About Bottomline Technologies
Bottomline Technologies is a company based in Portsmouth (United States) founded in 1989 was acquired by Sedgwick in February 2025.. The company has 1,248 employees as of December 31, 2022. Bottomline Technologies has completed 10 acquisitions, including Andera, Bora Payment Systems and Bottomline. Bottomline Technologies offers products and services including Paymode, AP Automation, Payments Hub, and Connectivity Services. Bottomline Technologies operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Entrust, IoTeX and Riskified, among others.
- Headquarter Portsmouth, United States
- Employees 1248 as on 31 Dec, 2022
- Stage Public
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Sectors
Industrial Goods & ManufacturingRetail Financial Services Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Bottomline Technologies, Inc.
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Annual Revenue
$421.96 M7as on Jun 30, 2019
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Net Profit
$9.43 M1as on Jun 30, 2019
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EBITDA
$3.08 M-47as on Jun 30, 2019
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Latest Funding Round
$166.12 M (USD), Post-IPO
Dec 01, 2012
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Investors
Sedgwick
& 1 more
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Employee Count
1248
as on Dec 31, 2022
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Investments & Acquisitions
Andera
& 9 more
- Acquired by
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Products & Services of Bottomline Technologies
Bottomline Technologies offers a comprehensive portfolio of products and services, including Paymode, AP Automation, Payments Hub, and Connectivity Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure platform for digital payments and vendor management
Automates invoice-to-payment processes to reduce fraud and costs
Centralizes payment creation and submission for businesses
Enables secure global financial transactions and compliance
Funding Insights of Bottomline Technologies
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $166.1M
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First Round
First Round
(01 Dec 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2012 | Amount | Post-IPO - Bottomline Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bottomline Technologies
Bottomline Technologies has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Sedgwick and Thoma Bravo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Software and technology-enabled services companies are targeted for investment.
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Founded Year | Domain | Location | |
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Claims administration, loss adjusting, and benefits management services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bottomline Technologies
Bottomline Technologies has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Andera, Bora Payment Systems and Bottomline. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online payment processing solutions are provided for businesses.
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2019 | ||||
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Cloud-based treasury management is provided for small businesses.
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2015 | ||||
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UK domain name sales and transfers are facilitated securely.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bottomline Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bottomline Technologies Comparisons
Competitors of Bottomline Technologies
Bottomline Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quantexa, ComplyAdvantage, Entrust, IoTeX and Riskified, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based anti-money laundering solutions are provided for compliance.
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| domain | founded_year | HQ Location |
Provider of digital identity management solutions
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| domain | founded_year | HQ Location |
Blockchain-based connectivity for IoT applications is facilitated.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bottomline Technologies
Frequently Asked Questions about Bottomline Technologies
When was Bottomline Technologies founded?
Bottomline Technologies was founded in 1989 and raised its 1st funding round 23 years after it was founded.
Where is Bottomline Technologies located?
Bottomline Technologies is headquartered in Portsmouth, United States. It is registered at Portsmouth, Virginia, United States.
How many employees does Bottomline Technologies have?
As of Dec 31, 2022, the latest employee count at Bottomline Technologies is 1,248.
What is the annual revenue of Bottomline Technologies?
Annual revenue of Bottomline Technologies is $421.96M as on Jun 30, 2019.
What does Bottomline Technologies do?
Bottomline Technologies was founded in 1989 and is headquartered in Portsmouth, United States, within the financial technology sector. Cloud-based platforms for treasury management and fraud prevention are developed and maintained. Core services encompass expenditure management, accounts payable automation, detection of financial crimes, global payment processing, and related functions. A secure messaging network is utilized by corporations for sharing payment instructions, cash reports, and other financial data across operations.
Who are the top competitors of Bottomline Technologies?
Bottomline Technologies's top competitors include ComplyAdvantage, IoTeX and Riskified.
What products or services does Bottomline Technologies offer?
Bottomline Technologies offers Paymode, AP Automation, Payments Hub, and Connectivity Services.
How many acquisitions has Bottomline Technologies made?
Bottomline Technologies has made 10 acquisitions, including Andera, Bora Payment Systems, and Bottomline.
Who are Bottomline Technologies's investors?
Bottomline Technologies has 2 investors. Key investors include Sedgwick, and Thoma Bravo.
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