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How MineralTree grew MineralTree to $17.4M revenue and 1.5K customers in 2020.

MineralTree is a B2B SAAS platform that provides accounts payable automation solutions for businesses. Their platform streamlines the invoice and payment process, helping organizations to save time and reduce costs. MineralTree offers features such as invoice capture, approval workflows, electronic payments, and integration with accounting systems.

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MineralTree Revenue

In 2020, MineralTree's revenue reached $17.4M. Since its launch in 2010, MineralTree has shown consistent revenue growth.

MineralTree Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M201020122014201620182020$0$17MSource: GetLatka.com
YearMilestone
2020MineralTree Hit $17.4m revenue in August 2020
2010Launched with $0 revenue

MineralTree Valuation, Funding Rounds

MineralTree's most recent disclosed valuation is $52.2M.

MineralTree has raised $72.7M in total funding across 4 rounds, with its most recent round in 2019.

MineralTree Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$20M$40M$60M$80M2010201220142016201820192010 cumulative: $0 • 2010 Founded: $02011 cumulative: $2M • 2010 Founded: $0 • 2011 Funding round: $2M2012 cumulative: $12M • 2010 Founded: $0 • 2011 Funding round: $2M • 2012 Funding round: $9M2015 cumulative: $23M • 2010 Founded: $0 • 2011 Funding round: $2M • 2012 Funding round: $9M • 2015 Funding round: $11M2019 cumulative: $73M • 2010 Founded: $0 • 2011 Funding round: $2M • 2012 Funding round: $9M • 2015 Funding round: $11M • 2019 Funding round: $50M$73M2010 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$50M--
2015Funding round$11.1M--
2012Funding round$9.3M--
2011Funding round$2.3M--

MineralTree Employees & Team Size

MineralTree employs approximately 109 people as of 2026, down from 114 in 2019.

MineralTree has 109 total employees in different roles and functions and 13 sales reps that carry a quota. They have 1.5K customers that rely on the company's solutions.

MineralTree Team GrowthReported headcount over time030609012015020102012201420162018202000109109Source: GetLatka.com
YearMilestone
2020Reached 109 employees (December 2020)
2020Reached 120 employees (August 2020)
2020Reached 119 employees (June 2020)
2019Reached 114 employees (December 2019)
2018Reached 69 employees (December 2018)

Customers

See how MineralTree acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

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Frequently Asked Questions about MineralTree

What is MineralTree's revenue?

MineralTree generates $17.4M in revenue.

How much funding does MineralTree have?

MineralTree raised $72.7M.

How many employees does MineralTree have?

MineralTree has 109 employees.

Where is MineralTree headquarters?

MineralTree is headquartered in Cambridge, Massachusetts, United States.

Compare MineralTree to the industry

MineralTree operates across multiple industries. Browse revenue, funding, and growth data for MineralTree in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

MineralTree Revenue 2020: $17.4M ARR, $52.2M Valuation