• FOUNDING YEAR: 2006
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    18 Oct, 2019
    Phone:
    +1 650-621-7700

Description

FOCUS

PRODUCTS & SERVICES:
Invoice payments
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Businesses

PEOPLE

FOUNDERS:
Rene Lacerte
NUMBER OF EMPLOYEES:
201-500
INVESTORS:
Shasta Ventures, Fifth Third Bancorp, West Capital Advisors LLC, Commerce Ventures, First Round, Burch Creative Capital, American Express Ventures, Napier Park Global Capital, August Capital, DCM Ventures, TTV Capital, Emergence Capital Partners, Bank of America, Peter Knight, Scale Venture Partners, Silicon Valley Bank, Icon Ventures, DCM, American Express, Financial Partners Fund

TRACTION

TRANSACTIONS VALUE:
$19 Billion
ACTIVE USERS:
0.6000

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$109.1 Millions
DATE OF LAST FUNDING:
Apr 2015
SEED & PRIOR FUNDING:
$30 Millions
SEED CLOSED ON:
Apr 2015
FUNDING SERIES:
SERIES A
$2.1 Millions Closed: Jan 2007
SERIES B
$15 Million Closed: Aug 2009
SERIES C
$8.5 Millions Closed: Jun 2010
SERIES D
$15.5 Millions Closed: Dec 2011
SERIES E
$38 Millions Closed: Nov 2013
COMMENTS
SERIES B : Cumulative funding indicated
LISTED:
NO
COMMENT:
Series D: $15.5 M(2011), Series E: $38 M(2013), Series F: $50 M(2015). An undisclosed amount raised in Series F in 2014.

LATEST RESEARCH