Solutions by Text - About the company
Solutions by Text is a series D company based in Dallas (United States), founded in 2004 by Danny Cantrell. It operates as a Text API for payments via text messages. Solutions by Text has raised $145M in funding from Edison Partners. The company has 1412 active competitors, including 127 funded and 159 that have exited. Its top competitors include companies like PayPal, Stripe and PayU.
Company Details
Solutions for text offers text API for payments via text messages. Provides billing reminders, payments, collections, and marketing text solutions for businesses. Allows users to send mass automated text messages.
- Website
- solutionsbytext.com
- Email ID
- *****@solutionsbytext.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2004
Location
Dallas, United States
Stage
Series D
Total Funding
$145M in 3 rounds
Latest Funding Round
Investors
Ranked
66th among 1412 active competitors
Employee Count
51 - 200 as on Jul 16, 2025
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Solutions by Text's funding and investors
Solutions by Text has raised a total funding of $145M over 3 rounds. Its first funding round was on Nov 30, 2021. Its latest funding round was a Conventional Debt round on May 29, 2024 for $*****. 1 investor participated in its latest round. Solutions by Text has 3 institutional investors.
Here is the list of recent funding rounds of Solutions by Text:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 29, 2024 | 1803881 | Conventional Debt | 1889020 | 7895044 | 3289850 | 4801527 |
May 29, 2024 | 6140821 | Series D | 8368708 | 3245492 | 5196090 | |
Nov 30, 2021 | 4991577 | Series C | 6084563 | 1579991 |
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Solutions by Text's founders and board of directors
Founder? Claim ProfileThe founders of Solutions by Text is Danny Cantrell.
Here are the details of Solutions by Text's key team members:
- Danny Cantrell: Founder of Solutions by Text. Contact Info: 1 email address
View details of Solutions by Text's Founder profiles and Board Members
Solutions by Text's employee count trend
Solutions by Text has 51 - 200 employees as of Jul 25. Here is Solutions by Text's employee count trend over the years:
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Solutions by Text's Competitors and alternates
Top competitors of Solutions by Text include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Solutions by Text, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 88/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 87/100 | |
3rd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of payment solutions and credit products for online merchants | $35.1M | 84/100 | |
4th |  Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 80/100 | |
6th |  Corpay 2000, Atlanta (United States), Public | Provider of payment automation and expense management software solutions | $175M | 77/100 | |
7th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 76/100 | |
8th | Modern Treasury 2018, San Francisco (United States), Series C | Provider of APIs to automate and manage money movement and ledgering | $183M | 74/100 | |
9th | Checkout 2012, London (United Kingdom), Series D | Provider of payment processing and global money movement solutions | $1.83B | 74/100 | |
10th | Provider of payment solutions, risk management, and banking and issuing services | $322M | 72/100 | ||
66th | Solutions by Text 2004, Dallas (United States), Series D | Text API for payments via text messages | $145M | 54/100 |
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Solutions by Text's Investments and acquisitions
Solutions by Text has made no investments or acquisitions yet.
Reports related to Solutions by Text
Here is the latest report on Solutions by Text's sector:
News related to Solutions by Text
Filter this listMedia has covered Solutions by Text for a total of 5 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
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Solutions by Text Integrates FinText into Salesforce Marketing CloudDestinationcrm•Mar 31, 2026•Solutions by Text, Salesforce
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Solutions by Text Acquires Triple Play Pay to Expand FinText™ Payment CapabilitiesGlobal Fintech Series•Jan 07, 2026•Solutions by Text, , ACA International
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Solutions by Text Launches First Live RCS Financial Services CustomerGlobal Fintech Series•Nov 10, 2025•Solutions by Text
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BlytzPay Appoints Matt Marderness as SVP of Partnerships and AlliancesMarTech Series•Aug 06, 2025•BlytzPay, Solutions by Text
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Payments Leaders Join Solutions By Text Board of Directors Amidst Growth MomentumFintech Finance•Nov 20, 2024•Solutions by Text, RevSpring
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Solutions by Text Raises $110M in Growth FundingFinSMEs•May 30, 2024•Solutions by Text, StepStone Group, Edison Partners, Stifel
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Edison Partners and StepStone Lead $110 Million Investment in Technology Company Solutions by TextThe Wall Street Journal•May 29, 2024•Edison Partners, Solutions by Text, StepStone Group, Stifel
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