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 Mar 31, 2026, the latest employee count at Finexio is 53.

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 Jul 25, 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 6th amongst 69 active competitors, of which 24 are funded. It stands 3rd 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, Solo Technologies and MineralTree. 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 69 active competitors, including 24 funded and 11 that have exited. Its top competitors include companies like Tipalti, Solo Technologies and MineralTree.

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 Jul 25, 2022

Investors

Mendon Capital Advisors & 41 more

Ranked

6^th among 69 active competitors

Employee Count

53 as on Mar 31, 2026

Similar Companies

Tipalti & 232 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	1817454	Venture Debt	1581553	7949915	5446615	5263887
Jul 25, 2022	9517158	Series B	2954638	1633201	2828395	Discover & 7 more
Jan 05, 2022	1818536	Series B	8206912	1290715	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.
Contact Info: 1 email address

View details of Finexio's Founder profiles and Board Members

Finexio's employee count trend

Finexio has 53 employees as of Mar 26. Here is Finexio's employee count trend over the years:

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Top competitors of Finexio include Tipalti, Solo Technologies and MineralTree. 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, G Squared & 19 others	65/100
2nd	Solo Technologies 2020, Seattle (United States), Seed	Online platform offering income, and expenses tracking solutions to individuals	$5.3M	Slow Ventures, Red Sea Ventures & 8 others	64/100
3rd	MineralTree 2010, Cambridge (United States), Acquired	Cloud-based accounts payable solutions for businesses	$123M	Great Hill Partners, Eight Roads Ventures ... & 3 others	61/100
4th	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	59/100
5th	Paymerang 2010, Richmond (United States), Acquired	AI-based invoice, payment, and accounts payable automation solutions for businesses	$36M	Aldrich Capital Partners, Union Bank & Trust ... & 1 others	57/100
6th	Finexio 2015, San Mateo (United States), Series B	Provider of accounts payable automation and payment processing solutions for businesses	$83.5M	The Banc Funds, J P Morgan & 40 others	59/100
7th	Incedo 2011, Santa Clara (United States), Funding Raised	Cloud-based business administration and payment solutions for banks and businesses	-	Mission Holdings	55/100
8th	Beam 2022, San Francisco (United States), Series A	Construction payments management platform	$15M	Accel, Zigg Capital & 5 others	54/100
9th	PredictAP 2019, Newton (United States), Series A	AI-based back-office solutions for real estate funds & property managers	$26.2M	RET Ventures, Breton Capital Ventures & 1 others	51/100
10th	Eved 2010, Chicago (United States), Series C	Provides spend management and payments platform for businesses	$31.4M	Pritzker Group, MK Capital & 4 others	50/100