About Routable
Routable is a company based in San Francisco (United States) founded in 2016 by Tom Harel and Omri Mor.. Routable has raised $47.68 million across 6 funding rounds from investors including Flexport, Y Combinator and Jason Gardner. Routable offers products and services including AP Automation, Payments, and Vendor Management. Routable operates in a competitive market with competitors including Bill.com, Melio, Lili, Settle and Esker, among others.
- Headquarter San Francisco, United States
- Founders Tom Harel, Omri Mor
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Routable 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
$47.68 M (USD)
in 6 rounds
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Latest Funding Round
$30 M (USD), Series B
Apr 15, 2021
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Investors
Flexport
& 18 more
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Employee Count
Employee Count
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Products & Services of Routable
Routable offers a comprehensive portfolio of products and services, including AP Automation, Payments, and Vendor Management. 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.
Automates invoice processing and payment workflows for businesses
Enables mass and international payments securely
Handles vendor onboarding and tax compliance
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Funding Insights of Routable
Routable has successfully raised a total of $47.68M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in April 2021. 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 6
- Last Round Series B — $30.0M
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First Round
First Round
(25 May 2017)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series B - Routable | Valuation | Sam Altman , Jack Altman | |
| Aug, 2020 | Amount | Series A - Routable | Valuation | Y Combinator , Founders' Co-op | |
| Jun, 2019 | Amount | Series A - Routable | Valuation |
investors |
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| 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 Routable
Routable has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Flexport, Y Combinator and Jason Gardner. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Seed and early-stage tech investments are made in the US.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage investment in multiple sectors
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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 Routable
| 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 - Routable
| 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 |
Routable Comparisons
Competitors of Routable
Routable 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 Bill.com, Melio, Lili, Settle and Esker, 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 accounts payable and receivable software for businesses
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| domain | founded_year | HQ Location |
Blood-based pathogen detection devices are manufactured for healthcare applications.
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| domain | founded_year | HQ Location |
Digital banking services are offered to freelancers.
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| domain | founded_year | HQ Location |
Cloud-based cash flow management is provided for payers and vendors.
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| domain | founded_year | HQ Location |
AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
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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 Routable
Frequently Asked Questions about Routable
When was Routable founded?
Routable was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Routable located?
Routable is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Routable?
Omri Mor is the current CEO of Routable. They have also founded this company.
Is Routable a funded company?
Routable is a funded company, having raised a total of $47.68M across 6 funding rounds to date. The company's 1st funding round was a Series A of $4.05M, raised on May 25, 2017.
What does Routable do?
Routable was founded in 2016 in San Francisco, United States, focusing on fintech solutions for accounting automation. Software for online invoicing and payments is delivered to streamline business operations. Accounts payable processes, including data entry, vendor management, accounting, and compliance, are automated. Accounts receivable functions, such as invoicing, payment reminders, and collections, are supported. Integrations with Xero and QuickBooks are facilitated for reconciliation purposes.
Who are the top competitors of Routable?
What products or services does Routable offer?
Routable offers AP Automation, Payments, and Vendor Management.
Who are Routable's investors?
Routable has 19 investors. Key investors include Flexport, Y Combinator, Jason Gardner, Gokul Rajaram, and Aaron Schildkrout.
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