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Beaverton, Oregon, United States
Nvoicepay offers accounts payable software for domestic and international b2b payments. Creating a paperless future for accounts payable.
Last updated
In 2021, Nvoicepay's revenue reached $18.5M. Since its launch in 2009, Nvoicepay has shown consistent revenue growth.
Nvoicepay reached a $55.5M valuation in 2025, set during its M&A Offer round.
Nvoicepay has raised $23M in total funding across 7 rounds, most recently a $10M Venture Round round in 2016.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $55.5M | - | |
| 2016 | Venture Round | $10M | - | - |
CEO
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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Nvoicepay serves 2.5K customers.
Nvoicepay employs approximately 224 people as of 2026, up from 189 in 2020, including 43 sales reps that carry a quota. It serves 2.5K customers that rely on its solutions.
Nvoicepay generates $18.5M in revenue.
Nvoicepay was founded by Karla Friede.
The CEO of Nvoicepay is Karla Friede.
Nvoicepay raised $23M across 7 rounds.
Nvoicepay has 224 employees.
Nvoicepay is headquartered in Beaverton, Oregon, United States.
Nvoicepay operates across multiple industries. Browse revenue, funding, and growth data for Nvoicepay in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$55.5M
2021 Revenue
$18.5M
Customers
2.5K
Funding
$23M
Avg ACV
$7.4K
Team
224
Founded
2009
| Year | Milestone | Source |
|---|---|---|
| 2021 | Nvoicepay Hit $18.5m revenue in September 2021 | |
| 2009 | Launched with $0 revenue |
| 2015 | Venture Round | $6M | - | - |
| 2014 | Venture Round | $3M | - | - |
| 2013 | Venture Round | $1M | - | - |
| 2013 | Venture Round | $100K | - | - |
| 2012 | Venture Round | $2.4M | - | - |
| 2010 | Venture Round | $540K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 224 employees (September 2021) | |
| 2020 | Reached 189 employees (December 2020) | |
| 2020 | Reached 166 employees (June 2020) | |
| 2019 | Reached 149 employees (December 2019) | |
| 2018 | Reached 119 employees (December 2018) |
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