Eecosio provides B2B data exchange services, focusing on electronic data interchange (EDI) and e-invoicing. It connects businesses across supply chains through a single Integration Hub, enabling automated communication with all partners and seamless ERP integration. The platform allows companies to onboard and connect to multiple trading partners via one connection, handling document formats such as orders, invoices, and other business documents in a standardized way. This differentiates ecosio from competitors by emphasizing a single, user-friendly hub that offers broad partner reach, strong ERP integration, and high-quality EDI services backed by a professional, customer-focused team. Ecosio’s goal is to simplify and automate B2B communications so companies can run their supply chains more efficiently and reliably.
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Industries
Company Size
51-200
Company Stage
Acquired
Total Funding
N/A
Headquarters
Vienna, Austria
Founded
2012
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Total Funding
N/A
N/A
Industry Average
Funded Over
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Vertex, Inc. (NASDAQ: VERX) has announced the acquisition of ecosio, a B2B integration provider specializing in EDI and e-invoicing, pending Austrian regulatory approval. The deal includes an upfront cash payment of $69 million and a targeted earn-out of $76 million in cash and $35 million in Vertex shares. This move aims to create a scalable platform for automating business transactions and managing e-invoicing compliance. ecosio is expected to contribute approximately $15 million in revenue in the first 12 months post-closing.
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Industries
Company Size
51-200
Company Stage
Acquired
Total Funding
N/A
Headquarters
Vienna, Austria
Founded
2012
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs