When was MineralTree founded?

MineralTree was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is MineralTree located?

MineralTree is headquartered in Cambridge, United States. It is registered at Cambride, Massachusetts.

How many employees does MineralTree have?

As of Aug 31, 2026, the latest employee count at MineralTree is 98.

Is MineralTree a funded company?

MineralTree is a funded company, having raised a total of $123M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 02, 2011.

When was the latest funding round of MineralTree?

MineralTree's latest funding was a $***** Series D round on Sep 24, 2020, with participation from 3 investors.

Where does MineralTree rank among its competitors?

MineralTree ranks 16th amongst 223 active competitors, of which 55 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Order, which secured $40M in Jan, 2026.

Who are the top competitors of MineralTree?

MineralTree's top competitors include Coupa, Concur and Tipalti. Among them, Order secured the most recent funding round in January, 2026.

MineralTree - 2026 Company Profile, Team, Funding & Competitors

Q: Is MineralTree an acquired company?

MineralTree got acquired by Global Payments on Sep 08, 2021.

MineralTree is an acquired company based in Cambridge (United States), founded in 2010. It operates as a Cloud-based accounts payable solutions for businesses. MineralTree has raised $123M in funding from investors like .406 Ventures, Great Hill Partners and Eight Roads Ventures. The company has 223 active competitors, including 55 funded and 31 that have exited. Its top competitors include companies like Coupa, Concur and Tipalti.

Company Details

Cloud-based accounts payable solutions for businesses. It provides solutions for scanning invoices, converting invoices into PDF format, linking documents with data, and more. It offers multiple products including Invoice-to-pay for accounts payable automation, Flexpay for payments automation, virtual card with SilverPay for vendor payments management, and fraud Security with SliverGuard for payment fraud detection.

Website: mineraltree.com
Social
Registered Address: Cambride, Massachusetts

Key Metrics

Founded Year

2010

Location

Cambridge, United States

Stage

Acquired

Total Funding

$123M in 5 rounds

Latest Funding Round

Series D, Sep 24, 2020, $*****

Investors

.406 Ventures & 4 more

Ranked

16^th among 223 active competitors

Employee Count

98 as on Aug 31, 2026

Investment & Acquisitions

Inspyrus & 1 more

Similar Companies

Coupa & 428 more

Exit Details

Acquired by Global Payments (Sep 08, 2021)

View MineralTree's full profile

MineralTree is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MINERALTREE PRIVATE LIMITED CIN: U74999KA2017FTC103982 , India, Active	Jun 20, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	26 (As on Apr 30, 2022)
MINERALTREE, INC. CIN: 273816448 , United States, Active	Dec 26, 999	-	124 (As on Dec 31, 2021)	-

MineralTree got acquired by Global Payments on Sep 08, 2021 at an acquisition amount of $*****.

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

MineralTree has raised a total funding of $123M over 5 rounds. Its first funding round was on Feb 02, 2011. Its latest funding round was a Series D round on Sep 24, 2020 for $*****. 3 investors participated in its latest round. MineralTree has 5 institutional investors.

Here is the list of recent funding rounds of MineralTree:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 24, 2020	6463669	Series D	4243244	5783601	9210994	8720360
Mar 27, 2019	3286187	Series C	6770457	9114010	9153550	.406 Ventures & 1 more
Feb 11, 2015	8234057	Series B	6332074	4709254	First Data	.406 Ventures & 1 more

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View details of MineralTree's funding rounds and investors

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

Micah Remley: CEO of MineralTree. They serve on the boards of 2 companies.
Contact Info: 1 email address

MineralTree's Board of Directors

MineralTree's board has 17 active members. Sandeep Singh, Robert Anderson, Chris Sands, Bill Price, Rajesh Kumar Dugar, Matthew Vettel, Greg Dracon, Shyam Kamadolli, Micah Remley, Carol Meyers, Maria Cirino, Christopher Sands, Norm Deluca, Nicholas Cayer, Bc Krishna, Vijay Ramnathan and Sanjay Aggarwal are independent board members.

Here is the list of MineralTree's board of directors:

Name	Type	Representing	Status	Duration
Sandeep Singh	Independent board member	-	Current	7y 5m
qrpmbdx	Independent board member	-	Current	5y 4m
bvtpiix	Independent board member	-	Current	4y 4m
moeyynf	Independent board member	-	Current	8y 2m
msaz{gp	Independent board member	-	Current	8y 6m
gnxozs{	Independent board member	-	Current	2y 8m
pqpflnn	Independent board member	-	Current	3y 2m
vyglplv	Independent board member	-	Current	2y 7m
qfunwzx	Independent board member	-	Current	8y 7m
ghslxth	Independent board member	-	Current	1y 4m
caupyeo	Independent board member	-	Current	9y 8m
qffislp	Independent board member	-	Current	8y 6m
awwsrba	Independent board member	-	Current	3y 2m
bjqmplt	Independent board member	-	Current	9y 3m
zbbaehc	Independent board member	-	Current	8y 4m
uzgejea	Independent board member	-	Current	4y 4m
cf{kbvv	Independent board member	-	Current	3y 5m

View details of MineralTree's Founder profiles and Board Members

MineralTree's employee count trend

MineralTree has 98 employees as of Aug 26. Here is MineralTree's employee count trend over the years:

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Top competitors of MineralTree include Coupa, Concur and Tipalti. Here is the list of Top 10 competitors of MineralTree, 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	Meritech, T. Rowe Price & 18 others	86/100
2nd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	RRE Ventures, American Express & 8 others	75/100
3rd	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
4th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
5th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, Bessemer Venture Partners & 16 others	68/100
6th	SAP Ariba 1996, Palo Alto (United States), Acquired	E-procurement, invoicing, and B2B collaboration software for businesses	-	Intel, TCV & 5 others	65/100
7th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 6 others	64/100
8th	Teampay 2016, New York City (United States), Acquired	Provider of spend management platform automating accounts payable and purchasing processes	$65M	Fin Capital, Tribe Capital & 26 others	63/100
9th	Order 2016, Manhattan (United States), Series C	Procurement management solutions for businesses	$130M	Stage 2 Capital, 645 Ventures & 14 others	63/100
10th	Corcentric 1998, Mclean (United States), Public	Provider of source-to-pay, order-to-cash, and fleet management business solutions	$81.2M	Bregal Sagemount, Union Bank Of India & 3 others	62/100
16th	MineralTree 2010, Cambridge (United States), Acquired	Cloud-based accounts payable solutions for businesses	$123M	Great Hill Partners, F-Prime Capital & 3 others	54/100