InvoiceCloud

InvoiceCloud

Cloud-based platform enabling online bill payments

Overview

InvoiceCloud provides a cloud-based electronic bill payment platform that helps utilities, insurance companies, and government agencies offer online payment options. The platform plugs into clients’ existing billing systems, enabling customers to view bills and pay them online, which simplifies complex payment processes and improves digital interactions. It works by integrating with billing data, offering customers a seamless payment experience via online channels, and charging clients through subscriptions, per-transaction fees, and value-added services. Compared to competitors, InvoiceCloud emphasizes easy integration with current billing systems and a focus on a broad set of public and private sector clients to boost e-payment adoption and customer engagement. The company’s goal is to help clients increase customer satisfaction and financial results by making payments faster, easier, and more convenient.

About InvoiceCloud

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

Industries

Enterprise Software

Fintech

Financial Services

Company Size

501-1,000

Company Stage

IPO

Headquarters

Braintree, Massachusetts

Founded

2009

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Simplify's Take

What believers are saying

  • March 2026 said InvoiceCloud will hire 150 product and technology staff in Hyderabad.
  • June 2026 promoted Matthew Lane to CRO, sharpening enterprise and partner-led growth.
  • September 2025 NLC Insurance win and ten Guidewire customers deepen insurer expansion.

What critics are saying

  • July 2025 breach exposed card data and triggered litigation scrutiny over platform security.
  • Payer trust erosion after LEXserv's July 2025 incident can stall renewals and municipal sales.
  • If another PCI incident hits, enterprise billers will replace InvoiceCloud with competitors.

What makes InvoiceCloud unique

  • InvoiceCloud powers 3,250-plus utility, government, and insurance billers with EBPP integrations.
  • September 2025 Guidewire Premier status proves insurer-grade implementation depth and channel credibility.
  • April 2026 AI-powered Billing Experience embeds workflows, reconciliation, and payer support into billing.

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Funding

Total Funding

$4.5B

Above

Industry Average

Funded Over

0 Rounds

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

Stock Price

Company News

Business Matters
Feb 5th, 2026
InvoiceCloud Appoints Sridhar Jalluri as Director of Finance, India

InvoiceCloud appoints Sridhar Jalluri as Director of Finance, India. Hyderabad, Feb 05: InvoiceCloud, a leading provider of digital billing and payment solutions, today announced the appointment of Sridhar Jalluri as Director of Finance, India, further strengthening its leadership team as India continues to play an increasingly strategic role in the company's global operations. In this role, Sridhar will lead InvoiceCloud's India finance organisation and partner closely with global stakeholders to support growth, drive operational excellence, and enable long-term value creation. His responsibilities include strengthening financial governance, advancing automation and digital finance initiatives, and ensuring robust regulatory compliance across geographies. Biju Davis, Senior Vice President and India Site Leader at InvoiceCloud, said," As we continue to scale India as a strategic global hub, strengthening our finance leadership is a key priority. Sridhar's deep experience in building world-class finance organisations and driving transformation will be instrumental in supporting our growth agenda and reinforcing strong financial governance across the business." Sridhar brings more than 20 years of global finance leadership experience across Global Capability Centre shared services, and multinational environments. A Chartered Accountant by qualification, he has a strong track record of building finance functions from the ground up and delivering measurable impact through cost optimisation, automation, and governance excellence. Prior to joining InvoiceCloud, Sridhar held senior leadership roles at IQ-EQ, where he established and rapidly scaled the India Global Capability Centre finance function, and at DSM, where he served as Finance Controller for shared services operations in India, driving governance and automation initiatives. Earlier in his career, he held FP&A leadership roles at Cyient, partnering closely with executive leadership on performance management, pricing strategy, and large-scale transformation initiatives. Sridhar Jalluri as Director of Finance - India, InvoiceCloud, said, "As InvoiceCloud continues to scale, I look forward to partnering with global teams to build a strong, future-ready finance organisation in India that supports the company's long-term strategic objective

II Reporter
Sep 23rd, 2025
NLC Insurance Selects InvoiceCloud; Payments Firm Reaches Guidewire Premier Tier

NLC Insurance selects InvoiceCloud; payments firm reaches Guidewire Premier tier.

FF News
Sep 21st, 2025
InvoiceCloud Relocates Headquarters to Boston's Seaport, Expanding Presence and Growth in Fintech

InvoiceCloud, a leading provider of online billing and payment services, today announced the relocation of its headquarters to Boston's Seaport district, highlighting the company's momentum and commitment to the city's technology and fintech community.

Yahoo Finance
Sep 18th, 2025
InvoiceCloud Customer and Leader Honored as Exceptional Women in Utilities by Women Who SPARK Awards

InvoiceCloud customer and leader honored as exceptional women in utilities by Women Who SPARK Awards.

LEX 18
Jul 17th, 2025
3 LEXserv customers reportedly affected by third-party 'security incident'

The affected customers, the release read, have received an official notice from InvoiceCloud regarding the security breach.

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