Notch - About the company
Notch is an acquired company based in Toronto (Canada), founded in 2015 by Jordan Huck. It operates as a Provider of accounts receivable automation software for invoice and payment management. Notch has raised $32.6M in funding from investors like BDC, The Yield Lab and Accomplice. The company has 672 active competitors, including 46 funded and 42 that have exited. Its top competitors include companies like Zuora, Bill and Melio.
Company Details
Provider of accounts receivable automation software for invoice and payment management. The software automates invoice processing, payment collection, and payment reconciliation. It offers features such as customer payment portals, OCR invoice scanning, and integration with accounting and ERP systems. The software aims to streamline accounts receivable workflows and accelerate payment collection.
- Website
- www.notch.financial/
- Email ID
- *****@notch.financial
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Toronto, Canada
Stage
Acquired
Total Funding
$32.6M in 3 rounds
Latest Funding Round
Ranked
31st among 672 active competitors
Employee Count
40 as on Sep 30, 2026
Exit Details
Acquired by Telpay (Jul 07, 2026)
Notch's acquisition details
Notch got acquired by Telpay on Jul 07, 2026.
Click here to take a look at Notch's acquisition in detail
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Notch's funding and investors
Notch has raised a total funding of $32.6M over 3 rounds. Its first funding round was on Apr 24, 2018. Its latest funding round was a Series A round on Jan 19, 2023 for $*****. 7 investors participated in its latest round. Notch has 11 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Notch:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 19, 2023 | 1372297 | Series A | 9885946 | 3529440 | 9453247 | 9413091 |
Jul 27, 2021 | 1666725 | Series A | 2687053 | 3296199 | 5518937 | |
Apr 24, 2018 | 3627976 | Series A | 4284447 | 2396206 | 5276046 |
View details of Notch's funding rounds and investors
Notch's founders and board of directors
Founder? Claim ProfileThe founders of Notch is Jordan Huck. Jordan Huck is the CEO of Notch.
Here are the details of Notch's key team members:
- Jordan Huck: Co-Founder & CEO of Notch.
View details of Notch's Founder profiles and Board Members
Notch's employee count trend
Notch has 40 employees as of Sep 26. Here is Notch's employee count trend over the years:
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Notch's Competitors and alternates
Top competitors of Notch include Zuora, Bill and Melio. Here is the list of Top 10 competitors of Notch, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zuora 2007, Redwood City (United States), Acquired | Cloud-based invoice and subscription management solutions for businesses | $243M | 78/100 | |
2nd | Bill 2006, San Jose (United States), Public | Provider of accounts payable, accounts receivable, and spend management solutions | $326M | 78/100 | |
3rd | Melio 2018, New York City (United States), Acquired | Provider of accounts payable and receivable solutions for businesses | $654M | 78/100 | |
4th | Paymentus 2004, Atlanta (United States), Public | Provider of a platform for intelligent billing and payment solutions | $23.6M | 74/100 | |
5th | HighRadius 2006, Houston (United States), Series C | Provider of AI-powered platform for automating finance processes and improving outcomes | $484M | 71/100 | |
6th | Viewpost 2011, Maitland (United States), Series C | Online payment solutions for businesses | $129M | 64/100 | |
7th | Fazeshift 2023, San Francisco (United States), Series A | Provider of AI-driven solution automating accounts receivable workflows and cash application | $22M | 63/100 | |
8th | SOFTRAX 1999, Boise (United States), Acquired | Cloud-based system automating billing and revenue recognition processes | $16.5M | 60/100 | |
9th | Esker 1985, Middleton (United States), Public | Provider of an AI-driven document automation and business process solutions | - | 58/100 | |
10th | Provider of accounts payable and accounts receivable automation software solutions | $26.4M | 58/100 | ||
31st | Provider of accounts receivable automation software for invoice and payment management | $32.6M | 43/100 |
Looking for more details on Notch's competitors? Click here to see the top ones
Notch's Investments and acquisitions
Notch has made no investments or acquisitions yet.
Reports related to Notch
Here is the latest report on Notch's sector:
News related to Notch
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WISK.ai and Notch Financial Announce Strategic Partnership to Revolutionize Restaurant OperationsWisk.ai•Apr 18, 2024•Wisk.ai, Notch
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notch Announces New B2B Payments Platform for Food and Beverage IndustryFinancial Post•Mar 10, 2022•Notch
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Following rebrand, Notch raises $12.5 million CAD to bring restaurant supply chain software to new markets
BetaKit•Oct 27, 2021•Notch
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Notch Raises $10M to Digitize the Restaurant Supply ChainThe Spoon•Jul 27, 2021•Notch, Accomplice, BDC, MATH Venture Partners and 7 others
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ChefHero Rebrands as Notch, Aims to Digitize the Entire Foodservice Supply ChainThe Spoon•May 10, 2021•Notch
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ChefHero raises $12.6 million to build wholesale marketplace for independent restaurantsBetaKit•Apr 24, 2018•Notch, Accomplice, Precursor Ventures, MATH Venture Partners and 2 others
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