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Routable raises $12m in Series A funding

San Francisco based B2B payments company raised $12m in Series A funding from Y Combinator, Founders Co-Op, Lee Fixel, Box Group, and others.

“Sending 1,000 business payments per month is a much different proposition than sending 10,000 or 100,000 monthly payments,” said Routable co-founder and CEO Omri Mor. “We believe finance departments deserve the best software and support as they scale and understand that each role has different needs. We built Routable from the ground up to meet the needs of modern teams and provide the tools, integrations, and visibility they need to thrive.”

Tags

payments, b2b, accounts payable