About Notch
Notch is a company based in Toronto (Canada) founded in 2015 by Diego Domínguez Ferrera and Jordan Huck. It operates as a SaaS (Software-as-a-Service). Notch has raised $32.6 million across 3 funding rounds from investors including Portage, BDC and The Yield Lab. Notch offers products and services including Customer Payment Portal, Payment Collection, Payment Reconciliation, Invoice Management, and Payment Processing. Notch operates in a competitive market with competitors including Qonto, Melio, Lili, Settle and Baiwang, among others.
- Headquarter Toronto, Canada
- Founders Diego Domínguez Ferrera, Jordan Huck
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$32.6 M (USD)
in 3 rounds
-
Latest Funding Round
$10 M (USD), Series A
Jan 19, 2023
-
Investors
Portage
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Notch
Notch offers a comprehensive portfolio of products and services, including Customer Payment Portal, Payment Collection, Payment Reconciliation, Invoice Management, and Payment Processing. 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.
A portal for seamless customer payment experiences provided.
Payment collection is accelerated through automated processes efficiently.
Transactions are synced accurately in real-time for reconciliation.
Invoice processes are automated from creation to tracking.
Payments are processed securely and efficiently every time.
Invoices are scanned and digitized to eliminate errors.
Funding Insights of Notch
Notch has successfully raised a total of $32.6M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in January 2023. 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 3
- Last Round Series A — $10.0M
-
First Round
First Round
(24 Apr 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - Notch | Valuation | Portage | |
| Jul, 2021 | Amount | Series A - Notch | Valuation | BDC , The Yield Lab | |
| Apr, 2018 | Amount | Series A - Notch | Valuation | Accomplice , Precursor Ventures |
|
| 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 Notch
Notch has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Portage, BDC and The Yield Lab. 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 |
|---|---|---|---|---|
|
A global fintech and financial services investment platform is operated.
|
Founded Year | Domain | Location | |
|
Seed-stage investments are directed toward North American startups.
|
Founded Year | Domain | Location | |
|
Early-stage tech startups are invested in across US and Canada.
|
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 Notch
| 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 - Notch
| 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 |
Notch Comparisons
Competitors of Notch
Notch 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 Qonto, Melio, Lili, Settle and Baiwang, 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 |
Subscription-based online banking is offered to SMEs and freelancers.
|
|
| domain | founded_year | HQ Location |
Blood-based pathogen detection devices are manufactured for healthcare applications.
|
|
| domain | founded_year | HQ Location |
Digital banking services are offered to freelancers.
|
|
| domain | founded_year | HQ Location |
Cloud-based cash flow management is provided for payers and vendors.
|
|
| domain | founded_year | HQ Location |
Electronic invoicing and invoice management services are provided to businesses.
|
|
| domain | founded_year | HQ Location |
Online invoicing and payment software is provided for 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 Notch
Frequently Asked Questions about Notch
When was Notch founded?
Notch was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Notch located?
Notch is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Notch?
Jordan Huck is the current CEO of Notch. They have also founded this company.
Is Notch a funded company?
Notch is a funded company, having raised a total of $32.6M across 3 funding rounds to date. The company's 1st funding round was a Series A of $12.6M, raised on Apr 24, 2018.
What does Notch do?
Notch is focused on delivering accounts receivable automation software to businesses of all sizes. Solutions are offered for invoice management, payment collection, and reconciliation, primarily targeting small-to-medium business owners, finance leaders, and teams. The platform is designed to reduce manual effort, improve cash flow, and enhance customer payment experiences through seamless integration with accounting and ERP systems. Industries such as breweries, wineries, and butchers are served with tailored automation tools.
What products or services does Notch offer?
Notch offers Customer Payment Portal, Payment Collection, Payment Reconciliation, Invoice Management, and 2 more products and services.
Who are Notch's investors?
Notch has 9 investors. Key investors include Portage, BDC, The Yield Lab, Golden Ventures, and MATH Venture Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.