About Bottomline
Bottomline is a company based in Falls Church (United States) founded in 1999 was acquired by Bottomline Technologies in September 2022. It operates as a SaaS (Software-as-a-Service), and Managed Services. Bottomline has raised $28 million across 2 funding rounds from investors including Bottomline Technologies, United States Department of Agriculture and Mainsail Partners. The company has 87 employees as of December 31, 2022. Bottomline offers products and services including AP Automation for Real Estate, Paymode, and Global Cash Management Hub. Bottomline operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
- Headquarter Falls Church, United States
- Employees 87 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bottomline Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28 M (USD)
in 2 rounds
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Latest Funding Round
$28 M (USD), Series B
Oct 12, 2016
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Investors
Bottomline Technologies
& 2 more
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Employee Count
87
as on Dec 31, 2022
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Acquired by
Bottomline Technologies
(Sep 13, 2022)
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Products & Services of Bottomline
Bottomline offers a comprehensive portfolio of products and services, including AP Automation for Real Estate, Paymode, and Global Cash Management Hub. 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.
Invoice-to-payment processes are digitized for real estate businesses.
Secure digital payments are facilitated for B2B transactions.
Cash positions are optimized through connected account solutions.
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Funding Insights of Bottomline
Bottomline has successfully raised a total of $28M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $28 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $28.0M
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First Round
First Round
(19 Dec 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Series B - Bottomline | Valuation | Mainsail Partners |
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| Dec, 2012 | Amount | Grant - Bottomline | Valuation |
investors |
| 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
Bottomline has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Bottomline Technologies, United States Department of Agriculture and Mainsail Partners. 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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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Leadership is provided on agriculture, food, and rural development matters.
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Founded Year | Domain | Location | |
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Cloud-based treasury management and fraud prevention solutions 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
| 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 |
Financial Statements - Bottomline
| 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 Comparisons
Competitors of Bottomline
Bottomline 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 Coupa, Sage Group, Tipalti, Emburse and Airbase, 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 |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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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
Frequently Asked Questions about Bottomline
When was Bottomline founded?
Bottomline was founded in 1999 and raised its 1st funding round 13 years after it was founded.
Where is Bottomline located?
Bottomline is headquartered in Falls Church, United States. It is registered at Falls Church, Virginia, United States.
Is Bottomline a funded company?
Bottomline is a funded company, having raised a total of $28M across 2 funding rounds to date. The company's 1st funding round was a Grant of $664.59K, raised on Dec 19, 2012.
How many employees does Bottomline have?
As of Dec 31, 2022, the latest employee count at Bottomline is 87.
What does Bottomline do?
Global business payments are modernized by Bottomline through connected solutions spanning payments automation, cash management, and connectivity services. Operations are supported for over 800,000 financial institutions and businesses across 92 countries. Key sectors served include real estate, healthcare, manufacturing, and higher education. Solutions like AP Automation for Real Estate and Paymode are provided to digitize invoice-to-payment processes and enable secure B2B transactions. Fraud prevention, compliance, and integration with property management systems are emphasized to streamline operations and enhance efficiency.
Who are the top competitors of Bottomline?
Bottomline's top competitors include Coupa, Sage Group and Airbase.
What products or services does Bottomline offer?
Bottomline offers AP Automation for Real Estate, Paymode, and Global Cash Management Hub.
Who are Bottomline's investors?
Bottomline has 3 investors. Key investors include Bottomline Technologies, United States Department of Agriculture, and Mainsail Partners.
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