Billtrust

IPO

AI-powered Accounts Receivable (AR) software solutions

Public · United States · Founded 2001 · $125.0M raised

Founded
2001
Business Model
B2B
Total Funding
$125.0M
Last Round
$50.0M Series DMay 2017
Rounds
4
Type
Public

About

Billtrust is the B2B cash generation platform built for finance leaders who need earned revenue to become deployable cash. Founded in 2001, the company built the infrastructure that B2B payments run on, including a network of 200-plus ERP, bank, and financial-institution connectors, 260-plus AP portal integrations, and processing scale that invoices more than $1 trillion annually for 2,600-plus suppliers and 13 million buyers. Its AI-powered accounts receivable suite covers invoicing, payments, credit, collections, and cash application so B2B companies can predict, defend, and deploy cash.

Summary

Billtrust is a Fintech company based in United States, founded in 2001. It has raised $125.0M in total across 4 rounds, most recently a $50.0M Series D round in May 2017. Investors include Goldman Sachs, Bain Capital Ventures and Riverwood Capital.

Tech & App Stack

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Funding History

AcquisitionAcquisition by EQTSep 2022

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Venture Round through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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