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FTV Capital fuels BillingPlatform’s growth with $90m investment

Jan 25, 2024•over 1 year ago

Amount Raised

$90 Million

SydneySoftware Development

Investors

Ftv Capital

Description

BillingPlatform secured a $90m investment from FTV Capital to fuel its expansion in a $10bn market. The investment is poised to catalyse BillingPlatform’s growth, with a focus on accelerating growth and expansion.

Company Information

Company

BillingPlatform

Location

Sydney, New South Wales, Australia

About

BillingPlatform is an agile, cloud-based monetization platform that automates quote-to-cash processes, with a concentration on billing. BillingPlatform’s flexible platform allows companies to monetize any offering, integrate seamlessly with any system, and create a frictionless experience that turns value into revenue. Millions of transactions, billions of dollars in revenue, and the ability to support any kind of billing model. Our solution suite enables companies to drive revenue growth and operational efficiency - all achieved through configuration vs. code. BillingPlatform powers the Consumption Economy. Are you looking for an opportunity to be a part of an exciting, high-growth, innovative team? We are hiring! Contact us at HR@billingplatform.com.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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