BillingPlatform lands $90m growth equity investment from FTV Capital

BillingPlatform secures a $90 million growth equity investment from FTV Capital.
FTV Capital’s Kyle Griswold and Richard Liu to join BillingPlatform’s board of directors as part of the investment.
The Colorado-based enterprise plans to use the funding to accelerate innovation, product development, and go-to-market expansion.
BillingPlatform boasts a three-year revenue growth rate of 296%.
CEO Dennis Wall emphasizes that the partnership provides financial and strategic resources for customer support and ambitious growth goals.
The company’s cloud-based billing and revenue management solution targets industries like technology, financial services, media, entertainment, logistics, and communications.
BillingPlatform has raised a total of $104 million, including a $10 million investment in its Series B round in December 2019.
The company has established notable partnerships across the financial services industry, including collaborations with JP Morgan Payments, Juniper Square, and Dext.