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The billing sector is full of companies focused on automating financial processes.
The list includes heavily funded companies like Clara, which raised $492M for spend management, and Cedar, with $419.4M for patient payments. It also features recent entrants founded in 2023, such as Alguna and Vayu.
Below is our list of 37 Billing startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
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Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
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Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50BillingPlatform created a cloud-based platform that gives businesses the tools to automate their billing and revenue management. Their system is built to handle sophisticated billing scenarios, helping companies streamline their financial operations.
Cedar provides a comprehensive platform for hospitals and health systems to manage patient payments and engagement. Their tools are designed to simplify the financial experience for patients and improve communication with their healthcare providers.
Clara provides businesses with an end-to-end platform to manage all corporate spending. Their solution integrates corporate credit cards, payment processing, and expense management tools into a single system.
Alguna builds a modern platform that unifies pricing, quoting, and billing for B2B companies. The software is designed to help businesses automate complex sales cycles and manage recurring revenue more effectively.
Vayu builds a finance-native platform that automates complex pricing and billing for modern businesses. Their software helps companies implement flexible revenue models without the typical engineering overhead.
ASAAS provides an all-in-one financial platform for Brazilian businesses to automate their payment and billing processes. Their digital account simplifies how companies issue invoices, manage customer payments, and streamline financial operations.
Zenoti builds an all-in-one cloud software platform for the beauty and wellness industry. Their technology helps spas and salons manage everything from online booking and payments to marketing and customer relationships.
Anchor built a platform to automate the entire B2B billing process, from agreements and invoicing to payments and reconciliation. Their software helps service providers streamline collections and manage their accounts receivable.
PushPress develops an all-in-one software platform to help boutique fitness studios manage and grow their business. Their system simplifies core tasks for gym owners, including class scheduling, member management, and payment processing.
Recurly builds a subscription management and billing platform that helps thousands of brands automate their recurring revenue. Major companies like Sling TV and BarkBox use their software to reduce subscriber churn and manage complex billing cycles.
The top 10 are just a small slice of the action in the billing space. Founders everywhere are launching new products and finding their footing.
Together, the companies below have raised more than $3 billion, with a heavy focus on fintech. Here’s a look at the rest of the startups to keep an eye on.
| Startup | Main Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| AI | 2021 | $48.8M | Series B | |
| Fintech | 2019 | $99.8M | Series C | |
| Fintech | 2009 | $63.6M | Private Equity | |
| Fintech | 2019 | $128M | Series C | |
| Fintech | 2017 | $251.5M | Debt Financing | |
| Fintech | 2020 | $9.6M | Seed | |
| Fintech | 2013 | $85.1M | Private Equity | |
| Fintech | 2007 | $90.9M | Undisclosed | |
| Fintech | 2023 | $28M | Series A | |
| Fintech | 2014 | $45.3M | Series B | |
| AI | 2023 | $3M | Seed | |
| Fintech | 2015 | $145.7M | Series D | |
| Enterprise | 2020 | $31.5M | Series A | |
| Fintech | 2006 | $463.1M | Private Equity | |
| AI | 2019 | $1.9B | Series E | |
| Fintech | 2014 | $49.4M | Series B | |
| Fintech | 2010 | $177.3M | Venture Round | |
| Fintech | 2019 | $44M | Series B | |
| Fintech | 2020 | €6.2M | Seed | |
| Fintech | 2002 | $271.1M | Private Equity | |
| Fintech | 2021 | $80M | Private Equity | |
| Fintech | 2020 | $5.4M | Seed | |
| Fintech | 2013 | €4.5M | Venture Round | |
| Fintech | 2017 | $6.5M | Venture Round | |
| Fintech | 2010 | €13.5M | Series B | |
| Fintech | 1970 | — | — | |
| Enterprise | 2023 | — | Pre-Seed |
