Netsend

London, United Kingdom Founded: 1994 • Age: 32 yrs Acquired By Corcentric
Cloud-based e-invoicing and document delivery solutions are offered to businesses.
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About Netsend

Netsend is a company based in London (United Kingdom) founded in 1994 was acquired by Corcentric in February 2019.. The company has 19 employees as of January 31, 2022. Netsend operates in a competitive market with competitors including Billtrust, SumUp, PaySimple, Paymentus and Vyapar, among others.

  • Headquarter London, United Kingdom
  • Employees 19 as on 31 Jan, 2022
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Corcentric Limited
  • Date of Incorporation 26 Jul, 1999
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    19

    as on Jan 31, 2022

  • Acquired by
    Corcentric

    (Feb 12, 2019)

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Funding Insights of Netsend

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Netsend

Netsend has secured backing from 1 investor. Prominent investors backing the company include Corcentric. 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.

All
Investor Description Founded Year Domain Location
Cloud-based procurement automation solutions are delivered to businesses worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Netsend

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Netsend

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Netsend Comparisons

Employees
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Competitors of Netsend

Netsend 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 Billtrust, SumUp, PaySimple, Paymentus and Vyapar, 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
Invoice and payment management solutions are offered for small businesses.
domain founded_year HQ Location
Provider of mPOS solution and card reader for offline retailers
domain founded_year HQ Location
Online payment and invoicing solutions are offered to small businesses.
domain founded_year HQ Location
Comprehensive billing and payment solution provider
domain founded_year HQ Location
Cloud-based invoicing and inventory tools for small businesses are provided.
domain founded_year HQ Location
An app-based invoicing solution is provided for small businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Netsend

Frequently Asked Questions about Netsend

When was Netsend founded?

Netsend was founded in 1994.

Where is Netsend located?

Netsend is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Netsend have?

As of Jan 31, 2022, the latest employee count at Netsend is 19.

What does Netsend do?

Netsend is a provider of cloud-based e-invoicing, document digitization and delivery solutions for businesses. Netsend was started in 1994 as a fax broadcast service and in 2005 the company launched the digitization solution. The solution works by importing accounting data of a business, creating digital documents using the data, and organizing the documents based on the preferred transmission channel (email, EDI, fax, post, FTP etc). Users can then access their Netsense portal, where they can view all the documents, manage the delivery workflow, and send invoices. The portal also provides reporting and performance metrics, audit trail, document analytics and payment tools. The company also offers a transition service to businesses, that claims to be able to convert 80 of clients paper-based documents to electronic formats within 12 months. As of November 2016, Netsense has been used by 1,000s of businesses in over 52 countries, and the solution supports multiple languages.

Who are the top competitors of Netsend?

Netsend's top competitors include SumUp, Paymentus and Billtrust.

Who are Netsend's investors?

Netsend has 1 investor. Key investors include Corcentric.

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