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 123 active competitors, including 25 funded and 12 that have exited. Its top competitors include companies like Billtrust, HighRadius and DadeSystems.
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 **********
Key Metrics
Founded Year
2016
Location
Mercer Island, United States
Stage
Series C
Total Funding
$26.6M in 4 rounds
Latest Funding Round
Ranked
5th among 123 active competitors
Employee Count
97 as on Aug 31, 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 12 institutional investors.
Here is the list of recent funding rounds of PortX:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 21, 2025 | 5519663 | Series C | 1594959 | 3937093 | 4716439 | 6083130 |
Sep 28, 2023 | 2660067 | Series B | 5874809 | 6570670 | 9251545 | |
Sep 13, 2022 | 1830593 | Series A | 9490096 | 7808176 |
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PortX's founders and board of directors
Founder? Claim ProfilePortX's employee count trend
PortX has 97 employees as of Aug 26. Here is PortX's employee count trend over the years:
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PortX's Competitors and alternates
Top competitors of PortX include Billtrust, HighRadius and DadeSystems. Here is the list of Top 10 competitors of PortX, ranked by Tracxn score:
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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 | 69/100 | |
2nd | HighRadius 2006, Houston (United States), Series C | Provider of AI-powered platform for automating finance processes and improving outcomes | $484M | 69/100 | |
3rd | DadeSystems 2011, Miami (United States), Acquired | Account receivable payment automation solution. | $11M | 68/100 | |
4th |  Balance 2020, San Francisco (United States), Series B | Provider of financial infrastructure for business to business trade transactions | $87M | 64/100 | |
5th | PortX 2016, Mercer Island (United States), Series C | Cloud-based transaction management platform for businesses | $26.6M | 62/100 | |
6th |  Ordway Labs 2018, Washington, DC (United States), Series B | Invoicing and payment solution | $12.5M | 61/100 | |
7th | PayStand 2013, San Francisco (United States), Series C | Payment processing solutions for bitcoin, e-checks and credit cards | $85M | 60/100 | |
8th | _1524470201855.png?devicePixelRatio=2&height=30&width=30){kind=logo} RoadSync 2015, Atlanta (United States), Series B | Accounts receivable solutions for businesses | $40M | 60/100 | |
9th | Biller Genie 2018, Miami (United States), Series B | Cloud-based invoicing and payment platform for businesses | $32.9M | 60/100 | |
10th |  Aiwyn 2020, Charlotte (United States), Series A | Provider of platform for accounting firms offering payments, practice, experience, tax | $127M | 57/100 |
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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
Filter this listMedia has covered PortX for a total of 4 events in the last 1 year, 2 of them have been about partnerships.
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FlexTrade and Portx partner to enhance FlexONE OEMSThe TRADE•Jul 13, 2026•FlexTrade, PortX, PORTX, EDX
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PortX Closes Strategic Growth Round Backed by Allied Solutions and the American Bankers Associationintelligence360•Nov 10, 2025•Btechconsortium, Allied Solutions, BankTech Ventures, Curql and 2 others
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PortX Closes Strategic Growth FundingFinSMEs•Oct 21, 2025•Allied Solutions, BankTech Ventures, Curql, American Bankers Association and 1 other
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PortX Partners With Bud Financial to Accelerate Data Enrichment for Financial InstitutionsBusiness Wire•Sep 29, 2025•Bud, PortX
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Banking Fintech News PortX Now Available Through AWS Marketplace for Bank and Credit Union IntegrationGlobal Fintech Series•Mar 18, 2025•PortX
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Fiserv AppMarket Expands with PortX's New Fintech Integration SolutionFinance Magnates•Sep 04, 2024•PortX, fiservapps.com, Fiserv
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PortX and eXate Elevate Financial Data Security and Compliance with Strategic PartnershipBusiness Wire•Apr 03, 2024•eXate, PortX
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PortX and Hummingbird Partner to Streamline Compliance and Regulatory Technology for Financial InstitutionsBusiness Wire•Feb 06, 2024•Hummingbird, PortX
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