Boston based accounts payable and payments automation solution provider raised $50m in Series D funding from existing investors Great Hill Partners, .406 Ventures, and Eight Roads Ventures.
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MineralTree raises $50m in Series D funding and acquires Inspyrus and Regal Software
“Mid-market companies of all sizes continue to show strong interest in automating their AP and payments processes, but as a market segment have been overlooked and underserved,” said MineralTree Chief Executive Officer, Micah Remley. “Our vision to revolutionize B2B commerce starts with making the invoice to payment processes simple, speedy, and secure for mid-market customers and our Bank partners. This new funding, combined with expanded product capabilities and scale that come as a result of acquiring Inspyrus and Regal Software, uniquely positions MineralTree to do just that.”
