• FOUNDING YEAR: 2010
    LOCATION:
    United States
    REGION:
    Massachusetts
    Last Update:
    18 Oct, 2019
    Phone:
    +1 617-299-3399

Description

FOCUS

PRODUCTS & SERVICES:
Cloud based Invoice and payment automation software and fraud security services. Helps institutions to automatically entering invoices, approvals, authorizations, and tracking payments
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
AlterG, Hollywood wax museum, Iora Health, Mashable, PeopleFluent, CFO Link, Commerce Sync, Agrivida, TopDown Consulting, etc.
EXISTING PARTNERSHIPS:
Bennett Thrasher, McGladrey, InterDyn BMI, HA&W
COMMENT
MineralTree streamlines AP, giving customers unparalleled visibility and significant cost savings in an affordable, integrated platform that is guaranteed and secure.

PEOPLE

FOUNDERS:
BC Krishna
Board Members and Advisors:
BC Krishna, Maria Cirino, Ralph Dangelmaier, Greg Dracon, Raj Dugar, Carol Meyers, Andrew Gelb
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
First Data Corporation, .406 Ventures, Fidelity Growth Partners
KEY EMPLOYEES:
BC Krishna(CEO); Bill Price(CFO); Adine Deford(CMO)

TRACTION

VALUATION / MARKET CAP:
$74 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$22.7 Millions
DATE OF LAST FUNDING:
Feb 2015
SEED & PRIOR FUNDING:
$2.3 Millions
FUNDING SERIES:
SERIES A
$9.3 Millions Closed: Jun 2012
SERIES B
$11.1 Millions Closed: Feb 2015
COMMENTS
SERIES A : Venture funding: $2.3 M(Nov 2011)
LISTED:
NO

LATEST RESEARCH