About MetraTech
MetraTech is a company based in Waltham (United States) founded in 1998 was acquired by Ericsson in July 2014. MetraTech has raised $38.24 million across 2 funding rounds from investors including Ericsson, Accel and Meritech Capital. MetraTech operates in a competitive market with competitors including Model N, HighRadius, Nomba, Apttus and Xifin, among others.
- Headquarter Waltham, United States
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website metratech.com
- Social LinkedIn X YouTube
- Acquired by Ericsson (Jul 2014)
- Legal Name Metratech Corp.
Apps and channels of MetraTech
its YouTube channel Nhà Cái 8Xbet Việt Nam has 0026 subscribers.
Funding Insights of MetraTech
MetraTech has successfully raised a total of $38.24M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30.74 million completed in September 2012. 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 $38.24M
- Total Rounds 2
- Last Round Series A β $30.74M
- First Round $7.5M
(Nov 2004)
- Investors Count 3
All 2 funding rounds of MetraTech 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 2012 | $30.74M | Series A | β | β | |
| Nov 2004 | $7.5M | Unspecified | β | Meritech |
4 investors in total: 4 institutional.
Investors in MetraTech
MetraTech has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ericsson, Accel and Meritech Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Private equity investments are directed toward US-based companies. | – | meritechcapital.com | Palo Alto, United States | |
- | – | vesbridge.com | - | |
Telecom equipment and software solutions are provided for networks. | 1876 | ericsson.com | Stockholm, Sweden |
Investor details for MetraTech
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 MetraTech
4 dated milestones of MetraTech across 16 years, from founding to its latest funding, stage changes and deals.
- Founded MetraTech is founded.
- Funding First funding round of $7.5M.
- Funding Latest funding round, Series A, of $30.7M.
- Exit Acquired by Ericsson.
Competitors of MetraTech
MetraTech 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 Model N, HighRadius, Nomba, Apttus and Xifin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| modeln.com | 1999 | San Mateo, United States | $37M | 544 | Cloud-based revenue management solution for life sciences and hi-tech companies | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| nomba.com | 2016 | Lagos, Nigeria | $37.71M | – | App-based payment solutions are offered for small and medium businesses. | |
| apttus.com | 2006 | San Mateo, United States | $474.25M | 680 | Quote-to-cash solutions for businesses | |
| xifin.com | 1997 | San Diego, United States | $6M | 861 | Cloud-based billing & revenue cycle management solutions for diagnostic service providers | |
| parasut.com | 2013 | Istanbul, Turkey | $3.99M | – | Cloud-based invoice management and collection solutions for small & medium businesses | |
| getcacheflow.com | 2021 | Los Altos, United States | $16M | – | Cloud-based quote-to-cash solutions are offered for invoice management. | |
| cerillion.com | 1999 | London, United Kingdom | $9M | 252 | Cloud-based billing and customer management solutions are provided for businesses. | |
| trovata.io | 2016 | San Diego, United States | $56.83M | 104 | Cash flow analysis is automated for businesses using open banking. | |
| klarity.in | 2017 | Mumbai, India | – | – | Career guidance and resume writing services are provided by Klarity. |
Detailed competitors of MetraTech
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.
Web traffic of MetraTech
Websites that share an audience with MetraTech (metratech.com).
Websites whose visitors overlap most with MetraTech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| psss.com | 100% | 680.7K | #9,028,233 | View details | |
gestix.com | gestix.com | 95% | – | #1,293,328 | β |
| rydersystems.com | 92% | – | – | View details | |
| probill.com | 84% | – | #6,043,155 | View details | |
mbs.microsoft.com | mbs.microsoft.com | 83% | – | – | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 9 similar websites and full traffic analytics for MetraTech
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to MetraTech
10 companies that operate in the same segment as MetraTech (Finance & Accounting Applications), 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 | 2,360 | |
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 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about MetraTech
MetraTech was founded in 1998 and raised its 1st funding round 6 years after it was founded.
MetraTech is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
MetraTech is a funded company, having raised a total of $38.24M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $7.5M, raised on Nov 2004.
Founded in 1998 and based in Waltham, United States, MetraTech operates in the billing software sector. Solutions are delivered through two platforms: MetraNet, a metadata-driven system for charging, pricing, billing, settlement, and customer care; and Metanga, a cloud-based, multi-tenant application for order-to-cash processes. Robust APIs support integrations. Focus areas include cloud and subscriptions, communications, media, financial services, utilities, software, and transportation markets.
MetraTech's top competitors include Model N, Nomba and HighRadius.
MetraTech has 4 investors. Key investors include Ericsson, Accel, Meritech Capital, and Vesbridge Partners.
MetraTech operates through Metratech Corp..
Yes. MetraTech was acquired by Ericsson in July 2014.