Innovation Software Competitors and Similar CompaniesClear all

Innovation Software's competitors and similar companies include Billtrust, HighRadius, Rimilia and Avalo.

	Innovation Software Innovation Software is a provider of intelligent collections management systems and business intelligence tools.	Billtrust Billtrust (also known as BTRS Holdings) is a company that develops an AI-powered accounts receivable (AR) platform.	HighRadius HighRadius is a company that provides AI-powered autonomous finance software.	Rimilia Rimilia is a company that provides an artificial intelligence automation platform that provides financial management solutions.	Avalo Avalo (also known as Avalosys) is a fintech company that offers automated corporate banking solutions for ERP integration.
Founding Date	Founding Date 1982	Founding Date 2001	Founding Date 2006	Founding Date 2008	Founding Date 2015
Type	Type Private	Type Private	Type Private	Type Subsidiary	Type Subsidiary
Tags	Tags Technology automation enterprise software financial management fintech	Tags Technology artificial intelligence automation enterprise software fintech payments platform	Tags Technology artificial intelligence automation enterprise software fintech payments platform	Tags Technology accounting artificial intelligence enterprise software financial management platform	Tags Technology automation cloud platforms(PaaS)enterprise software financial management fintech
Locations	Locations Kingsnorth, GB HQ Rochester, GB	Locations Trenton, US HQ Ghent, BE Amsterdam, NL Kraków, PL Hamilton Township, US West Sacramento, US	Locations Houston, US HQ Hyderabad, IN Amsterdam, NL London, GB	Locations Birmingham, GB HQ	Locations Tampere, FI HQ
Employees	Employees 7	Employees 8761% decrease	Employees 4,4841% increase	Employees 884% decrease	Employees 313% increase
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) $166.4m (FY, 2021)	Revenue (est.) N/A	Revenue (est.) £12.9m (FY, 2024)	Revenue (est.) €2.8m (FY, 2024)
Cost of goods	Cost of goods N/A	Cost of goods $71.9m (FY, 2021)	Cost of goods N/A	Cost of goods £4.1m (FY, 2024)	Cost of goods N/A
Gross profit	Gross profit N/A	Gross profit $94.5m (FY, 2021)	Gross profit N/A	Gross profit £8.8m (FY, 2024)	Gross profit N/A
Net income	Net income N/A	Net income ($61.2m) (FY, 2021)	Net income N/A	Net income (£2.5m) (FY, 2024)	Net income N/A
Operating ⚠
Customers	Customers N/A	Customers 2.4 k (May, 2024)	Customers 800 (Dec, 2023)	Customers N/A	Customers N/A
Funding
Latest funding round	Latest funding round N/A	Latest funding round $ 200m (over 5 years ago)	Latest funding round $ 300m (about 5 years ago)	Latest funding round N/A	Latest funding round N/A
Total funding raised	Total funding raised N/A	Total funding raised $ 305m	Total funding raised $ 475m	Total funding raised $ 40m	Total funding raised N/A