Routable
Latest round
- Series A
Last raised
- Aug 2020
Total raised
- $12M
Investors
- 4
About Routable
Routable, Inc.Founded in 2017, Routable, Inc. operates from its headquarters in San Francisco, US. The company focuses on automating financial processes for businesses, although there have been no significant pivots in its business strategy. The founders, Omri Mor and Tom Harel, have previously established other ventures.30 mn.Routable offers a comprehensive suite of financial technology solutions, primarily focused on automating accounts payable (AP) processes, facilitating mass payments, and enhancing vendor management. Core offerings include automated invoice processing using AI-powered optical character recognition (OCR), customizable approval workflows, and advanced payment reconciliation tools. The platform is designed to eliminate manual entry errors, streamline payment processes, and ensure compliance with internal controls and regulations.Routable generates revenue through subscriptions for its AP automation platform and transaction-based fees for payment services. Clients typically subscribe to the platform, enabling efficient automation of accounts payable tasks and mass payment processing. The pricing structure involves tiered subscription plans based on transaction volume and features utilized. The company aims to launch new products designed to enhance its financial solutions, although specific release dates have not been disclosed. Additionally, Routable is focused on expanding its footprint into new geographic regions, furthering its market reach in both existing and untapped territories.
Who invested in Routable
4 investors across 3 rounds
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Questions about Routable
Who invested in Routable?
Routable has 4 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 Routable raised?
Routable has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Routable last raise money?
Routable's most recent round on record is a Series A, in Aug 2020.
What does Routable do?
Routable is a software company.
Where is Routable headquartered?
Routable is headquartered in San Francisco, US.
Which VCs invest in companies like Routable?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Routable's stage. Their profiles are linked below.
VCs backing software startups at Series A
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