Accrualify Overview
- Year Founded
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2015

- Status
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Acquired/Merged
- Employees
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29

- Latest Deal Type
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M&A
- Latest Deal Amount
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$41.2M
Accrualify General Information
Description
Developer of a spend management platform designed to facilitate interactions between vendors and customers. The company's platform automates the accrual request process between purchasers and vendors by automatically tying in vendors to specific purchase orders, providing mass request accrual estimates and invoices, managing purchase orders and sending invoice payments all through a single platform, enabling enterprises to integrate all aspects of procure-to-pay processes for increased transparency and better communication.
Contact Information
Website
www.accrualify.comCorporate Office
- 14 North San Mateo Drive
- San Mateo, CA 94401
- United States
Corporate Office
- 14 North San Mateo Drive
- San Mateo, CA 94401
- United States
Accrualify Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 03-Aug-2022 | $41.2M | Completed | Generating Revenue | ||
4. Debt - PPP | 29-Apr-2020 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 11-Sep-2018 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 16-Aug-2018 | $638K | Completed | Generating Revenue | ||
1. Seed Round | 09-May-2017 | $638K | $638K | Completed | Generating Revenue |
Accrualify Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A | ||||||||
Seed |
Accrualify Comparisons
Industry
Financing
Details
Accrualify Competitors (66)
One of Accrualify’s 66 competitors is Versapay, a Private Equity-Backed company based in Miami, FL.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Versapay | Private Equity-Backed | Miami, FL | ||||
Billtrust | Private Equity-Backed | Hamilton, NJ | ||||
Tipalti | Venture Capital-Backed | Foster City, CA | ||||
Conga | Formerly PE-Backed | Broomfield, CO | ||||
Rillion | Private Equity-Backed | Stockholm, Sweden |
Accrualify Signals
Accrualify Former Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Aligned Partners | Venture Capital | Minority | ||
Brock Beal | Angel Group | Minority | ||
Angel (individual) | Minority | |||
Plug and Play Tech Center | Accelerator/Incubator | Minority | ||
SWAN Venture Fund | Angel Group | Minority |
Accrualify FAQs
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When was Accrualify founded?
Accrualify was founded in 2015.
-
Where is Accrualify headquartered?
Accrualify is headquartered in San Mateo, CA.
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What is the size of Accrualify?
Accrualify has 29 total employees.
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What industry is Accrualify in?
Accrualify’s primary industry is Financial Software.
-
Is Accrualify a private or public company?
Accrualify is a Private company.
-
What is the current valuation of Accrualify?
The current valuation of Accrualify is
. -
What is Accrualify’s current revenue?
The current revenue for Accrualify is
. -
How much funding has Accrualify raised over time?
Accrualify has raised $3.79M.
-
Who are Accrualify’s investors?
Aligned Partners, Brock Beal, , Plug and Play Tech Center, and SWAN Venture Fund are 5 of 6 investors who have invested in Accrualify.
-
Who are Accrualify’s competitors?
Versapay, Billtrust, Tipalti, Conga, and Rillion are some of the 66 competitors of Accrualify.
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When was Accrualify acquired?
Accrualify was acquired on 03-Aug-2022.
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Who acquired Accrualify?
Accrualify was acquired by Corpay.
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