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PortX - About the company

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 116 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
Investors
Ranked
Employee Count
92 as on Apr 30, 2026
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PortX's funding and investors

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 11 institutional investors.

Here is the list of recent funding rounds of PortX:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 21, 2025
2361064
Series C
1750366
5337365
3183038
2982678
Sep 28, 2023
8400050
Series B
6822297
2625291
6285429
Sep 13, 2022
1270630
Series A
1190760
1707562
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PortX's founders and board of directors

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PortX's employee count trend

PortX has 92 employees as of Apr 26. Here is PortX's employee count trend over the years:
Employee count trend for PortX
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PortX's Competitors and alternates

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
Logo for Billtrust
Billtrust
2001, Hamilton Township (United States), Acquired
Invoice and payment management solutions for small businesses
$105M
69/100
2nd
Logo for DadeSystems
DadeSystems
2011, Miami (United States), Acquired
Account receivable payment automation solution.
$11M
64/100
3rd
Logo for RoadSync
RoadSync
2015, Atlanta (United States), Series B
Accounts receivable solutions for businesses
$40M
64/100
4th
Logo for PortX
PortX
2016, Mercer Island (United States), Series C
Cloud-based transaction management platform for businesses
$26.6M
62/100
5th
Logo for PayStand
PayStand
2013, San Francisco (United States), Series C
Payment processing solutions for bitcoin, e-checks and credit cards
$85M
60/100
6th
Logo for PayGround
PayGround
2010, Gilbert (United States), Series A
Cloud-based invoice payments solutions to businesses
$29.3M
60/100
7th
Logo for Biller Genie
Biller Genie
2018, Miami (United States), Series B
Cloud-based invoicing and payment platform for businesses
$32.9M
60/100
8th
Logo for 40Seas
40Seas
2022, New York City (United States), Seed
Provider of AI-powered platform for automating receivables, collections, and payments
$17M
59/100
9th
Logo for Aiwyn
Aiwyn
2020, Charlotte (United States), Series A
Provider of platform for accounting firms offering payments, practice, experience, tax
$127M
57/100
10th
Logo for Onyx CenterSource
Onyx CenterSource
1992, Dallas (United States), Acquired
B2B payment and business intelligence solutions for the hospitality industry
-
55/100
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PortX's Investments and acquisitions

PortX has made no investments or acquisitions yet.

Reports related to PortX

Here is the latest report on PortX's sector:

News related to PortX

lockFilter this list
Media has covered PortX for a total of 3 events in the last 1 year, 1 of them has been about partnerships.
Plaid partners with PortXThe PaypersJan 11, 2024Plaid, PortX
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FAQs about PortX

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