Nvoicepay provides a cloud-based payment automation solution that enables enterprises to recapture resources by automating accounts-payable workflows. Its workflow integrates with every accounting system and all banking partners. The company serves thousands of corporate customers. Founded in 2009 by CEO Karla Friede, Nvoicepay is based in Portland, OR. The product is positioned to reduce manual payment work and improve operational efficiency for large organizations. The company intends to use new funding to continue driving innovation and expand operations. Nvoicepay delivers cloud-based products and vendor payment services that automate accounts payable and enable customers to pay invoices electronically. The company raised $6m in funding in a round led by Mosaik Partners with participation from Silicon Valley Bank and existing investors. Nvoicepay intends to use the funds to focus on channel expansion. Led by CEO Karla Friede, the Portland, Ore.-based provider serves thousands of customers. Those customers pay hundreds of thousands of suppliers across multiple industries. NVoicePay provides a cloud-based electronic payment solution that enables mid-market businesses to pay invoices electronically via an integrated suite of options including credit cards, ACH, and electronic print check. Customers include banks, automotive dealerships, manufacturers, distributors, restaurants, governments and nonprofit entities. Founded in 2009 by CEO Karla Friede, the company is based in Beaverton, OR. NVoicePay received an investment from The Women’s Venture Capital Fund to support its growth. It intends to use the funds to penetrate new vertical markets in conjunction with strategic and channel partners. The company is hiring (contact: jobs@nvoicepay.com).

Total raised

$16M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2016