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40Seas - About the company

40Seas is a seed company based in New York City (United States), founded in 2022 by Suki Gao, Igor Zaks Cfa, Eyal Moldovan and Gil Shiff. It operates as a Provider of AI-powered platform for automating receivables, collections, and payments. 40Seas has raised $17M in funding from investors like QED Investors, Team8 and Eminence Ventures. The company has 197 active competitors, including 36 funded and 26 that have exited. Its top competitors include companies like Billtrust, DadeSystems and RoadSync.

Company Details

Provider of AI-powered platform for automating receivables, collections, and payments. The platform offers tools for invoice management and global buyer intelligence. It facilitates accounts receivable streamlining, payment term extensions, and global payment management. The platform also provides risk and credit management solutions, along with accounts payable streamlining for buyers.
Website
40seas.com
Social
XFacebook
Email ID
*****@40seas.com
Phone Number
+1 **********
Registered Address
7, תוצרת הארץ, תל אביב - יפו, 6789104.0
Key Metrics
Founded Year
2022
Location
New York City, United States
Stage
Seed
Total Funding
$17M in 3 rounds
Latest Funding Round
Ranked
Employee Count
30 as on May 31, 2026
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40Seas's funding and investors

40Seas has raised a total funding of $17M over 3 rounds. Its first funding round was on Jan 10, 2023. Its latest funding round was a Seed round on Aug 02, 2023 for $*****. 4 investors participated in its latest round. 40Seas has 5 institutional investors.

Here is the list of recent funding rounds of 40Seas:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 02, 2023
6778328
Seed
8496345
5498787
3226379
6185714
Jan 10, 2023
2850002
Seed
8736964
1973187
9492809
Jan 10, 2023
9374408
Conventional Debt
2357355
6449247
7310138
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40Seas' founders and board of directors

Founder? Claim Profile
The founders of 40Seas are Suki Gao, Igor Zaks Cfa, Eyal Moldovan and Gil Shiff. Eyal Moldovan is the CEO of 40Seas.
Here are the details of 40Seas' key team members:

40Seas' employee count trend

40Seas has 30 employees as of May 26. Here is 40Seas's employee count trend over the years:
Employee count trend for 40Seas
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40Seas's Competitors and alternates

Top competitors of 40Seas include Billtrust, DadeSystems and RoadSync. Here is the list of Top 10 competitors of 40Seas, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Billtrust
Billtrust
2001, Hamilton Township (United States), Acquired
Invoice and payment management solutions for small businesses
$105M
69/100
2nd
Logo for DadeSystems
DadeSystems
2011, Miami (United States), Acquired
Account receivable payment automation solution.
$11M
64/100
3rd
Logo for RoadSync
RoadSync
2015, Atlanta (United States), Series B
Accounts receivable solutions for businesses
$40M
64/100
4th
Logo for PortX
PortX
2016, Mercer Island (United States), Series C
Cloud-based transaction management platform for businesses
$26.6M
62/100
5th
Logo for PayStand
PayStand
2013, San Francisco (United States), Series C
Payment processing solutions for bitcoin, e-checks and credit cards
$85M
60/100
6th
Logo for PayGround
PayGround
2010, Gilbert (United States), Series A
Cloud-based invoice payments solutions to businesses
$29.3M
60/100
7th
Logo for Drip Capital
Drip Capital
2015, Palo Alto (United States), Series C
Developer of an online marketplace platform for trade financing
$108M
60/100
8th
Logo for Biller Genie
Biller Genie
2018, Miami (United States), Series B
Cloud-based invoicing and payment platform for businesses
$32.9M
60/100
9th
Logo for 40Seas
40Seas
2022, New York City (United States), Seed
Provider of AI-powered platform for automating receivables, collections, and payments
$17M
59/100
10th
Logo for Aiwyn
Aiwyn
2020, Charlotte (United States), Series A
Provider of platform for accounting firms offering payments, practice, experience, tax
$127M
57/100
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40Seas's Investments and acquisitions

40Seas has made no investments or acquisitions yet.

Reports related to 40Seas

Here is the latest report on 40Seas's sector:

News related to 40Seas

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Media has covered 40Seas for 1 event in last 1 year, It was about people movement.
Israeli Startups 40Seas and Ansā Make Small RaisesCAESARS INTERACTIVE ENTERTAINMENT (UK) LIMITEDAug 04, 202340Seas, ansa, Jibe Ventures
ZIM Expands Partnership with 40SeasAmerican Journal of TransportationJun 21, 2023ZIM, 40Seas
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FAQs about 40Seas

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