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How Nvoicepay CEO Karla Friede grew Nvoicepay to $18.5M revenue and 2.5K customers in 2021.

Nvoicepay offers accounts payable software for domestic and international b2b payments. Creating a paperless future for accounts payable.

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Nvoicepay Revenue

In 2021, Nvoicepay's revenue reached $18.5M. Since its launch in 2009, Nvoicepay has shown consistent revenue growth.

Nvoicepay Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M2009201120132015201720192021$0$19MSource: GetLatka.com
YearMilestone
2021Nvoicepay Hit $18.5m revenue in September 2021
2009Launched with $0 revenue

Nvoicepay Valuation, Funding Rounds

Nvoicepay's most recent disclosed valuation is $55.5M.

Nvoicepay has raised $23M in total funding across 7 rounds, most recently a $10M Venture Round round in 2016.

Nvoicepay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$5M$10M$15M$20M$25M200920102011201220132014201520162009 cumulative: $0 • 2009 Founded: $02010 cumulative: $540K • 2009 Founded: $0 • 2010 Venture Round: $540K2012 cumulative: $3M • 2009 Founded: $0 • 2010 Venture Round: $540K • 2012 Venture Round: $2M2013 cumulative: $3M • 2009 Founded: $0 • 2010 Venture Round: $540K • 2012 Venture Round: $2M • 2013 Venture Round: $100K2013 cumulative: $4M • 2009 Founded: $0 • 2010 Venture Round: $540K • 2012 Venture Round: $2M • 2013 Venture Round: $100K • 2013 Venture Round: $1M2014 cumulative: $7M • 2009 Founded: $0 • 2010 Venture Round: $540K • 2012 Venture Round: $2M • 2013 Venture Round: $100K • 2013 Venture Round: $1M • 2014 Venture Round: $3M2015 cumulative: $13M • 2009 Founded: $0 • 2010 Venture Round: $540K • 2012 Venture Round: $2M • 2013 Venture Round: $100K • 2013 Venture Round: $1M • 2014 Venture Round: $3M • 2015 Venture Round: $6M2016 cumulative: $23M • 2009 Founded: $0 • 2010 Venture Round: $540K • 2012 Venture Round: $2M • 2013 Venture Round: $100K • 2013 Venture Round: $1M • 2014 Venture Round: $3M • 2015 Venture Round: $6M • 2016 Venture Round: $10M$23M2009 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2016Venture Round$10M--
2015Venture Round$6M--
2014Venture Round$3M--
2013Venture Round$1M--
2013Venture Round$100K--
2012Venture Round$2.4M--
2010Venture Round$540K--

Nvoicepay Employees & Team Size

Nvoicepay employs approximately 224 people as of 2026, up from 189 in 2020.

Nvoicepay has 224 total employees in different roles and functions and 43 sales reps that carry a quota. They have 2.5K customers that rely on the company's solutions.

Nvoicepay Team GrowthReported headcount over time050100150200250200920112013201520172019202100224224Source: GetLatka.com
YearMilestone
2021Reached 224 employees (September 2021)
2020Reached 189 employees (December 2020)
2020Reached 166 employees (June 2020)
2019Reached 149 employees (December 2019)
2018Reached 119 employees (December 2018)

Founder / CEO

Karla Friede

Karla Friede is Chief Executive Officer and co-founder at Nvoicepay. She has over 30 years of experience in management, finance, and marketing roles in both large and early-stage companies. Karla, along with the founding team, has grown Nvoicepay into a leading B2B payment automation solution provider. Prior to founding Nvoicepay, she was President and CEO of privately held Zevez Corporation, VP of Marketing for GeoTrust (acquired by Verisign in 2006), Director of Marketing at Mentor Graphics, and part of the PBAS team at KPMG. Karla earned an MBA from Harvard Graduate School of Business and a BS in Accounting from the University of Idaho.

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Customers

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Frequently Asked Questions about Nvoicepay

What is Nvoicepay's revenue?

Nvoicepay generates $18.5M in revenue.

Who founded Nvoicepay?

Nvoicepay was founded by Karla Friede.

Who is the CEO of Nvoicepay?

The CEO of Nvoicepay is Karla Friede.

How much funding does Nvoicepay have?

Nvoicepay raised $23M.

How many employees does Nvoicepay have?

Nvoicepay has 224 employees.

Where is Nvoicepay headquarters?

Nvoicepay is headquartered in Beaverton, Oregon, United States.

Compare Nvoicepay to the industry

Nvoicepay operates across multiple industries. Browse revenue, funding, and growth data for Nvoicepay 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 .

Nvoicepay Revenue 2021: $18.5M ARR, $55.5M Valuation