- Revenue
- $9.6M
- Year founded
- 2023
- Team size
- 66
Top 23 Billing Software Companies With $5M–$10M Revenue (August 2026)
As of August 2026, Latka tracks 23 billing software companies with $5M–$10M in annual revenue. They have combined revenues of $150.1M and employ 1.5K people. They have raised $151.7M and serve 43.1K customers combined.
Every company below sells billing software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
What Billing Software Companies do
Billing software is a category of applications designed to facilitate the invoicing and payment collection processes for businesses of all sizes. These tools automate various billing tasks, including generating invoices, tracking payments, and managing customer accounts, which helps streamline operations and reduce manual errors. Billing software can also support complex pricing structures, such as subscription models and usage-based billing, making it particularly valuable for SaaS businesses and service-oriented companies. Common features of billing software include automated invoicing, flexible payment options, detailed reporting capabilities, and integration with accounting systems. Typical buyers of these solutions include finance and accounting departments, sales operations teams, and IT professionals who need to ensure system compatibility. By leveraging billing software, businesses can improve cash flow, enhance customer satisfaction through timely and accurate billing, and gain insights into their revenue streams through robust reporting functionality.
- Companies
- 23
- Revenue
- $150.1M
- Funding
- $151.7M
- Employees
- 1.5K
Filters
Sorting: Highest -> Lowest
Top Billing Software Companies With $5M–$10M Revenue
Showing 10 of 23 companies ranked by annual revenue.
Palo Alto, California, United States
Provider of a recurring billing platform intended to facilitate the management of subscription contracts. The company's platform eliminates the use of spreadsheets and helps to book, bill, forecast and manage new contracts, renewals, adjustments and change requests, enabling clients to connect with their CRM, ERP and fulfillment systems by automating their invoicing process through a single platform.
- Revenue
- $9M
- Year founded
- 2015
- Funding
- $20.2M
- Team size
- 121
Pewaukee, Wisconsin, United States
Developer and provider of claims management and reporting software designed for healthcare providers. The company's software-as-a-service platform allows users to get paid fast and navigate the changing landscape of payer reimbursements more effectively, enabling the revenue cycle team in specialty clinics, hospitals and integrated health systems perform traditional A/R services in half the time of a typical healthcare business, improving efficiency and freeing up resources.
- Revenue
- $8.5M
- Year founded
- 1993
- Team size
- 51
Gurugram, Haryana, India
Fretron-India’s #1 cloud-based collaborative Transport Management System, is on a mission to take freight online. With an intention of solving complex problems in the logistics ecosystem, Fretron came into existence in 2017. Founded by top-notch industry experts, Puneet Agarwal, Swati Agarwal and Sunil Dhaker, Fretron takes your logistics business from MIS reports to complete digitisation, helping companies in end-to-end automation of business processes. Puneet Agarwal comes with an extensive experience of 25+ years in the logistics and technology domain. An ISB alumni, Puneet has successfully led technology teams at organizations like Daffodil Software and CJ Darcl Logistics. IIT graduate Sunil Dhaker, co-founder & CTO of the company brings 7+ years of immense product experience. He has a knack of building consumer centric products from scratch. Fretron’s young & enthusiastic team of dedicated product & technical experts are leveraging high-tech technologies to provide the logistic industry with automotive order & dispatch planning, yard management (in-plant monitoring), fleet management and digitised billing & invoice settlement. Since inception, Fretron has earned the trust of 100s of top-notch Indian industry leaders including VMart, CJ Darcl, Jindal industries, Exide industries, DHTC and so on.
- Revenue
- $8.5M
- Year founded
- 2017
- Team size
- 77
Atlanta, Georgia, United States
Payment products for warehouses, carriers, brokers, repair/tow merchants and drivers, integrating and automating the financial systems fueling the logistics industry
- Revenue
- $8.1M
- Year founded
- 2015
- Team size
- 60
São José Dos Pinhais, Parana, Brazil
VHsys is a technology company that offers a fully online business management system, developed to facilitate the management of micro and small businesses, giving entrepreneurs more time to focus on what really matters. VHsys has been in the market since 2011 and has helped simplify the management of thousands of companies, with over 2 million invoices issued and R$ 10 billion transacted, all through the system.
- Revenue
- $7.5M
- Year founded
- 2011
- Funding
- $10K
- Team size
- 223
Austin, Texas, United States
Developer of a revenue operations software intended to accelerate top-line revenue through intelligent billing and real-time dynamic monetization. The company's revenue operations software gain visibility and unique insights into the consumption-to-cash lifecycle through on-demand reports and analytics, enabling clients activity-based business models to automate revenue operations.
- Revenue
- $7.2M
- Year founded
- 2008
- Funding
- $72M
- Team size
- 74
Noida, Uttar Pradesh, India
AlignBooks, India’s No 1. cloud-based accounting software, is an all-in-one solution for smart MSMEs to achieve simplified business operations – enabling effortless accounting, Inventory, and compliance management functions in the current challenging and dynamic environment. Inspired by the potential that MSMEs hold in India, we are proud to have been a constant creator of smart and intelligent technologies for them. We are determined to align smart MSMEs with smart accounting solutions which is much beyond just accounting, at a minimal cost. With enabling technology at its core, our software offers the completion of the entire GST filing and e-Invoice generation process with a single click. Navratna modules i.e Sales, Purchase, Finance, Inventory, Point of Sales, Payroll, Asset, Production, and CRM blended with features like auto bank reconciliation, multi-currency, multi-location accounting, user roles, and intuitive dashboards make it first among equals. Integration with ICICI Bank, Amazon, Shopify, PayTM, Razorpay, and more further simplify business operations management.
- Revenue
- $7M
- Year founded
- 2017
- Team size
- 64
Cambridge, Ontario, Canada
Provider of licensed and Software-as-a-Service (SaaS) usage rating, mediation and subscription billing solutions for the Internet of Things, telecommunications, unified communications and enterprise service providers. The company's carrier-grade solutions are built on its proprietary, real-time usage rating and subscription billing platform which is designed to be provider agnostic which enables it to grow with customers as they evolve their business operations and end user offerings.
- Revenue
- $7M
- Year founded
- 1998
- Team size
- 72
San Francisco, United States
Setup your entire back office in one place with 10x better workflows using AI.
- Revenue
- $6.4M
- Year founded
- 2021
- Funding
- $9.5M
- Team size
- 154
Frequently asked questions about Billing Software Companies With $5M–$10M Revenue
How many billing software companies with $5M–$10M in annual revenue are there?
Latka tracks 23 billing software companies with $5M–$10M in annual revenue. Together they generate $150.1M in annual revenue and employ 1.5K people.
Which billing software company with $5M–$10M in annual revenue is the largest?
Alguna is the largest, with $9.6M in annual revenue, founded in 2023.
How much revenue does a typical billing software company with $5M–$10M in annual revenue make?
The average billing software company in this list makes $6.5M a year, across 23 companies with reported revenue. They serve 43.1K customers combined.
Who are the leading Billing software vendors with $5M–$10M in annual revenue?
Ranked by annual revenue, the leaders are Alguna, RecVue, efficientC, Fretron and RoadSync.
How much funding have billing software companies with $5M–$10M in annual revenue raised?
The 23 billing software companies with $5M–$10M in annual revenue tracked here have raised $151.7M in disclosed funding between them.
Related ERP Software categories
Inclusion Criteria
- Enables automated generation of invoices based on customizable templates. - Supports multiple payment methods and billing cycles, including one-time and subscription-based billing. - Provides detailed reporting and analytics for tracking revenue and customer payment behaviors. - Integrates with other financial and accounting systems for streamlined operations. - Allows for customization of pricing tiers and discounts based on customer segments.