When was PortX founded?

PortX was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is PortX located?

PortX is headquartered in Mercer Island, United States.

How many employees does PortX have?

As of Jun 30, 2026, the latest employee count at PortX is 95.

Is PortX a funded company?

PortX is a funded company, having raised a total of $26.6M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2020.

When was the latest funding round of PortX?

PortX's latest funding was a $***** Series C round on Oct 21, 2025, with participation from 4 investors.

Where does PortX rank among its competitors?

PortX ranks 4th amongst 117 active competitors, of which 22 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Biller Genie, which secured $22.4M in Nov, 2025.

Who are the top competitors of PortX?

PortX's top competitors include Billtrust, DadeSystems and RoadSync. Among them, Biller Genie secured the most recent funding round in November, 2025.

PortX - 2026 Company Profile, Team, Funding & Competitors

PortX is a series C company based in Mercer Island (United States), founded in 2016. It operates as a Cloud-based transaction management platform for businesses. PortX has raised $26.6M in funding from investors like FUSE, Praxis and Curql. The company has 117 active competitors, including 22 funded and 13 that have exited. Its top competitors include companies like Billtrust, DadeSystems and RoadSync.

Company Details

Cloud-based transaction management platform for businesses. Provides API tools to automate B2B transactions. It claims to automate transactions related to Invoices, Purchase Orders, Shipping Notices, and more through EDI, XML, APIs, and more. The cloud-based platform offers transaction reporting through dashboard.

Website: portx.io
Email ID: *****@portx.io
Phone Number: +1 **********
Part Of

Key Metrics

Founded Year

2016

Location

Mercer Island, United States

Stage

Series C

Total Funding

$26.6M in 4 rounds

Latest Funding Round

Series C, Oct 21, 2025, $*****

Investors

FUSE & 11 more

Ranked

4^th among 117 active competitors

Employee Count

95 as on Jun 30, 2026

Similar Companies

Billtrust & 491 more

View PortX's full profile

PortX has raised a total funding of $26.6M over 4 rounds. Its first funding round was on 2020. Its latest funding round was a Series C round on Oct 21, 2025 for $*****. 4 investors participated in its latest round. PortX has 12 institutional investors.

Here is the list of recent funding rounds of PortX:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 21, 2025	4582171	Series C	4370460	9186099	6481586	4615986
Sep 28, 2023	9804130	Series B	3033264	9672484	1095366	BankTech Ventures & 2 more
Sep 13, 2022	7914830	Series A	7078655	4840160	BankTech Ventures & 1 more	Patamar Capital & 2 more

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View details of PortX's funding rounds and investors

PortX's employee count trend

PortX has 95 employees as of Jun 26. Here is PortX's employee count trend over the years:

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Top competitors of PortX include Billtrust, DadeSystems and RoadSync. Here is the list of Top 10 competitors of PortX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Billtrust 2001, Hamilton Township (United States), Acquired	Invoice and payment management solutions for small businesses	$105M	Riverwood Capital, Goldman Sachs & 7 others	69/100
2nd	DadeSystems 2011, Miami (United States), Acquired	Account receivable payment automation solution.	$11M	Napier Park Global Capital, Wells Fargo & 3 others	64/100
3rd	RoadSync 2015, Atlanta (United States), Series B	Accounts receivable solutions for businesses	$40M	Tiger Global Management, Base10 Partners ... & 13 others	63/100
4th	PortX 2016, Mercer Island (United States), Series C	Cloud-based transaction management platform for businesses	$26.6M	FUSE, Patamar Capital & 10 others	62/100
5th	PayStand 2013, San Francisco (United States), Series C	Payment processing solutions for bitcoin, e-checks and credit cards	$85M	NewView Capital, Cervin & 22 others	60/100
6th	PayGround 2010, Gilbert (United States), Series A	Cloud-based invoice payments solutions to businesses	$29.3M	FCA Venture Partners, Triventures & 7 others	60/100
7th	Biller Genie 2018, Miami (United States), Series B	Cloud-based invoicing and payment platform for businesses	$32.9M	Radian Capital, eMerge Americas & 4 others	60/100
8th	40Seas 2022, New York City (United States), Seed	Provider of AI-powered platform for automating receivables, collections, and payments	$17M	QED Investors, Team8 & 3 others	59/100
9th	Aiwyn 2020, Charlotte (United States), Series A	Provider of platform for accounting firms offering payments, practice, experience, tax	$127M	Revolution, Bessemer Venture Partners & 3 others	57/100
10th	Onyx CenterSource 1992, Dallas (United States), Acquired	B2B payment and business intelligence solutions for the hospitality industry	-	Prospect Capital, H.I.G. Private Equity	55/100