Great company, focused on a big problem!
BilltrustBilltrust, the leader in Payment Cycle Management, has raised $25 million in new funding, led by Goldman Sachs Private Capital Investing and existing investor Bain Capital Ventures. The funding will enable Billtrust to continue its aggressive growth strategy and to pursue additional acquisitions. “We took time to find the right investment partners who can help our team grow strategically and deliver against our business goals. Both Goldman Sachs and Bain Capital Ventures share our vision to transform B2B invoicing and payments,” said Flint Lane, CEO and Founder of Billtrust. Billtrust works with thousands of businesses to streamline their invoice-to-cash processes. The company is committed to helping drive the highest rates of electronic adoption in the industry, reducing costs, and improving customer satisfaction and key payment metrics such as days sales outstanding (“DSO”).