Where is SOFTRAX located?

SOFTRAX is headquartered in Boise, United States.

How many employees does SOFTRAX have?

As of Aug 31, 2026, the latest employee count at SOFTRAX is 77.

Is SOFTRAX a funded company?

SOFTRAX is a funded company, having raised a total of $16.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round.

When was the latest funding round of SOFTRAX?

SOFTRAX's latest funding was a $***** Series B round on Jun 27, 2000, with participation from 6 investors.

Where does SOFTRAX rank among its competitors?

SOFTRAX ranks 9th amongst 657 active competitors, of which 46 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Fazeshift, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of SOFTRAX?

SOFTRAX's top competitors include Bill, Zuora and Melio. Among them, Fazeshift secured the most recent funding round in August, 2026.

SOFTRAX - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cloud-based system automating billing and revenue recognition processes. It handles complex billing models, contract renewals, and revenue recognition standards compliance. It integrates with existing systems, automating order and fulfillment data flow. It supports various billing scenarios and provides analytics for revenue data and contract history. It achieves a high level of automation that allows continuous accounting, easy deployment of complex billing models, and compliance with ASC 606 and IFRS 15. It integrates with existing CRM, CPQ, home-grown, or other systems, automating the flow of order and fulfillment data and associated data points to trigger billing and revenue recognition. It simultaneously accounts for exchange rate, tax, and payment data to ensure operational efficiencies and accurate and timely processing. Your team can make informed and data-driven decisions for revenue growth and revenue strategy.

Website: softrax.com
Social
Email ID: *****@softrax.com
Phone Number: +1 **********

Key Metrics

Founded Year

1999

Location

Boise, United States

Stage

Acquired

Total Funding

$16.5M in 2 rounds

Latest Funding Round

Series B, Jun 27, 2000, $*****

Investors

Allegra Partners & 6 more

Ranked

9^th among 657 active competitors

Employee Count

77 as on Aug 31, 2026

Investment & Acquisitions

BluLogix

Similar Companies

Bill & 758 more

Exit Details

Acquired by TELEO Capital (Feb 28, 2025)

View SOFTRAX's full profile

SOFTRAX got acquired by TELEO Capital on Feb 28, 2025.

Click here to take a look at SOFTRAX's acquisition in detail

SOFTRAX has raised a total funding of $16.5M over 2 rounds. Its latest funding round was a Series B round on Jun 27, 2000 for $*****. 6 investors participated in its latest round. SOFTRAX has 7 institutional investors.

Here is the list of recent funding rounds of SOFTRAX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 27, 2000	9483853	Series B	4749865	1914037	1265973	5474807

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View details of SOFTRAX's funding rounds and investors

SOFTRAX's employee count trend

SOFTRAX has 77 employees as of Aug 26. Here is SOFTRAX's employee count trend over the years:

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Top competitors of SOFTRAX include Bill, Zuora and Melio. Here is the list of Top 10 competitors of SOFTRAX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bill 2006, San Jose (United States), Public	Provider of accounts payable, accounts receivable, and spend management solutions	$326M	August Capital, Icon Ventures & 28 others	81/100
2nd	Zuora 2007, Redwood City (United States), Acquired	Cloud-based invoice and subscription management solutions for businesses	$243M	Northgate Capital, Tenaya Capital & 28 others	77/100
3rd	Melio 2018, New York City (United States), Acquired	Provider of accounts payable and receivable solutions for businesses	$654M	Coatue, Thrive Capital & 25 others	75/100
4th	Paymentus 2004, Atlanta (United States), Public	Provider of a platform for intelligent billing and payment solutions	$23.6M	Accel-KKR, HTIF & 2 others	73/100
5th	HighRadius 2006, Houston (United States), Series C	Provider of AI-powered platform for automating finance processes and improving outcomes	$484M	Susquehanna Growth Equity, Tiger Global Management ... & 9 others	69/100
6th	Fazeshift 2023, San Francisco (United States), Series A	Provider of AI-driven solution automating accounts receivable workflows and cash application	$22M	F-Prime Capital, Gradient Ventures & 10 others	62/100
7th	Viewpost 2011, Maitland (United States), Series C	Online payment solutions for businesses	$129M	Cresset Partners, Western Technology Investment ... & 3 others	62/100
8th	Monite 2020, Berlin (Germany), Acquired	Developer of API platform providing automated invoicing and bill payment solutions	$22.8M	Valar Ventures, Third Prime & 24 others	58/100
9th	SOFTRAX 1999, Boise (United States), Acquired	Cloud-based system automating billing and revenue recognition processes	$16.5M	Allegra Partners, Egan-Managed Capital & 5 others	57/100
10th	Yaydoo 2015, Geneva (Switzerland), Acquired	Payment and business management platform for businesses	$21.5M	Alchemist Accelerator, Monashees & 11 others	57/100