Cambridge-based MineralTree provides mobile and online accounts payable automation software for finance professionals at growing organizations. Founded by BC Krishna in 2010, MineralTree has now raised a total of $122.7M in total equity funding and is backed by investors that include .406 Ventures, Eight Roads Ventures, and Great Hill Partners.
MineralTree an AP automation software company raised €50m to buy Inspyrus, a FinTech that specializes in AP and Regal Software which provides B2B disbursement software.
Accounts payable firm MineralTree has raised $50 million and acquired two companies in the AP automation and B2B payables space, Inspyrus and Regal Software, to expand its position in the mid-market segment.