Billtrust Competitors and Similar CompaniesClear all
Billtrust's competitors and similar companies include Nexus Systems, AvidXchange, MHC 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 2006 |
Type | Type Private | Type Subsidiary | Type Public | 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 San Jose, US HQ Houston, US |
Employees | Employees 8761% decrease | Employees 2221% decrease | Employees 1,600 | Employees 896 | Employees 2,26910% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 1.7 b | Valuation ($) N/A | Valuation ($) 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.) $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 $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 $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 $23.8m (FY, 2025) |
Operating ⚠ | |||||
Enterprise Customers | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers 8 k (FY, 2023) | Enterprise Customers N/A | Enterprise Customers 455.3 k (Q3, 2023) |
Integrations | Integrations N/A | Integrations 8 (Mar, 2023) | Integrations 240 (FY, 2023) | Integrations 12 (Jul, 2024) | Integrations N/A |
Solutions | Solutions 3 (May, 2024) | Solutions N/A | Solutions N/A | Solutions 11 (Jul, 2024) | 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 $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 21.4 m (Q3, 2023) |
Funding | |||||
Total funding raised | Total funding raised $ 305m | Total funding raised $ 28m | Total funding raised $ 1.1b | Total funding raised N/A | Total funding raised $ 2b |
For sources of this data, please see the company profile
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.
View companyBILL
HQ
San Jose, US
Employees
2,269↓ 10% decrease
BILL Holdings (formerly known as BDC Payments Holdings) is a company that provides cloud-based financial automation software solutions.
View company