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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.
Social
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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
Investors
Ranked
Employee Count
40 as on Sep 30, 2026
Similar Companies
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
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Notch's founders and board of directors

Founder? Claim Profile
The founders of Notch is Jordan Huck. Jordan Huck is the CEO of Notch.
Here are the details of Notch's key team members:

Notch's employee count trend

Notch has 40 employees as of Sep 26. Here is Notch's employee count trend over the years:
Employee count trend for Notch
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zuora
Zuora
2007, Redwood City (United States), Acquired
Cloud-based invoice and subscription management solutions for businesses
$243M
78/100
2nd
Logo for Bill
Bill
2006, San Jose (United States), Public
Provider of accounts payable, accounts receivable, and spend management solutions
$326M
78/100
3rd
Logo for Melio
Melio
2018, New York City (United States), Acquired
Provider of accounts payable and receivable solutions for businesses
$654M
78/100
4th
Logo for Paymentus
Paymentus
2004, Atlanta (United States), Public
Provider of a platform for intelligent billing and payment solutions
$23.6M
74/100
5th
Logo for HighRadius
HighRadius
2006, Houston (United States), Series C
Provider of AI-powered platform for automating finance processes and improving outcomes
$484M
71/100
6th
Logo for Viewpost
Viewpost
2011, Maitland (United States), Series C
Online payment solutions for businesses
$129M
64/100
7th
Logo for Fazeshift
Fazeshift
2023, San Francisco (United States), Series A
Provider of AI-driven solution automating accounts receivable workflows and cash application
$22M
63/100
8th
Logo for SOFTRAX
SOFTRAX
1999, Boise (United States), Acquired
Cloud-based system automating billing and revenue recognition processes
$16.5M
60/100
9th
Logo for Esker
Esker
1985, Middleton (United States), Public
Provider of an AI-driven document automation and business process solutions
-
58/100
10th
Logo for Plooto
Plooto
2015, Toronto (Canada), Series B
Provider of accounts payable and accounts receivable automation software solutions
$26.4M
58/100
31st
Logo for Notch
Notch
2015, Toronto (Canada), Acquired
Provider of accounts receivable automation software for invoice and payment management
$32.6M
43/100
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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

•
Online Marketplace Offers Local Foods to Restaurants Hospitalitytech•Jul 23, 2018•Notch
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