MineralTree Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Private

  • Employees
  • 130

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $500M

MineralTree General Information

Description

Developer of a cloud-based automation software designed to automate and optimize each phase of an invoice's journey to suit team's existing workflow and specific company needs. The company's software streamlines the payment process by consolidating multiple payment types and integrates with many standard accounting packages, enabling clients to automate their invoice-to-pay process, simplify payments and retain commercial customers.

Contact Information

Website
www.mineraltree.com
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Corporate Office
  • 101 Arch Street, 9th Floor
  • Boston, MA 02110
  • United States
+1 (617)
Primary Industry
Financial Software
Other Industries
Automation/Workflow Software
Vertical(s)
SaaS, TMT, FinTech, B2B Payments, Mobile
Corporate Office
  • 101 Arch Street, 9th Floor
  • Boston, MA 02110
  • United States
+1 (617)

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MineralTree Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 18-Oct-2021 $500M Completed Generating Revenue
6. Later Stage VC (Series D) 07-Oct-2020 Completed Generating Revenue
5. Later Stage VC (Series C) 13-Mar-2019 Completed Generating Revenue
4. Later Stage VC (Series B) 22-Sep-2016 Completed Generating Revenue
3. Early Stage VC (Series B) 11-Feb-2015 Completed Generating Revenue
2. Early Stage VC (Series A) 21-Jun-2012 $6.35M $7.85M Completed Generating Revenue
1. Seed Round 01-Feb-2011 $1.5M $1.5M Completed Generating Revenue
To view MineralTree’s complete valuation and funding history, request access »

MineralTree Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series D
Series C
Series B
Series A 1,885,319 $0.010000 $0.41 $5.06 $5.06 1x $3.19 5.62%
Series 1 1,008,820 $0.010000 $0.19 $2.37 $2.37 1x $2.31 1.94%
To view MineralTree’s complete cap table history, request access »

MineralTree Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based automation software designed to automate and optimize each phase of an invoice's journey to s
Financial Software
Boston, MA
130 As of 2022

Espoo, Finland
 

Foster City, CA
 
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MineralTree Competitors (58)

One of MineralTree’s 58 competitors is Basware, a Private Equity-Backed company based in Espoo, Finland.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Basware Private Equity-Backed Espoo, Finland
Tipalti Private Equity-Backed Foster City, CA
Yooz ( Automation/Workflow Software) Corporation Coppell, TX
Rillion Private Equity-Backed Stockholm, Sweden
Versapay Private Equity-Backed Miami, FL
You’re viewing 5 of 58 competitors. Get the full list »

MineralTree Patents

  • 9

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

MineralTree Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20170300873-A1 System and method for secure automated clearinghouse transactions Inactive 15-Apr-2016
CA-2891461-A1 Systems and methods for secure financial transactions Inactive 16-Nov-2011
US-20150106246-A1 Systems and methods for secure financial transactions Inactive 16-Nov-2011
WO-2013074792-A1 Systems and methods for secure financial transactions Inactive 16-Nov-2011
AU-2011331955-A1 System and method for secure financial transactions Inactive 22-Nov-2010 G06Q20/40145
To view MineralTree’s complete patent history, request access »

MineralTree Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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MineralTree Acquisitions (2)

MineralTree’s most recent deal was a Merger/Acquisition with Inspyrus. The deal was made on 24-Sep-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Inspyrus 24-Sep-2020 Merger/Acquisition Other Financial Services
Regal Software 23-Sep-2020 Merger/Acquisition Other Financial Services
To view MineralTree’s complete acquisitions history, request access »

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MineralTree FAQs

  • When was MineralTree founded?

    MineralTree was founded in 2010.

  • Where is MineralTree headquartered?

    MineralTree is headquartered in Boston, MA.

  • What is the size of MineralTree?

    MineralTree has 130 total employees.

  • What industry is MineralTree in?

    MineralTree’s primary industry is Financial Software.

  • Is MineralTree a private or public company?

    MineralTree is a Private company.

  • What is the current valuation of MineralTree?

    The current valuation of MineralTree is .

  • What is MineralTree’s current revenue?

    The current revenue for MineralTree is .

  • How much funding has MineralTree raised over time?

    MineralTree has raised $134M.

  • Who are MineralTree’s competitors?

    Basware, Tipalti, Yooz ( Automation/Workflow Software), Rillion, and Versapay are some of the 58 competitors of MineralTree.

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