Invoice Management Company Stampli Raises $25 Million

Invoice management company Stampli Inc. has announced on Wednesday the completion of a $25 million series B round led by San Francisco-based venture capital firm SignalFire. Existing investors Bloomberg Beta, Hillsven Capital, and Palo Alto, California-based venture firm UpWest Labs also participated, as did new investor NextWorld Capital. This round brings Stampli’s total funding raised to date to $32 million, according to company statements.

Founded in 2013 by Israeli brothers Eyal and Ofer Feldman and headquartered in Mountain View, California, Stampli offers interactive, cloud-based invoice management software. Stampli processes more than $12 billion in invoices annually, according to the company. The company employs a team of 50 in California and Tel Aviv.