When was Direct Commerce founded?

Direct Commerce was founded in 2000 and raised its 1st funding round 21 years after it was founded.

Where is Direct Commerce located?

Direct Commerce is headquartered in San Francisco, United States. It is registered at San Francisco, California.

How many employees does Direct Commerce have?

As of Mar 31, 2026, the latest employee count at Direct Commerce is 31.

Is Direct Commerce a funded company?

Direct Commerce is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Dec 14, 2021.

When was the latest funding round of Direct Commerce?

Direct Commerce's latest funding was a $***** Series B round on Dec 14, 2021, with participation from 1 investor.

Where does Direct Commerce rank among its competitors?

Direct Commerce ranks 86th amongst 648 active competitors, of which 100 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Tipalti, which secured $200M in Sep, 2025.

Who are the top competitors of Direct Commerce?

Direct Commerce's top competitors include Coupa, Bizongo and Concur. Among them, Tipalti secured the most recent funding round in September, 2025.

Direct Commerce - 2026 Company Profile, Team, Funding & Competitors

Direct Commerce is a series B company based in San Francisco (United States), founded in 2000 by Bruce Hanavan. It operates as a Cloud-based account payable and supplier management solutions for businesses. Direct Commerce has raised an undisclosed amount in funding. The company has 648 active competitors, including 100 funded and 66 that have exited. Its top competitors include companies like Coupa, Bizongo and Concur.

Company Details

Cloud-based account payable and supplier management solutions for businesses. It features solutions for e-invoicing, remittance, payment, imaging, discount management, dispute resolution, workflow management, supplier onboarding, reporting & analysis, etc. It offers solutions for healthcare, retail, manufacturing, and more.

Website: www.directcommerce.com/
Social
Registered Address: San Francisco, California

Key Metrics

Founded Year

2000

Location

San Francisco, United States

Stage

Series B

Latest Funding Round

Series B, Dec 14, 2021, $*****

Investors

W3Capital

Ranked

86^th among 648 active competitors

Employee Count

31 as on Mar 31, 2026

Similar Companies

Coupa & 795 more

View Direct Commerce's full profile

Direct Commerce is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DIRECT COMMERCE, INC. CIN: 943357925 , United States, Active	Dec 31, 1999	-	23 (As on Dec 31, 2024)	-

Direct Commerce has raised funding over 1 round. Its latest funding round was a Series B round on Dec 14, 2021 for $*****. 1 investor participated in its latest round. Direct Commerce has 1 institutional investor.

Here is the list of recent funding rounds of Direct Commerce:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 14, 2021	2010123	Series B	9375592	8028813	5325676	7767364

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View details of Direct Commerce's funding rounds and investors

The founders of Direct Commerce is Bruce Hanavan.

Here are the details of Direct Commerce's key team members:

Bruce Hanavan: Founder & President of Direct Commerce.

View details of Direct Commerce's Founder profiles and Board Members

Direct Commerce's employee count trend

Direct Commerce has 31 employees as of Mar 26. Here is Direct Commerce's employee count trend over the years:

Employee count trend for Direct Commerce

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Top competitors of Direct Commerce include Coupa, Bizongo and Concur. Here is the list of Top 10 competitors of Direct Commerce, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	T. Rowe Price, Meritech & 18 others	87/100
2nd	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, Accel & 30 others	77/100
3rd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	IVP, Redpoint Ventures & 7 others	75/100
4th	Spendesk 2016, Paris (France), Series C	Provider of spend management platform automating expense claims and invoice processing	$304M	Index Ventures, Tiger Global Management & 22 others	74/100
5th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, G Squared & 22 others	73/100
6th	Procurify 2012, Vancouver (Canada), Series C	SaaS-enabled end-to-end spend management software	$82.5M	Information Venture Partners, Ten Coves Capital ... & 22 others	68/100
7th	Dice 2018, Pune (India), Acquired	Provider of spend management and digital commerce platform for enterprises	$6.55M	IIT Mandi Catalyst, Dallas Venture Capital ... & 13 others	67/100
8th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	67/100
9th	Zip 2020, San Francisco (United States), Series D	Provider of a platform for procurement orchestration, intake, and spend management	$358M	Y Combinator, Bond Capital & 10 others	65/100
10th	Scoutbee 2015, Wurzburg (Germany), Acquired	Network connecting buyers and suppliers through an AI-driven procurement platform	$76M	HV Capital, 42 Capital & 9 others	64/100
86th	Direct Commerce 2000, San Francisco (United States), Series B	Cloud-based account payable and supplier management solutions for businesses	-	W3Capital	40/100