Routable automates business payments for enterprise and mid-market companies, handling the full payment lifecycle from invoicing to payout. It streamlines accounts payable and receivable by using OCR to scan invoices and generate payables, reducing processing time and enabling either monthly batches or real-time payouts. The platform integrates with banks and financial institutions (such as Currency Cloud and CFSB) to offer electronic money services and secure transfers, funded by a mix of subscription fees and per-transaction charges. Routable differentiates itself through end-to-end automation, a strong security posture with a dedicated Infrastructure and Security team, and a customer-focused culture that emphasizes empathy and reliable support. The companyโs goal is to help businesses operate payments more efficiently, cut manual work, and win large enterprise deals by delivering secure, scalable payment automation.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$46.2M
Headquarters
San Francisco, CA
Founded
2017
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Total Funding
$46.2M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Routable - Funding & investors. Last updated: October 13, 2026 Routable's funding rounds. Routable has raised a total of $47.7M over 6 funding rounds: 3 Seed and 3 Early-Stage round s. Routable's largest funding round so far was a Series B round for $***** in Apr 2021. Here is the list of all funding rounds of Routable: | Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors | | Apr 15, 2021 | 6476004 | Series B | 5424068 | 5434526 | 8513377 | 1245936 | | Aug 10, 2020 | 8480087 | Series A | 4936662 | 7012332 | 9564720 | Jason Gardner & 5 more | | Jun 06, 2019 | 1591640 | Series A | 4832399 | 8015336 | 7833538 | 2258608 | | Jan 12, 2018 | 4022006 | Seed | 6115779 | 5084337 | 7122613 | 3333815 | | 2017 | 2454 | Seed | 5848 | 5634 | Y Combinator | 6906 | | May 25, 2017 | 6609519 | 366679 | 4350013 | 7783888 | 2654289 | 1780199 | Routable's investors. Routable has total 25 investor s, 11 are institutional investors including Y Combinator and 10 others, 14 are Angel investors including Jack Altman and 13 others. Here is the list of institutional investors of Routable: * Y Combinator, located in Mountain View (United States), made their first investment in Routable on 2017 in its Seed round. Are you a Founder? FAQs about Routable's funding and investors. Explore latest companies that raised funding recently * http://infinigence-ai.com - raised a funding of $344M in Series C round held on Oct 12, 2026. * Scarlet - raised a funding of $50M in Series B round held on Oct 12, 2026. * Sonilo - raised a funding of $11M in Series B round held on Oct 12, 2026. * The Data Foundation - raised a funding of $30M in Series C round held on Oct 12, 2026. * BioConsortia - raised a funding of $15M in Series E round held on Oct 12, 2026.
Anchorage Digital acquires Routable to bring stablecoins into corporate payments. The federally chartered crypto bank is buying a fast-growing payment platform and plans to add stablecoin and tokenized deposit settlement over the coming quarters 2 hours ago Sponsored: Vera - AI-powered prediction market intelligence, built for serious analysts Explore Vera Anchorage Digital, the first federally chartered crypto bank in the US, has acquired Routable, a payment orchestration platform founded in 2017. The deal was announced on October 6, 2026. The pitch is simple. Routable already moves large volumes of fiat to vendors and contractors. Anchorage wants that same pipe to carry stablecoins and tokenized deposits too. What Anchorage is buying. Routable's specialty is payment orchestration. For a company paying thousands of drivers, suppliers, or partners, that layer handles the scheduling, routing, and reconciliation that finance teams would otherwise juggle by hand. The platform has been on a tear. Routable posted over 100% growth in each of the last two years. Its client roster includes delivery logistics company Veho, insurance firm Ethos, and electric vehicle maker Polestar. Those are real operating businesses with real payout needs, not crypto-native experiments. Routable has also drawn backing from some recognizable names. Investors include OpenAI chief Sam Altman and Airbnb co-founder Joe Gebbia. A new name and a new set of rails. After the acquisition, the company will operate as Routable by Anchorage Digital. Anchorage expects to roll out stablecoin and tokenized deposit settlement over the coming quarters. Those options would sit alongside the traditional fiat transactions Routable already processes. AI, tech, and the markets they move - in one daily briefing. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. A stablecoin is a token designed to hold a steady value, usually pegged to the dollar. A tokenized deposit is a bank deposit represented on a blockchain, so it can move like a token while remaining a bank liability. Anchorage brings the regulated back end. The bank offers stablecoin issuance, custody, and settlement infrastructure built for institutions. Routable brings the front end that corporate finance teams actually log into. How Anchorage got here. Anchorage has spent years positioning itself as the compliance-friendly option in crypto. Its federal charter makes it a rare entity: a crypto company regulated as a national bank. The firm also holds licenses in Singapore and New York. The Routable deal follows a major capital raise. In February 2026, Tether invested $100 million in Anchorage, lifting the bank's valuation to $4.2 billion. What this means for institutions and the stablecoin market. Routable gives Anchorage a door into the corporate payments conversation. Instead of selling stablecoins as a new asset class, it can offer them as one more payment option inside a tool companies already use. The inclusion of tokenized deposits is also worth watching. Banks and regulators have shown interest in that model as a bank-native alternative to privately issued stablecoins. By supporting both, Anchorage avoids betting on a single winner. There are open questions. The stablecoin and tokenized deposit features are slated for the coming quarters, not available today. Execution will depend on how smoothly Anchorage can integrate its infrastructure without disrupting the fiat business that drove Routable's growth. Customer appetite is another variable. Clients like Veho, Ethos, and Polestar signed up for efficient fiat payouts. Whether they, and companies like them, opt into digital settlement will be the real test of the strategy. Disclosure: This article was edited by Kaye Quema. For more information on how Cryptobriefing create and review content, see its Editorial Policy.
Anchorage Digital has acquired Routable, a corporate payment platform. The deal aims to integrate stablecoin and tokenised deposit offerings into corporate payment infrastructure. Routable will operate under a new brand following the acquisition. The combined entity plans to roll out integrated stablecoin and tokenised deposit products over the coming quarters. The acquisition expands Anchorage Digital's capabilities in corporate payment rails, positioning the company to offer blockchain-based payment solutions to businesses. Financial terms of the transaction were not disclosed.
Routable, the leading accounts payable automation platform, announced the availability of FedNow instant payments for Routable customers.
"The promise of OCR has long been unfulfilled, leaving finance and accounting professionals feeling discouraged. With the latest advances in AI and machine learning, Routable is able to not only deliver on that promise, but also take it further," said Omri Mor, CEO and Co-founder of Routable
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$46.2M
Headquarters
San Francisco, CA
Founded
2017
Find jobs on Simplify and start your career today
We update Routable's jobs every few hours, so check again soon!Browse all jobs