Company Overview
About Routable
Routable is an accounts payable and mass payments automation platform helping businesses streamline vendor payments, contractor payouts, and reimbursements. Founded in 2017 and based in San Francisco, Routable provides a developer-friendly API alongside a no-code dashboard for finance teams managing high-volume outbound payments. The platform supports domestic ACH, check, and international wire transfers to 220+ countries, with real-time payment tracking and automated reconciliation.
Business Model & Competitive Advantage
The company raised $31.5 million in Series B funding in 2021, backed by Costanoa Ventures and other investors, and has continued growing its enterprise customer base through 2024. Routable differentiates through its approval workflow engine, which allows finance controllers to build multi-step approval chains for large payments, and its contractor payment hub that handles 1099 tax form collection alongside payment processing.
Competitive Landscape 2025–2026
In 2025, Routable serves finance teams at growth-stage and mid-market companies processing billions in annual payment volume. The platform has expanded into embedded payments, allowing software companies to add AP automation directly into their products via white-label infrastructure. Routable competes with Tipalti, Bill.com, and Melio in the SMB-to-enterprise AP automation market, differentiating on API quality, developer documentation, and flexibility for non-standard payment workflows.
Open Positions
Reddit Discussions
Key Differentiators
Emerging Innovator
Routable is an emerging player bringing innovative solutions to the Finance market.
Frequently Asked Questions
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