About Harbor Payments
Harbor Payments is a Technology company based in Atlanta (United States) founded in 2000, and was acquired by American Express in December 2006. B2B invoice receipt, handling, and payment processing are streamlined. Harbor Payments has raised $40 million across 1 funding round from investors including American Express and Oak Investment Partners. The company was acqui-hired. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Account Payables & Receivables. Its competitors include Melio, Lili and Settle; 3 of its 3 listed competitors have raised funding.
Company details
Harbor Payments Inc. was founded in 2000 and is headquartered in Atlanta, United States. Operations focus on the enterprise payments sector, where invoice, billing, and payments management solutions are provided. Payment Harbor, a web-based platform, is utilized for invoice receipt, handling, presentment, and processing. Billing Harbor supports electronic bill presentment and payment, enabling online bill viewing, payments, recurring scheduling, and billing data access for clients.
- Headquarters Atlanta, United States
- Stage Acquired
- SectorsTechnology
- Website harborpayments.com
- Social LinkedIn
- Acquired by American Express (Dec 2006)
- Total Equity Funding$40M (USD)
in 1 rounds
- Latest Funding Round$40M (USD), Series C
Sep 2005
- InvestorsAmerican Express
& 1 more
- Acquired byAmerican Express
(Dec 2006)
Funding Insights of Harbor Payments
Harbor Payments has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series C round of $40 million completed in September 2005. 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 $40M
- Total Rounds 1
- Last Round Series C — $40M
- First Round $40M
(Sep 2005)
- Investors Count 1
All 1 funding rounds of Harbor Payments with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2005 | $40M | Series C | – | – |
2 investors in total: 2 institutional.
Investors in Harbor Payments
Harbor Payments has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include American Express and Oak Investment Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are made in disruptive growth companies. | oakvc.com | Greenwich, United States | ||
Financial products for individuals and businesses are compared online. | 1850 | americanexpress.com | New York, United States |
Investor details for Harbor Payments
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Harbor Payments
3 dated milestones of Harbor Payments across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Harbor Payments is founded.
- Funding First funding round of $40.0M.
- Exit Acquired by American Express.
Competitors of Harbor Payments
Harbor Payments has 3 listed competitors in our database, 3 of them funded. They include Melio, Lili and Settle.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| melio.tech | 2018 | Santa Clara, United States | $4.25M | Blood-based pathogen detection devices are manufactured for healthcare applications. | ||
| lili.co | 2018 | New York, United States | $80M | Digital banking services are offered to freelancers. | ||
| settle.com | 2019 | San Francisco, United States | $91M | Cloud-based cash flow management is provided for payers and vendors. |
Detailed competitors of Harbor Payments
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Harbor Payments (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Frequently Asked Questions about Harbor Payments
Harbor Payments was founded in 2000 and raised its 1st funding round 5 years after it was founded.
Harbor Payments is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Harbor Payments is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series C of $40M, raised on Sep 2005.
Harbor Payments Inc. was founded in 2000 and is headquartered in Atlanta, United States. Operations focus on the enterprise payments sector, where invoice, billing, and payments management solutions are provided. Payment Harbor, a web-based platform, is utilized for invoice receipt, handling, presentment, and processing. Billing Harbor supports electronic bill presentment and payment, enabling online bill viewing, payments, recurring scheduling, and billing data access for clients.
Harbor Payments has 2 investors. Key investors include American Express, and Oak Investment Partners.
Yes. Harbor Payments was acquired by American Express in December 2006.