When was Invoice Cloud founded?

Invoice Cloud was founded in 2009.

Where is Invoice Cloud located?

Invoice Cloud is headquartered in Braintree, United States. It is registered at Braintree, Massachusetts.

Who is the current CEO of Invoice Cloud?

Robert P Bennett of Invoice Cloud.

How many employees does Invoice Cloud have?

As of Dec 31, 2022, the latest employee count at Invoice Cloud is 764.

Is Invoice Cloud a funded company?

Invoice Cloud is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round.

When was the latest funding round of Invoice Cloud?

Invoice Cloud's latest funding was a $***** Series A round on Jun 01, 2015, with participation from 1 investor.

Where does Invoice Cloud rank among its competitors?

Invoice Cloud ranks 11th amongst 738 active competitors, of which 58 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Mimo, which secured $8.5M in Mar, 2025.

Who are the top competitors of Invoice Cloud?

Invoice Cloud's top competitors include Bill.com, Clear and Melio. Among them, Mimo secured the most recent funding round in March, 2025.

Invoice Cloud - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of digital billing and payment platform for multiple industries. The platform offers options for bill payment, reminders, and reporting. It provides integrations with existing systems and aims to streamline digital payments. The platform offers support for utilities, insurance, local government, and county tax sectors.

Website: invoicecloud.net
Social
Email ID: *****@invoicecloud.com
Phone Number: +1 **********
Registered Address: Braintree, Massachusetts

Key Metrics

Founded Year

2009

Location

Braintree, United States

Stage

Acquired

Latest Funding Round

Series A, Jun 01, 2015, $*****

Investors

Summit Partners & 2 more

Ranked

11^th among 738 active competitors

Employee Count

764 as on Dec 31, 2022

Investment & Acquisitions

Metropolitan Communications

Similar Companies

Bill.com & 846 more

Exit Details

Acquired by General Atlantic (Dec 18, 2018)

View Invoice Cloud's full profile

Invoice Cloud is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INVOICECLOUD INTERNATIONAL PRIVATE LIMITED CIN: U62099TS2024FTC186949 , India, Active	Jun 26, 2024	$1.54M (As on Mar 31, 2025)	-
INVOICE CLOUD, INC. CIN: 263972596 , United States, Active	Dec 26, 999	-	764 (As on Dec 31, 2021)	-

Invoice Cloud got acquired by General Atlantic on Dec 18, 2018.

Click here to take a look at Invoice Cloud's acquisition in detail

Invoice Cloud has raised funding over 2 rounds. Its latest funding round was a Series A round on Jun 01, 2015 for $*****. 1 investor participated in its latest round. Invoice Cloud has 3 institutional investors.

Here is the list of recent funding rounds of Invoice Cloud:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2015	4619306	Series A	4714210	6108766	8683964	7148903

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View details of Invoice Cloud's funding rounds and investors

Invoice Cloud's employee count trend

Invoice Cloud has 764 employees as of Dec 22. The total employee count is 47.0% more than what it was in Dec 21. Here is Invoice Cloud's employee count trend over the years:

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Top competitors of Invoice Cloud include Bill.com, Clear and Melio. Here is the list of Top 10 competitors of Invoice Cloud, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bill.com 2006, Palo Alto (United States), Public	Provider of accounts payable, accounts receivable, and spend management solutions	$326M	Icon Ventures, August Capital & 28 others	84/100
2nd	Clear 2011, Bengaluru (India), Series C	Technology-enabled accounting and finance solutions for SMBs	$141M	PayPal, Composite Capital Management & 27 others	79/100
3rd	Melio 2018, New York City (United States), Acquired	Provider of accounts payable and receivable solutions for businesses	$654M	Coatue, American Express Ventures & 24 others	77/100
4th	Zuora 2007, Redwood City (United States), Acquired	Cloud-based invoice and subscription management solutions for businesses	$243M	Benchmark, Wellington & 27 others	77/100
5th	Paymentus 2004, Atlanta (United States), Public	Provider of a platform for intelligent billing and payment solutions	$23.6M	Accel-KKR, HTIF & 2 others	73/100
6th	PayIt 2013, Kansas City (United States), Series D	Mobile-based payment platform for government agencies	$267M	Missouri Technology, Insight Partners & 9 others	70/100
7th	Lili 2018, New York City (United States), Series B	Digital bank for freelancers	$80M	Group 11, Zeev Ventures & 12 others	68/100
8th	Routable 2016, San Francisco (United States), Series B	Provider of accounts payable automation, vendor management, and payment solutions	$47.7M	Y Combinator, Liquid 2 Ventures & 22 others	67/100
9th	Global Healthcare Exchange 2000, Louisville (United States), Acquired	Cloud-based healthcare supply chain solutions for efficiency and improved patient outcomes	-	Ares Capital Corporation, Golub Growth & 4 others	65/100
10th	Mimo 2023, London (United Kingdom), Seed	Cashflow and payments management platform for businesses	$28.1M	Project A, Northzone & 4 others	60/100
11th	Invoice Cloud 2009, Braintree (United States), Acquired	Provider of digital billing and payment platform for multiple industries	-	Summit Partners, Ares Capital Corporation ... & 1 others	59/100