Business Description

The Company BlackLine, Inc. and its subsidiaries (the “Company” or “BlackLine”) offer a future-ready platform that drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations. Built on the Studio360 platform, BlackLine unifies data, streamlines processes, and delivers real-time insights through automation and intelligence powered by Verity - a comprehensive suite of embedded, auditable AI capabilities that provides finance and accounting teams with a new digital workforce. The Company is a holding company and conducts its operations through its wholly-owned subsidiary, BlackLine Systems, Inc. (“BlackLine Systems”). On December 15, 2025, the Company acquired WiseLayer (“WL” and such acquisition, the “WL Acquisition”). WL has developed a digital workforce of AI-powered agents to automate complex, judgment-based finance and accounting processes. The Company acquired WL because of its unique value proposition in developing an agentic AI platform that is focused on accounting and which accelerates the Company’s own AI roadmap. This acquisition was not a significant acquisition under Regulation S-X, and the purchase accounting allocation is preliminary. The Company is headquartered in Woodland Hills, California, with additional offices in North America, Europe, and the Asia-Pacific region.