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BillingPlatform secures $90m growth equity investment from FTV Capital – FinTech Futures

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TLDR:

  • Enterprise revenue lifecycle management firm BillingPlatform has secured a $90 million growth equity investment from FTV Capital.
  • The funding will be used to accelerate innovation, product development, and go-to-market expansion, following BillingPlatform’s three-year revenue growth rate of 296%.
  • BillingPlatform offers a cloud-based billing and revenue management solution for various industries, including technology, financial services, media and entertainment, logistics, and communications.

Colorado-based enterprise revenue lifecycle management firm, BillingPlatform, has raised $90 million in a growth equity investment round led by FTV Capital. The funding will be used to drive innovation, support product development, and expand go-to-market efforts. BillingPlatform has achieved a three-year revenue growth rate of 296%. The investment will also see FTV Capital partners Kyle Griswold and Richard Liu join BillingPlatform’s board of directors. BillingPlatform offers a cloud-based billing and revenue management solution that automates quote-to-cash processes for various industries, including technology, financial services, media and entertainment, logistics, and communications. The company has previously secured partnerships with JP Morgan Payments, Juniper Square, and Dext.

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