About Solutions by Text
Solutions by Text is a company based in Dallas (United States) founded in 2004 by Danny Cantrell. Solutions by Text has raised $145 million across 3 funding rounds from investors including Stifel, StepStone Group and Edison Partners. The company has 30 employees as of April 02, 2024. Solutions by Text offers products and services including FinText Platform, Compliance Messaging, and Payments Solutions. Solutions by Text operates in a competitive market with competitors including Stripe, Square, PayPal, Flutterwave and PayU, among others.
- Headquarter Dallas, United States
- Employees 30 as on 02 Apr, 2024
- Founders Danny Cantrell
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Sectors
Financial 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 Sbtsms Private Limited
- Date of Incorporation 29 Nov, 2017
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$1.96 M (USD)10.83as on Mar 31, 2023
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Net Profit
$182.77 K (USD)13.7as on Mar 31, 2023
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EBITDA
$377.9 K (USD)-42.78as on Mar 31, 2023
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Total Equity Funding
$145 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Stifel
& 2 more
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Employee Count
30
as on Apr 02, 2024
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Products & Services of Solutions by Text
Solutions by Text offers a comprehensive portfolio of products and services, including FinText Platform, Compliance Messaging, and Payments Solutions.
Platform for compliance-first texting and payments integration
Tool for secure text messaging in financial operations
Integration for text-based payment processing and collections
People of Solutions by Text
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Sales and Marketing
14 people
Leadership Team
9 people
Software Development Team
6 people
Senior Team
5 people
Product Management Team
5 people
Finance and Accounting
3 people
Data Analysis and Operations Team
2 people
Operations Team
2 people
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Funding Insights of Solutions by Text
Solutions by Text has successfully raised a total of $145M across 3 strategic funding rounds. 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.
Investors in Solutions by Text
Solutions by Text has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Stifel, StepStone Group and Edison Partners.
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Diversified asset management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Diversified investment management services are provided globally.
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Investor details for Solutions by Text
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Solutions by Text
Investment portfolio details for Solutions by Text
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- Transaction dates
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Financial Statements - Solutions by Text
Detailed financials for Solutions by Text
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- Profit trends
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Solutions By Text Comparisons
Peer comparison for Solutions by Text
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Competitors of Solutions by Text
Solutions by Text 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 Stripe, Square, PayPal, Flutterwave and PayU, among others.
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Payment processing and card issuance solutions are provided for businesses.
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POS solutions are provided for retail businesses.
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Online payment solutions are offered to consumers and businesses.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Payment processing and treasury management solutions are offered to businesses.
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Detailed competitors of Solutions by Text
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Latest news on Solutions By Text
Complete news archive for Solutions by Text
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Frequently Asked Questions about Solutions by Text
Solutions by Text was founded in 2004 and raised its 1st funding round 17 years after it was founded.
Solutions by Text is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
David Baxter is the current CEO of Solutions by Text.
Solutions by Text is a funded company, having raised a total of $145M across 3 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Solutions by Text is 30.
Annual revenue of Solutions by Text is $1.96M as on Mar 31, 2023.
Solutions by Text was founded in 2004 and is headquartered in Dallas, United States. Operations focus on the communications and fintech sectors, where a text-based API is provided for processing payments through messages. Services include billing reminders, collections, and marketing solutions, with capabilities for sending mass automated texts to support business needs. The platform enables efficient customer interactions via SMS.
Solutions by Text's top competitors include Stripe, PayU and Flutterwave.
Solutions by Text offers FinText Platform, Compliance Messaging, and Payments Solutions.
Solutions by Text has 3 investors. Key investors include Stifel, StepStone Group, and Edison Partners.