InvoiceCloud

InvoiceCloud

Digital billing and payment solutions provider

About InvoiceCloud

Simplify's Rating
Why InvoiceCloud is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Fintech

Healthcare

Company Size

11-50

Company Stage

IPO

Total Funding

N/A

Headquarters

Braintree, Massachusetts

Founded

2009

Overview

InvoiceCloud provides a digital solution for businesses to manage their billing and payment processes efficiently. It operates as a Software-as-a-Service (SaaS), allowing clients to access the platform online without installation. This service is designed to create a smooth and secure payment experience for customers, which is essential for maintaining satisfaction and loyalty. Unlike many competitors, InvoiceCloud focuses specifically on simplifying the digital billing process, making it particularly beneficial for businesses that prioritize modern payment solutions. The goal of InvoiceCloud is to enhance the financial transaction experience for its clients, ensuring that they can engage effectively with their customers.

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Simplify's Take

What believers are saying

  • Increased adoption of digital payment solutions boosts demand for InvoiceCloud.
  • Embedded finance trends create opportunities for InvoiceCloud to enhance customer experience.
  • AI and machine learning enable InvoiceCloud to offer personalized, efficient services.

What critics are saying

  • Shareholder dissatisfaction due to proposed sale to Vista Equity Partners.
  • Leadership changes may lead to strategic shifts or instability.
  • Involvement of investment banks suggests potential financial instability or restructuring.

What makes InvoiceCloud unique

  • InvoiceCloud offers a seamless SaaS solution for digital billing and payments.
  • EngageSmart's subscription model ensures continuous updates and improvements for clients.
  • InvoiceCloud focuses on secure transactions, enhancing customer satisfaction and loyalty.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

3 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Mental Health Support

Parental Leave

Tuition Reimbursement

Growth & Insights and Company News

Headcount

6 month growth

-6%

1 year growth

-6%

2 year growth

-6%
CityBiz
Aug 13th, 2024
InvoiceCloud Announces New Leadership

O'Brien joined EngageSmart as President of InvoiceCloud and enterprise solutions in 2022.

Investing.com
Jul 22nd, 2024
Forrester appoints tech veteran Bob Bennett to board

Bennett, who stepped down as CEO of EngageSmart in April 2024, maintains advisory roles as an independent board member for InvoiceCloud and SimplePractice.

Digital Transactions
Jan 8th, 2024
Garmin Pay in New Garmin Watch And Other Digital Transactions News briefs from 1/8/24

Healthcare practices payments provider PatientFi LLC named Ray Bassi senior vice president of sales.

Stockhouse
Oct 27th, 2023
SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of EngageSmart to Vista Equity. Is $23.00 a Fair Price?

On October 23, 2023, EngageSmart announced that it had entered a deal to merge with Vista.

Business Wire
Oct 24th, 2023
EngageSmart Agrees to Be Acquired by Vista Equity Partners for $4.0 Billion

EngageSmart, Inc. (NYSE: ESMT) (“EngageSmart” or “the Company”), a leading provider of vertically tailored customer engagement software and integrated

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