Billtrust

SoftwareSeries ELawrenceville, USbilltrust.com

Latest round

Series E

Last raised

May 2017

Total raised

$79M

Investors

3

About Billtrust

Founded in 2001 in Lawrenceville, US, Billtrust Inc provides a robust accounts receivable platform that streamlines the order-to-cash process. The company was co-founded by Armando Couto, Bruno Becco, and Flint Lane, who has a history of entrepreneurial ventures in financial technology.7 billion in a public-to-private transaction, marking its transition to private ownership.Billtrust's primary offering is its unified accounts receivable (AR) platform, leveraging artificial intelligence to automate the entire order-to-cash process. This platform integrates invoicing, payment processing, cash application, and collections, which aids businesses in managing their AR operations efficiently.50 mn.Following its acquisition by EQT in September 2022, Billtrust plans to utilize the significant resources and flexibility gained to strengthen its market position. The company is expected to invest in the development of new products and enhancements to its existing platform. Moreover, Billtrust aims to expand its presence in international markets, particularly in Europe and Asia, to capture a broader client base by 2025. This strategic focus on innovation and market expansion reflects its commitment to enhancing financial operations for businesses globally.

Who invested in Billtrust

3 investors across 3 rounds

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Funding rounds

  1. Series E

    May 22, 2017

    Amount

    $50M

    Investors

    Locked

  2. Series B

    Nov 9, 2012

    Amount

    $25M

    Investors

    Locked

  3. Series A

    Oct 11, 2006

    Amount

    $4.3M

    Investors

    Locked

Questions about Billtrust

Who invested in Billtrust?

Billtrust has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Billtrust raised?

Billtrust has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Billtrust last raise money?

Billtrust's most recent round on record is a Series E, in May 2017.

What does Billtrust do?

Founded in 2001 in Lawrenceville, US, Billtrust Inc provides a robust accounts receivable platform that streamlines the order-to-cash process.

Where is Billtrust headquartered?

Billtrust is headquartered in Lawrenceville, US.

Which VCs invest in companies like Billtrust?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Billtrust's stage. Their profiles are linked below.

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