When was Nook founded?

Nook was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Where is Nook located?

Nook is headquartered in London, United Kingdom.

Who is the current CEO of Nook?

Joseph Lines of Nook. They have also founded 1 company.

Which legal entities is Nook associated with?

Nook is associated with PAYAABLE LTD.

How many employees does Nook have?

As of Aug 31, 2026, the latest employee count at Nook is 9.

Is Nook a funded company?

Nook is a funded company, having raised a total of $1.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 2021.

When was the latest funding round of Nook?

Nook's latest funding was a $***** Seed round on 2023, with participation from 1 investor. Its primary sector is Finance & Accounting Tech. In United Kingdom, the Finance & Accounting Tech sector has seen $31M in funding in 2026 to date.

Where does Nook rank among its competitors?

Nook ranks 17th amongst 348 active competitors, of which 40 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Ordermentum, which secured $39.2M in May, 2026.

Who are the top competitors of Nook?

Nook's top competitors include AvidXchange, Konfío and RapidClaims. Among them, Ordermentum secured the most recent funding round in May, 2026.

Nook - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of accounts payable automation platform integrated with payment infrastructure. The platform offers a solution for invoice management and accounts payable automation. It aims to streamline payment workflows, reduce manual tasks, and minimise errors. The platform also provides visibility and control over outgoings.

Key Metrics

Founded Year

2015

Location

London, United Kingdom

Stage

Acquired

Total Funding

$1.1M in 2 rounds

Latest Funding Round

Seed, 2023, $*****

Investors

Speedinvest & 16 more

Ranked

17^th among 348 active competitors

Employee Count

9 as on Aug 31, 2026

Similar Companies

AvidXchange & 419 more

Exit Details

Acquired by Modulr (Nov 19, 2024)

View Nook's full profile

Nook is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAYAABLE LTD CIN: 12921042 , Germany, Active	Oct 01, 2020	-	4 (As on Dec 31, 2022)

Nook got acquired by Modulr on Nov 19, 2024.

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

Nook has raised a total funding of $1.1M over 2 rounds. Its first funding round was on Jun 2021. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. Nook has 9 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Nook:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	5827	Seed	6090	5088	2293	2186
Jun 2021	4498068	Seed	8666982	8765931	Speedinvest & 1 more	Ascension & 4 more

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View details of Nook's funding rounds and investors

The founders of Nook are Henry Arnold and Joseph Lines. Joseph Lines is the CEO of Nook.

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

Henry Arnold: Co-Founder of Nook.
Joseph Lines: Co-Founder & CEO of Nook.

View details of Nook's Founder profiles and Board Members

Nook's employee count trend

Nook has 9 employees as of Aug 26. Here is Nook's employee count trend over the years:

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Top competitors of Nook include AvidXchange, Konfío and RapidClaims. Here is the list of Top 10 competitors of Nook, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AvidXchange 2000, Charlotte (United States), Acquired	Accounts payable and payment automation solution for businesses	$1.18B	Sixth Street, Mastercard & 31 others	73/100
2nd	Konfío 2014, Miguel Hidalgo (Mexico), Series E	Financial solutions platform provider	$378M	Vostok Emerging Finance, QED Investors & 22 others	67/100
3rd	RapidClaims 2023, Manhattan (United States), Series A	Provider of AI-powered platform for revenue cycle management and intelligence	$11.1M	Accel, Together & 13 others	65/100
4th	Ordermentum 2014, Sydney (Australia), Public	Provider of order management software solutions for businesses	$58.9M	PURE Asset Management, Five V Capital & 8 others	64/100
5th	Ottimate 2014, San Francisco (United States), Series B	Provider of AI-powered accounts payable automation software for multiple industries	$164M	Y Combinator, Tamares & 7 others	62/100
6th	Duplo 2021, Lagos (Nigeria), Seed	Provider of B2B payments solutions	$5.6M	Oui Capital, Liquid 2 Ventures & 17 others	62/100
7th	LayerX 2018, Chuo City (Japan), Series B	Provider of AI, SaaS, and Fintech digital solutions and services	$192M	JAFCO Group, TCV & 21 others	62/100
8th	Ftni 2008, Omaha (United States), Acquired	Provider of cloud-based platform automating accounts receivable and payment processing	$1.12M	Tetrad Corporation, Treetop Ventures & 1 others	62/100
9th	Basware 1985, Espoo (Finland), Late Stage	Provider of software for invoice lifecycle management and automation processes	-	Bregal Sagemount, Accel-KKR & 3 others	61/100
10th	RoadSync 2015, Atlanta (United States), Series B	Accounts receivable solutions for businesses	$40M	Tiger Global Management, Base10 Partners ... & 13 others	60/100
17th	Nook 2015, London (United Kingdom), Acquired	Provider of accounts payable automation platform integrated with payment infrastructure	$1.1M	P1 SPV, Triple Point & 15 others	49/100