When was Factor Avenue founded?

Factor Avenue was founded in 2024.

Where is Factor Avenue located?

Factor Avenue is headquartered in Dover, United States.

How many employees does Factor Avenue have?

As of Apr 30, 2026, the latest employee count at Factor Avenue is 2.

Is Factor Avenue a funded company?

Factor Avenue is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Factor Avenue rank among its competitors?

Factor Avenue ranks 250th amongst 372 active competitors, of which 47 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Ordermentum, which secured $39.2M in May, 2026.

Who are the top competitors of Factor Avenue?

Factor Avenue's top competitors include AvidXchange, Konfío and RapidClaims. Among them, Ordermentum secured the most recent funding round in May, 2026.

Factor Avenue - 2026 Company Profile & Competitors

Factor Avenue is an unfunded company based in Dover (United States), founded in 2024. It operates as a Developer of software for invoice factoring and receivables funding companies. Factor Avenue has not raised any funding yet. The company has 372 active competitors, including 47 funded and 27 that have exited. Its top competitors include companies like AvidXchange, Konfío and RapidClaims.

Company Details

Developer of software for invoice factoring and receivables funding companies. The software automates client onboarding, invoice verification, risk assessment, and funding processes. It offers features such as client and debtor portals, collections management, and reporting and analytics. The platform provides tools for managing reserves, pricing, fees, and interest calculations.

Website: factoravenue.com
Email ID: *****@factoravenue.com

Key Metrics

Founded Year

2024

Location

Dover, United States

Stage

Unfunded

Ranked

250^th among 372 active competitors

Employee Count

2 as on Apr 30, 2026

Similar Companies

AvidXchange & 448 more

View Factor Avenue's full profile

Factor Avenue has not raised any funding rounds yet.

Factor Avenue's employee count trend

Factor Avenue has 2 employees as of Apr 26. Here is Factor Avenue's employee count trend over the years:

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Top competitors of Factor Avenue include AvidXchange, Konfío and RapidClaims. Here is the list of Top 10 competitors of Factor Avenue, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AvidXchange 2000, Charlotte (United States), Acquired	Accounts payable and payment automation solution for businesses	$1.18B	Sixth Street, Mastercard & 29 others	73/100
2nd	Konfío 2014, Miguel Hidalgo (Mexico), Series E	Financial solutions platform provider	$378M	Vostok Emerging Finance, Lightrock & 22 others	66/100
3rd	RapidClaims 2023, Manhattan (United States), Series A	Provider of AI-powered platform for revenue cycle management and intelligence	$11.1M	Accel, Together & 11 others	65/100
4th	RoadSync 2015, Atlanta (United States), Series B	Accounts receivable solutions for businesses	$40M	Tiger Global Management, Base10 Partners ... & 13 others	64/100
5th	LayerX 2018, Chuo City (Japan), Series B	Provider of AI, SaaS, and Fintech digital solutions and services	$192M	JAFCO Group, TCV & 21 others	63/100
6th	Ordermentum 2014, Sydney (Australia), Public	Provider of order management software solutions for businesses	$58.9M	PURE Asset Management, Gandel Invest & 7 others	63/100
7th	Ottimate 2014, San Francisco (United States), Series B	Provider of AI-powered accounts payable automation software for multiple industries	$164M	Y Combinator, Tamares & 6 others	62/100
8th	Anomaly 2020, New York City (United States), Series B	AI-based healthcare billing and payment solution for employers and payers	$34M	Sound Ventures, RRE Ventures & 6 others	62/100
9th	Duplo 2021, Lagos (Nigeria), Seed	Provider of B2B payments solutions	$5.6M	Oui Capital, Commerce Ventures & 16 others	62/100
10th	PayGround 2010, Gilbert (United States), Series A	Cloud-based invoice payments solutions to businesses	$29.3M	Triventures, FCA Venture Partners & 7 others	60/100
250th	Factor Avenue 2024, Dover (United States), Unfunded	Developer of software for invoice factoring and receivables funding companies	-	-	16/100