Billtrust Competitors and Similar CompaniesClear all
Billtrust's competitors and similar companies include Nexus Systems, AvidXchange, MHC, Esker, HighRadius and BILL.
 Billtrust Billtrust (also known as BTRS Holdings) is a company that develops an AI-powered accounts receivable (AR) platform. |  Nexus Systems Nexus Systems is a company developing an accounts payable and payments automation platform. |  AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions. |  MHC MHC Software is a company that develops accounts payable automation and customer communication management software solutions. |  BILL BILL Holdings (formerly known as BDC Payments Holdings) is a company that provides cloud-based financial automation software solutions. | |||
Founding Date | Founding Date 2001 | Founding Date 1999 | Founding Date 2000 | Founding Date 1980 | Founding Date 1985 | Founding Date 2006 | Founding Date 2006 |
Type | Type Private | Type Subsidiary | Type Public | Type Private | Type Subsidiary | Type Private | Type Public |
Tags | |||||||
Locations | Locations Trenton, US HQ Ghent, BE Amsterdam, NL Kraków, PL Hamilton Township, US West Sacramento, US | Locations Falls Church, US HQ | Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, US | Locations Burnsville, US HQ Bucharest, RO | Locations Middleton, US HQ Lakewood, US | Locations Houston, US HQ Hyderabad, IN Amsterdam, NL London, GB | Locations San Jose, US HQ Houston, US |
Employees | Employees 8761% decrease | Employees 2221% decrease | Employees 1,600 | Employees 896 | Employees 5801% increase | Employees 4,4841% increase | Employees 2,26910% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 1.7 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 3.1 b | Valuation ($) 5.3 b |
Financial | |||||||
Revenue (est.) | Revenue (est.) $166.4m (FY, 2021) | Revenue (est.) $16.1m (FY, 2020) | Revenue (est.) $438.9m (FY, 2024) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) $1.5b (FY, 2025) |
Cost of goods | Cost of goods $71.9m (FY, 2021) | Cost of goods N/A | Cost of goods $121.8m (FY, 2024) | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A | Cost of goods $272.1m (FY, 2025) |
Gross profit | Gross profit $94.5m (FY, 2021) | Gross profit N/A | Gross profit $317.2m (FY, 2024) | Gross profit N/A | Gross profit N/A | Gross profit N/A | Gross profit $1.2b (FY, 2025) |
Net income | Net income ($61.2m) (FY, 2021) | Net income N/A | Net income $8.1m (FY, 2024) | Net income N/A | Net income N/A | Net income N/A | Net income $23.8m (FY, 2025) |
Operating ⚠ | |||||||
Countries | Countries N/A | Countries N/A | Countries N/A | Countries N/A | Countries 14 (Jun, 2023) | Countries 90 (Dec, 2023) | Countries N/A |
Customers | Customers 2.4 k (May, 2024) | Customers N/A | Customers N/A | Customers N/A | Customers 1.7 k (Jun, 2023) | Customers 800 (Dec, 2023) | Customers N/A |
Enterprise Customers | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers 8 k (FY, 2023) | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers 455.3 k (Q3, 2023) |
Industries | Industries N/A | Industries N/A | Industries N/A | Industries 8 (Jul, 2024) | Industries N/A | Industries 8 (Dec, 2023) | Industries N/A |
Industries Served | Industries Served N/A | Industries Served 9 (Mar, 2023) | Industries Served N/A | Industries Served N/A | Industries Served 5 (Jun, 2023) | Industries Served N/A | Industries Served N/A |
Integrations | Integrations N/A | Integrations 8 (Mar, 2023) | Integrations 240 (FY, 2023) | Integrations 12 (Jul, 2024) | Integrations N/A | Integrations N/A | Integrations N/A |
Solutions | Solutions 3 (May, 2024) | Solutions N/A | Solutions N/A | Solutions 11 (Jul, 2024) | Solutions N/A | Solutions N/A | Solutions N/A |
Total Payment Volume | Total Payment Volume N/A | Total Payment Volume N/A | Total Payment Volume $19.9b (Q1, 2024) | Total Payment Volume N/A | Total Payment Volume N/A | Total Payment Volume N/A | Total Payment Volume $64.7b (Q3, 2023) |
Transactions Processed | Transactions Processed N/A | Transactions Processed N/A | Transactions Processed 19.3 m (Q1, 2024) | Transactions Processed N/A | Transactions Processed N/A | Transactions Processed N/A | Transactions Processed 21.4 m (Q3, 2023) |
Funding | |||||||
Latest funding round | Latest funding round $ 200m (over 5 years ago) | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round $ 300m (about 5 years ago) | Latest funding round N/A |
Total funding raised | Total funding raised $ 305m | Total funding raised $ 28m | Total funding raised $ 1.1b | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 475m | Total funding raised $ 2b |
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View Company Profiles
Nexus Systems
HQ
Falls Church, US
Nexus Systems is a company developing an accounts payable and payments automation platform.
View companyAvidXchange
HQ
Charlotte, US
Employees
1,600
AvidXchange is a provider of accounts payable (AP) automation software and payment solutions.
View companyMHC
HQ
Burnsville, US
Employees
896
MHC Software is a company that develops accounts payable automation and customer communication management software solutions.
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Esker
HQ
Middleton, US
Esker is a company that develops cloud-based document automation software.
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