Who invested in Billtrust

4 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summaryUpdated 26 Oct 2026

$104Mraised across 4 rounds since 2006, from 4 sources

$4.0MVenture$25MSeries B$25MSeries C$50MRound

Latest round: Round, $50MMay 2017
Step-upi: 2×
Investors: 4

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20082010201220142016

$4.0MVenture$25MSeries B$25MSeries C$50MRound

First round: Venture, $4.0M
Biggest round: $50M
Usual gap between rounds: 2.4 years

The rounds

May 2017
Round$50M1 new
- Riverwood Capital Management
Reported by FinSMEs
Apr 2015
Series C$25M1 new1 returning
- Goldman Sachs
- Bain Capital Ventures
From a historical funding record
Nov 2012
Series B$25M1 new
- Bain Capital Ventures
Reported by techcrunch.com
Oct 2006
Venture$4.0M1 new
- Edison Ventures
Reported by billtrust.com

Founders and team

From Billtrust's own website: 14 on the team.

David ZwickChief Executive Officer
Lee An SchommerSenior Vice President, Strategy & Corporate Programs
Catherine DukeChief Technology Officer
Geoff SchulerChief Financial Officer
Grant HalloranChief People Officer
John LandyChief Marketing Officer
Kunal PatelChief Revenue Officer
Tarek SalehChief Product Officer
Alison ElworthyBoard Member
Arvindh KumarBoard Member
David PostBoard Member
Eric PalmerBoard Member
Jess KeeneyBoard Member
John CoughlinBoard Member

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Venture2006Series B2012Series C2015Round2017

Bain Capital Ventures

Goldman SachsEdison VenturesRiverwood Capital Management

Everyone who backed them

Bain Capital VenturesVC firm2rounds

Goldman SachsPrivate equity1round

Edison VenturesVC firm1round

Riverwood Capital Managementno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Billtrust as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.