When was Nexus Systems founded?

Nexus Systems was founded in 1999 and raised its 1st funding round 13 years after it was founded.

Where is Nexus Systems located?

Nexus Systems is headquartered in Falls Church, United States. It is registered at Falls Church, Virginia.

Who is the current CEO of Nexus Systems?

Thomas L. Coolidge of Nexus Systems.

How many employees does Nexus Systems have?

As of Dec 31, 2022, the latest employee count at Nexus Systems is 87.

Is Nexus Systems a funded company?

Nexus Systems is a funded company, having raised a total of $28M across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Dec 19, 2012.

When was the latest funding round of Nexus Systems?

Nexus Systems' latest funding was a $***** Series B round on Oct 12, 2016, with participation from 1 investor.

Where does Nexus Systems rank among its competitors?

Nexus Systems ranks 32nd amongst 605 active competitors, of which 83 are funded. It stands 7th 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 Nexus Systems?

Nexus Systems' top competitors include Coupa, Concur and Procurify. Among them, Tipalti secured the most recent funding round in September, 2025.

Nexus Systems - 2026 Company Profile, Team, Funding & Competitors

Company Details

Modernizing business payments with connected solutions for financial institutions and businesses. The company provides payments automation, business payments network, payments connectivity and compliance, and cash management solutions. It offers AP automation for real estate, centralizing payment creation and submissions. The business facilitates secure digital payments through its B2B payments network. Connectivity services extend to financial messaging networks. Risk solutions detect and protect against payment fraud. The global cash management hub optimizes cash positions. Digital banking solutions aim to grow business value. The company serves banks, financial institutions, and businesses, simplifying complex business payments. It offers resources, learning center, and events to expand knowledge. The company fosters a culture of innovation, collaboration, and customer focus, empowering employees to grow and contribute to transforming business payments.

Website: nexussystems.com
Registered Address: Falls Church, Virginia

Key Metrics

Founded Year

1999

Location

Falls Church, United States

Stage

Acquired

Total Funding

$28M in 2 rounds

Latest Funding Round

Series B, Oct 12, 2016, $*****

Investors

Mainsail Partners & 3 more

Ranked

32^nd among 605 active competitors

Employee Count

87 as on Dec 31, 2022

Similar Companies

Coupa & 288 more

Exit Details

Acquired by Bottomline Technologies (Sep 13, 2022)

View Nexus Systems' full profile

Nexus Systems is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
NEXUS SYSTEMS, LLC CIN: 541552430 , United States, Active	Dec 27, 2012	-	87 (As on Dec 31, 2021)	-

Nexus Systems got acquired by Bottomline Technologies on Sep 13, 2022.

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

Nexus Systems has raised a total funding of $28M over 2 rounds. Its first funding round was on Dec 19, 2012. Its latest funding round was a Series B round on Oct 12, 2016 for $*****. 1 investor participated in its latest round. Nexus Systems has 4 institutional investors.

Here is the list of recent funding rounds of Nexus Systems:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 12, 2016	1438989	Series B	7404701	1685975	4724300	6620808
Dec 19, 2012	4399580	Grant (prize money)	3568753	4523783	5277544	United States Department of Agriculture

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View details of Nexus Systems's funding rounds and investors

The founders of Nexus Systems are Thomas L. Coolidge and Jennifer Coolidge.

Here are the details of Nexus Systems' key team members:

Thomas L. Coolidge: Founder & CEO of Nexus Systems.
Jennifer Coolidge: Founder & President of Nexus Systems.

View details of Nexus Systems's Founder profiles and Board Members

Nexus Systems' employee count trend

Nexus Systems has 87 employees as of Dec 22. The total employee count is 4.0% more than what it was in Dec 21. Here is Nexus Systems's employee count trend over the years:

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Top competitors of Nexus Systems include Coupa, Concur and Procurify. Here is the list of Top 10 competitors of Nexus Systems, 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	85/100
2nd	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	Redpoint Ventures, RRE Ventures & 8 others	75/100
3rd	Procurify 2012, Vancouver (Canada), Series C	Developer of procurement software for managing organizational spend and workflows	$82.5M	Information Venture Partners, Nexus Venture Partners ... & 22 others	73/100
4th	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
5th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
6th	Vertice 2021, London (United Kingdom), Series C	AI-powered platform for modern finance and procurement teams	$101M	83NORTH, Bessemer Venture Partners & 10 others	69/100
7th	SAP Ariba 1996, Palo Alto (United States), Acquired	E-procurement, invoicing, and B2B collaboration software for businesses	-	Intel, TCV & 5 others	68/100
8th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, MassMutual Ventures & 16 others	68/100
9th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 7 others	65/100
10th	Dice 2018, Pune (India), Acquired	Provider of spend management and digital commerce platform for enterprises	$6.55M	IIT Mandi Catalyst, Dallas Venture Capital ... & 14 others	64/100
32nd	Nexus Systems 1999, Falls Church (United States), Acquired	Modernizing business payments with connected solutions for financial institutions and businesses	$28M	Trinity Capital, Mainsail Partners & 2 others	50/100