Billtrust logo — Billtrust is the leading innovator in AR automation and B2B...

Billtrust

Billtrust is the leading innovator in AR automation and B2B payments.

Founded 2001 United States Lawrenceville, United States 859 employees Post Ipo Equity Total: $315.00M Financial Services, Fintech +1

General Information

Company Name Billtrust
Founded Year 2001
Location United States Lawrenceville, United States +6
Founders / Decision Makers
Team member
Employees 859
Industries Financial Services, Fintech, Payments
Funding Stage Post Ipo Equity
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About Billtrust

Billtrust, with the slogan "Billtrust is the leading innovator in AR automation and B2B payments," stands out as a pivotal player in the financial services and fintech arena. Founded in 2001 and headquartered in the United States, the company has continuously evolved over two decades to solidify its position in automating accounts receivable processes. Billtrust's solutions span more than 40 industries, with a strong foothold marked by double-digit market share in several sectors it serves.

The company's automated order-to-cash solutions streamline complex processes, enhance diverse buyer interactions, speed up cash applications, and facilitate secure, multi-channel payment solutions. Billtrust's innovative edge is sharpened by its ventures into areas like supplier-driven payment networks and automated credit applications.

In its last significant financial milestone, Billtrust secured a $200.00M post-IPO equity investment on 13 January 2021 from notable investors such as Franklin Templeton Venture Capital, Wellington Management, Fidelity, and Capital Research and Management Company. As a fintech leader, Billtrust continues to offer exceptional, connected solutions that minimize manual processes for its customers.

Taxonomy: AR Automation, B2B Payments, Order-to-Cash Solutions, Invoice Delivery, Payment Processing, Cloud-Based Software, Digital Transformation, Electronic Billing, Cash Application, Credit Decisioning, Integration Solutions, Supplier-Driven Payments Network, Accounts Receivable

Services & Products

Accounts Receivable Optimization
Cash Application
Credit Management
Collections Automation
Invoicing Solutions
Electronic Payments Solutions
eCommerce Platform Integration
ERP System Integration

Target Customers

Finance Organizations Business Services Manufacturers Retail Companies Distributors Medical Equipment Manufacturers Transportation Industries

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• 4
Investor Investor Investor
•••• ••••
13 Jan 2021
Secondary Market •••••• 1
Investor
01 Jan 2018
Series E •••••• 2
Investor Investor
25 May 2017
Series D •••••• 2
Investor Investor
15 Apr 2015
Series C •••••• 1
Investor
01 Jul 2014

View All 8 Funding Rounds

Billtrust Alternatives & Competitors

View All Alternatives
Billtrust vs
Behalf
Behalf United States

Behalf is an alternative financing provider on a mission to transform the way businesses buy and sel...

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Billtrust vs
Versapay
Versapay United States

Versapay simplifies invoice-to-cash by automating invoicing, facilitating payments, and streamlining...

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Billtrust vs
TreviPay
TreviPay United States

Optimize Order-to-Cash With Our Fully Managed B2B Payments Platform

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FAQ About Billtrust

Billtrust is the leading innovator in AR automation and B2B payments.
Billtrust was founded in 2001.
Billtrust is headquartered in Lawrenceville, United States.
Billtrust operates in the following industries: Financial Services, Fintech, Payments.
Billtrust has approximately 859 employees.
Billtrust has completed 8 funding rounds, raising a total of $315.00M. The latest funding stage is Post Ipo Equity.
Billtrust offers: Accounts Receivable Optimization, Cash Application, Credit Management, Collections Automation, Invoicing Solutions, Electronic Payments Solutions, eCommerce Platform Integration, ERP System Integration.
Top alternatives and competitors to Billtrust include Behalf, Versapay, TreviPay, Order2Cash: a Billtrust solution, Funanga AG. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Billtrust and Behalf are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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