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
Founders / Decision Makers
Team member
Employees 859
Industries Financial Services, Fintech, Payments
Funding Stage Post-IPO Equity
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

In The News Oct 07, 2026

Featured on Thenextweb: The 9 best accounts receivable automation software platforms for 2026

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.

Business keywords: 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 $200.00M 4
Franklin Templeton Venture Capital, Wellington Management +2
13 Jan 2021
Secondary Market $4.00M 1
W Capital Partners
01 Jan 2018
Series E $50.00M 2
Bain Capital Ventures, Riverwood Capital Partners
25 May 2017
Series D $25.00M 2
Bain Capital Ventures, Goldman Sachs
15 Apr 2015
Series C $7.00M 1
Bain Capital Ventures
01 Jul 2014
Series B $25.00M 1
Bain Capital Ventures
14 Nov 2012
Series A $4.00M 1
Edison Partners
17 Oct 2006
Seed Round Undisclosed 1
New York Angels
01 Jan 2003

Billtrust Alternatives & Competitors

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Resolve
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BILL
BILL United States

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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 Financial Services, Fintech and Payments. Its work centres on AR Automation, B2B Payments, Order-to-Cash Solutions and Invoice Delivery. Its customers include Finance Organizations, Business Services and Manufacturers.
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 Bilendo GmbH, Resolve, BILL, Behalf, Versapay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Billtrust and Bilendo GmbH 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.

Source: BounceWatch company record for Billtrust, https://bouncewatch.com/company/billtrust, updated 1 December 2025. When citing, please name BounceWatch and link this page.

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