When was Finexio founded?

Finexio was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Finexio located?

Finexio is headquartered in San Mateo, United States.

How many employees does Finexio have?

As of Aug 31, 2026, the latest employee count at Finexio is 43.

Is Finexio a funded company?

Finexio is a funded company, having raised a total of $83.5M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 08, 2016.

How much is Finexio worth?

The latest valuation of Finexio is $***** as of Oct 01, 2022.

When was the latest funding round of Finexio?

Finexio's latest funding was a $***** Venture Debt round on Dec 17, 2024, with participation from 1 investor.

Where does Finexio rank among its competitors?

Finexio ranks 3rd amongst 68 active competitors, of which 22 are funded. It stands 4th 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 Finexio?

Finexio's top competitors include Tipalti, Lumanu and Solo Technologies. Among them, Tipalti secured the most recent funding round in September, 2025.

Finexio - 2026 Company Profile, Team, Funding & Competitors

Finexio is a series B company based in San Mateo (United States), founded in 2015 by Ernest Rolfson and David McGuerty. It operates as a Provider of accounts payable automation and payment processing solutions for businesses. Finexio has raised $83.5M in funding from investors like Mendon Capital Advisors, National Bank Holdings and Patriot Financial Partners, with a current valuation of $*****. The company has 68 active competitors, including 22 funded and 11 that have exited. Its top competitors include companies like Tipalti, Lumanu and Solo Technologies.

Company Details

Provider of accounts payable automation and payment processing solutions for businesses. The company offers services such as payment delivery, fraud prevention, supplier management, and reporting. It facilitates electronic payments, virtual cards, and check payments. The company's platform integrates with existing systems to streamline payment workflows.

Website: www.finexio.com/
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Key Metrics

Founded Year

2015

Location

San Mateo, United States

Stage

Series B

Total Funding

$83.5M in 8 rounds

Latest Funding Round

Venture Debt, Dec 17, 2024, $*****

Post Money Valuation

$***** as on Oct 01, 2022

Investors

Mendon Capital Advisors & 41 more

Ranked

3^rd among 68 active competitors

Employee Count

43 as on Aug 31, 2026

Similar Companies

Spendesk & 236 more

View Finexio's full profile

Finexio has raised a total funding of $83.5M over 8 rounds. Its first funding round was on Aug 08, 2016. Its latest funding round was a Venture Debt round on Dec 17, 2024 for $*****. 1 investor participated in its latest round. Finexio has 25 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of Finexio:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2024	3173091	Venture Debt	3971490	1056580	6051634	9850984
Jul 25, 2022	9503726	Series B	6160163	4359846	2778219	Discover & 7 more
Jan 05, 2022	6096605	Series B	1406321	7074413	Mendon Venture Partners	Patriot Financial Partners

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View details of Finexio's funding rounds and investors

The founders of Finexio are Ernest Rolfson and David McGuerty.

Here are the details of Finexio's key team members:

Ernest Rolfson: Co-Founder & CEO of Finexio.
Contact Info: 1 email address
David McGuerty: Co-Founder of Finexio.

View details of Finexio's Founder profiles and Board Members

Finexio's employee count trend

Finexio has 43 employees as of Aug 26. Here is Finexio's employee count trend over the years:

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Top competitors of Finexio include Tipalti, Lumanu and Solo Technologies. Here is the list of Top 10 competitors of Finexio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, Durable Capital Partners & 24 others	73/100
2nd	Lumanu 2016, Milwaukee (United States), Series A	Influencer discovery and marketing platform	$17M	Origin Ventures, Capital Midwest Fund & 16 others	62/100
3rd	Finexio 2015, San Mateo (United States), Series B	Provider of accounts payable automation and payment processing solutions for businesses	$83.5M	Patriot Financial Partners, MacDonald Ventures ... & 40 others	58/100
4th	Solo Technologies 2020, Seattle (United States), Seed	Online platform offering income, and expenses tracking solutions to individuals	$5.3M	Slow Ventures, FUSE & 9 others	56/100
5th	Eved 2010, Chicago (United States), Series C	Provides spend management and payments platform for businesses	$31.4M	MK Capital, Pritzker Group & 4 others	55/100
6th	MineralTree 2010, Cambridge (United States), Acquired	Cloud-based accounts payable solutions for businesses	$123M	Great Hill Partners, .406 Ventures & 3 others	54/100
7th	AidKit 2021, Denver (United States), Series A	Online grant management platform for government organizations	$8.5M	Blueprint Equity, The GitLab Foundation	52/100
8th	Nvoicepay 2009, Beaverton (United States), Acquired	Provider of AP automation, commercial cards, and cross-border payment solutions	$28.8M	Napier Park Global Capital, Womens VC Fund II ... & 5 others	52/100
9th	Corpay One 2016, Covington (United States), Acquired	Provider of spend management platform and smart corporate card solutions	$9.58M	QED Investors, 9Yards & 6 others	52/100
10th	Resolve Corp 2006, San Francisco (United States), Series C	Provider of B2B net terms financing and accounts receivable automation	$85M	Initialized Capital, Insight Partners & 14 others	50/100