• FOUNDING YEAR: 2009
    LOCATION:
    United States
    REGION:
    OR
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Nvoicepay's provides cloud based automation software solutions. Nvoicepay's software products simplify the payment support to both of the AP team and suppliers through their electronic payment solution. It reduces the AP cost, and provide simple and secure cloud-based workflow that works with every accounting systems and financial institutions.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Qvale Group, Washington Federal Bank, Arkansas Federal Credit Union, Downington Area School District, Stadium International, Batteries Plus Bulbs, Miraca Life Sciences, VCC, BMW, Nova Financial Group Inc., Subaru, etc.
EXISTING PARTNERSHIPS:
MasterCard, CDK Global, Silicon Valley Bank, NetSuite, Corcentirc, Yooz, Coupa, Scan One, Epiq Systems
COMMENT
Streamlines the invoice payments through their cloud based epayment solution

PEOPLE

FOUNDERS:
Karla Friede, Shaun H. Mcaravey, Tana Law
Board Members and Advisors:
Carol Coye Benson, Doug Fieldhouse, Edith Dorsen, Karla Friede, Garen K. Staglin, E. Miles Kilburn, David Chen
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Mosaik Partners, Silicon Valley Bank, The Women’s Venture Capital Fund

TRACTION

VALUATION / MARKET CAP:
$133 MM in 2016

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$22.09 Millions
DATE OF LAST FUNDING:
Oct 2016

LATEST RESEARCH