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Top 50 Billing Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 98 billing software companies with $1M–$5M in annual revenue. They have combined revenues of $229M and employ 2.1K people. They have raised $41.7M and serve 2.1M 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
98
Revenue
$229M
Funding
$41.7M
Employees
2.1K

Filters

Sorting: Highest -> Lowest

Filters

Top Billing Software Companies With $1M–$5M Revenue

Showing 10 of 98 companies ranked by annual revenue.

1Opencell logo
Opencell

Clichy, Île-de-France, France

Opencell is an agile monetization platform that simplifies the complete management of your recurring customer lifecycle in one place. With our solution, recurring revenue businesses can quickly: Launch new services Monetize new revenue streams Deliver an enhanced customer experience Opencell is a platform that can be deployed in the cloud or on-premises. Our platform adapts to all types of business models, whether subscription-based, on-demand, or usage-based. Opencell offers a comprehensive toolkit that allows you to model your most complex needs. Our APIs make it easy to integrate Opencell with your entire IT ecosystem, whether it's your CRM, payment platform, BI system, or accounting software. Opencell is the key to optimizing your revenue management.

Revenue
$4.8M
Year founded
2015
Funding
$10.9M
Team size
44
Growth
46.14%
2Siteline logo
Siteline

San Francisco, California, United States

Cash flow is the lifeblood of any contractor’s business, but billing is painful and slow. With so much manual work involved, a small, honest mistake can hold up millions of dollars in cash flow. And even when things go right, the time and effort it takes to get paid takes away from the work that really matters. We believe that when you free up payments, you free up people to take on whatever’s next. We started Siteline® to give construction teams a financial foundation to build on. Because when people are on the same page about getting paid, they can focus on whatever's next—whether that’s a new idea, a new project, or more time with their family. We’re reimagining construction finance to help contractors get paid, grow their business, and build a better future for all of us. Because when the foundation thrives, we all prosper.

Revenue
$4.7M
Year founded
2019
Team size
43
3Tofu logo
Tofu

San Mateo, California, United States

Tofu Self-Employed Tracker is here to alleviate stress from the busy lives of self-employed. We created this app keeping in mind how hard it could be to manage your own business. Tofu allows you to create and send invoices instantly, record all your receipts, and calculate your taxes with ease. No longer will you have to spend countless hours poring over tedious paperwork. Tofu is a small team of professionals who are passionate about helping people. We have several members who tried opening a business. One of them even had his own bar! They all struggled with the tedious part of owning a business – managing invoices, tracking all the payments, and dealing with taxes. We analyzed all their issues and came up with the idea for the app. We want to deliver an excellent product that would really make a difference.

Revenue
$4.5M
Year founded
2022
Team size
9
4Bumpa logo
Bumpa

United States

Bumpa is the best business management app for SMEs in Africa. 

 With the Bumpa app, business owners can: - Create a business website. - Display products & receive payment - Record sales - Issue invoices/receipts - Receive financial reports -Manage orders.

Revenue
$4.4M
Year founded
2021
Team size
40
5Encoda logo
Encoda

Tampa, Florida, United States

Encoda is a developer of a healthcare technology platform designed to provide automation technologies for medical practices. The company's medical revenue cycle automation tool offers back office staff with features such as revenue collection and management, client billing systems and medical insurance claim handling services.

Revenue
$4.3M
Year founded
2004
Funding
$1.5M
Team size
56
6CellBank logo
CellBank

Buenos Aires, Distrito Federal, Argentina

Saas Banking Software, ePayments, Telco, Retail & Big Community Business Fintech Solutions

Revenue
$4M
Year founded
2019
Funding
$1M
Team size
91
7Certifi logo
Certifi

Edina, Minnesota, United States

Developer of a billing and payments utility platform intended to simplify the process of billing and payment. The company's billing and payments utility platform performs all the functions of membership accounting, payment management, collections and remittance for digital benefits based billing and enables 100% electronic billing transactions in complex billing scenarios, including payer sponsored marketplaces for group and individual populations enabling health and benefits sellers and purchasers to use a better experience.

Revenue
$4M
Year founded
2006
Team size
26
8Bsale Perú logo
Bsale Perú

Lima, Lima, Peru

¡En Bsale somos emprendedores como tú! Nuestra historia comenzó en el año 2012 cuando los hermanos Gustavo y Elvira Montero diseñaron un sistema de ventas, especialmente pensado para ahorrar tiempo y simplificar la vida de los emprendedores peruanos. Nuestro sistema de ventas busca solucionar alguno de los principales desafíos diarios que enfrentan los emprendedores con sólo unos pocos clics, como: -Emitir documentos tributarios electrónicos como boletas y facturas -Controlar el inventario de forma automática -Vender de forma presencial, por internet y en múltiples canales Hoy son más de 10.000 los emprendedores que usan Bsale en Latinoamérica y 113.000 usuarios conectados, concentrando nuestros servicios en Chile, Perú y México. Si quieres conocer más de nosotros te invitamos a visitarnos en www.bsale.com.pe

Revenue
$3.7M
Year founded
2017
Team size
34
9InvoiceQ logo
InvoiceQ

Amman, Jordan

InvoiceQ is a cloud-based e-invoicing platform designed to help businesses in Saudi Arabia and Jordan comply with local tax regulations. It enables companies to issue, archive, and manage tax-compliant invoices with ease. The platform offers electronic invoicing systems and integration solutions to eliminate the need for paper invoices.

Revenue
$3.7M
Year founded
2020
Team size
40
10Metzum logo
Metzum

Bergen, Hordaland, Norway

(Vi søker flere nye kollegaer) Vi er et teknologiselskap med hovedkontor i Vestlandets hovedstad, Bergen. Vi lanserte Metzum i januar 2020 som en felles teknologisatsing mellom Fjordkraft AS og Rieber & Søn AS. Ideen sprang ut fra et ønske om å utvikle løsninger for effektivisering av forretningsprosesser for aktører i kraftmarkedet. Metzum leverer fremtidsrettet programvare til strømleverandører, nettselskapet og andre kundegrupper med behov for effektive løsninger for avregning og fakturering. Våre løsninger er modulære og bygget på moderne prinsipper; tilrettelagt for effektiv drift i skyen. Dette gir løsninger som skalerer og effektiviserer driften for våre kunder.

Revenue
$3.6M
Team size
33

Frequently asked questions about Billing Software Companies With $1M–$5M Revenue

How many billing software companies with $1M–$5M in annual revenue are there?

Latka tracks 98 billing software companies with $1M–$5M in annual revenue. Together they generate $229M in annual revenue and employ 2.1K people.

Which billing software company with $1M–$5M in annual revenue is the largest?

Opencell is the largest, with $4.8M in annual revenue, founded in 2015.

How much revenue does a typical billing software company with $1M–$5M in annual revenue make?

The average billing software company in this list makes $2.3M a year, across 98 companies with reported revenue. They serve 2.1M customers combined.

Who are the leading Billing software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Opencell, Siteline, Tofu, Bumpa and Encoda.

How much funding have billing software companies with $1M–$5M in annual revenue raised?

The 98 billing software companies with $1M–$5M in annual revenue tracked here have raised $41.7M 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.