 employees worldwide at the end of 2025.
- **Products:** Financial Close & Consolidation, BlackLine Cloud Platform, Invoice-to-Cash, Intercompany, Studio360
- **Notable:** Went public on Nasdaq under ticker BL in October 2016, raising $146.2 million gross., Reported $700.4 million of FY2025 revenue, $134.9 million of free cash flow and $1.1 billion in remaining performance obligations at year-end., Served 4,394 customers at year-end 2025 and roughly 4,300 customers in 2026, with more than 385,000 users reported on the company site.

## Products & services

- **Financial Close & Consolidation** — Account reconciliations, transaction matching, journals, task management, account analysis, reporting, consolidation, compliance and SAP-oriented close automation.
- **BlackLine Cloud Platform** — The company committed its architecture, contracts and go-to-market model entirely to SaaS, allowing remote access and standardized releases.
- **Invoice-to-Cash** — Electronic invoicing and payments, cash application, credit and risk, collections, disputes, team workflow and AR intelligence, expanded through Rimilia.
- **Intercompany** — Create, Balance & Resolve, and Net & Settle manage intercompany transactions from origination through disputes, reconciliation and settlement, expanded through FourQ.
- **Studio360** — A unifying platform organized around Integrate, Orchestrate, Visualize, Blueprint and Control, designed to connect BlackLine applications with ERPs and other finance systems.
- **Verity AI** — Embedded, auditable AI capabilities spanning agents, anomaly detection, automation, insights and content generation, coordinated through the Vera interface.
- **Verity Prepare** — A multi-agent workflow that ingests support, matches transactions, explains variances and assembles reconciliations for human sign-off.
- **Implementation, optimization, training and support** — Configuration-led implementation, process optimization, BlackLine University, customer success and tiered global support; the company says its teams and partners have completed more than 5,200 implementations.

## Achievements

- Went public on Nasdaq under ticker BL in October 2016, raising $146.2 million gross.
- Reported $700.4 million of FY2025 revenue, $134.9 million of free cash flow and $1.1 billion in remaining performance obligations at year-end.
- Served 4,394 customers at year-end 2025 and roughly 4,300 customers in 2026, with more than 385,000 users reported on the company site.
- Named to G2's Best Accounting & Finance Software list for six consecutive years through 2025.
- Recognized as a Gartner Leader for four years according to the company.
- Completed more than 5,200 implementations according to its 2025 annual report.
- Achieved ISO/IEC 42001 certification for its AI management system in 2025 and PCI DSS validation for its detokenization service in 2026.
- Customer case studies report 99.9% matching of 40 million monthly Domino's transactions, 25,000 labor hours saved at Aimbridge, and 40 hours a week saved at UNFCU.

## Latest updates

- **2026-09** — Achieved PCI DSS compliance validation for a detokenization service supporting automated payment-card reconciliations.
- **2026-08** — Reported Q2 revenue of $187.8 million, 4,260 customers, 102% dollar-based net revenue retention and 17% of eligible ARR on platform pricing.
- **2026-07** — Made Verity Prepare generally available after early adopters reported up to a 92% reduction in manual reconciliation-preparation time.
- **2026-06** — Previewed Finance Control Console for centralized governance and observation of BlackLine, partner, customer-built and third-party AI agents.
- **2026-06** — Founder Therese Tucker retired from full-time executive employment while remaining on the board and retaining an approximately 8% stake.
- **2025-12** — Acquired WiseLayer for $23.6 million to add agents for judgment-heavy accounting work, initially accruals and payroll accounting.
- **2025-09** — Launched the Verity AI suite and announced ISO/IEC 42001 certification.

## Links

- Website: https://www.blackline.com/
- LinkedIn: https://www.linkedin.com/company/blackline/
- Twitter/X: https://twitter.com/blackLine
- YouTube: https://www.youtube.com/@BlackLineSystems
- Facebook: https://facebook.com/blackline

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Profile page: https://yespress.io/blackline
Published by YesPress — https://yespress.io
Last updated: 2026-09-02
