Billtrust Competitors and Similar CompaniesClear all
Billtrust's competitors and similar companies include Nexus Systems, AvidXchange, MHC and HighRadius.
 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. | ||
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 Private |
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 Houston, US HQ Hyderabad, IN Amsterdam, NL London, GB |
Employees | Employees 8761% decrease | Employees 2221% decrease | Employees 1,600 | Employees 896 | Employees 4,4841% increase |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 1.7 b | Valuation ($) N/A | Valuation ($) 3.1 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 |
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 |
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 |
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 |
Operating ⚠ | |||||
Customers | Customers 2.4 k (May, 2024) | Customers N/A | Customers N/A | Customers N/A | Customers 800 (Dec, 2023) |
Industries | Industries N/A | Industries N/A | Industries N/A | Industries 8 (Jul, 2024) | Industries 8 (Dec, 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 |
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 $ 300m (about 5 years ago) |
Total funding raised | Total funding raised $ 305m | Total funding raised $ 28m | Total funding raised $ 1.1b | Total funding raised N/A | Total funding raised $ 475m |
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 company
HighRadius
HQ
Houston, US
Employees
4,484↑ 1% increase
HighRadius is a company that provides AI-powered autonomous finance software.
View company