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 **********
Key Metrics
Founded Year
2016
Location
Mercer Island, United States
Stage
Series C
Total Funding
$26.6M in 4 rounds
Latest Funding Round
Ranked
4th among 116 active competitors
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:
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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 |
View details of PortX's funding rounds and investors
PortX's founders and board of directors
Founder? Claim ProfilePortX's employee count trend
PortX has 92 employees as of Apr 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, DadeSystems and RoadSync. 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 | DadeSystems 2011, Miami (United States), Acquired | Account receivable payment automation solution. | $11M | 64/100 | |
3rd | RoadSync 2015, Atlanta (United States), Series B | Accounts receivable solutions for businesses | $40M | 64/100 | |
4th | PortX 2016, Mercer Island (United States), Series C | Cloud-based transaction management platform for businesses | $26.6M | 62/100 | |
5th | PayStand 2013, San Francisco (United States), Series C | Payment processing solutions for bitcoin, e-checks and credit cards | $85M | 60/100 | |
6th | PayGround 2010, Gilbert (United States), Series A | Cloud-based invoice payments solutions to businesses | $29.3M | 60/100 | |
7th | Biller Genie 2018, Miami (United States), Series B | Cloud-based invoicing and payment platform for businesses | $32.9M | 60/100 | |
8th | 40Seas 2022, New York City (United States), Seed | Provider of AI-powered platform for automating receivables, collections, and payments | $17M | 59/100 | |
9th | Aiwyn 2020, Charlotte (United States), Series A | Provider of platform for accounting firms offering payments, practice, experience, tax | $127M | 57/100 | |
10th | Onyx CenterSource 1992, Dallas (United States), Acquired | B2B payment and business intelligence solutions for the hospitality industry | - | 55/100 |
Looking for more details on PortX's competitors? Click here to see the top ones
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
Media has covered PortX for a total of 3 events in the last 1 year, 1 of them has been about partnerships.
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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, , 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 Partners With Abrigo to Reduce Lending Inefficiencies for Financial InstitutionsBusiness Wire•Oct 04, 2023•PortX, Abrigo
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