Layoff
Mar 2024A former employee posted on LinkedIn that they were part of a layoff at Routable in March 2024.
SourceCompany research
Public company, workplace, funding, and market signals
Overview
Routable is a remote-first AP automation and business payments platform that helps companies automate vendor onboarding, invoice processing, mass payouts, compliance, and reconciliation through an API-first workflow.
Primary product
AP automation and mass payout platform for B2B payments
Founded
2017
Headquarters
San Francisco, California, United States
Team size
50-60
Work style
Remote
Industry
Software Development
Sub-industry
AP automation and B2B payments
Offices
San Francisco, California, United States
2567 Mission St, San Francisco, CA 94110, United States
600 California St, San Francisco, CA 94108, United States
Business model
B2B SaaS subscription
API-first payments infrastructure
usage/volume-based pricing
implementation/professional services
Funding
Stage
Series B
Total raised
$46.2M
Latest round
Series B · Apr 2021
Latest amount
$30M
People & investors
Leadership
Co-founder & CEO
Co-founder & Chief Innovation Officer / Head of AI
Chief Technology Officer
Chief Product Officer
Vice President of Customer Success
Vice President of Finance
Work & culture
Remote-first, with core values centered on empathy, volunteer assistance, authenticity, ownership, and building with purpose; the company emphasizes curiosity, openness, and problem-solving.
Work style
Remote
Compensation
Public career pages mention competitive salaries and stock options, but do not publish role-level pay bands or explicit visa-sponsorship policy.
Benefits
Comprehensive health insurance
Life insurance
Disability insurance
Remote work stipend
Flexible vacation policy
12-week paid parental leave
Competitive salaries
Stock options
Product & market
Pricing
Transparent tiered subscription pricing with a Growth plan at $1,250/month and custom Scale/Enterprise plans; add-ons exist for advanced compliance and automation features.
Differentiators
- —API-first mass payouts and AP automation
- —White-labeled payee onboarding
- —Multi-rail payments across instant, ACH, check, wire, and international rails
- —Real-time two-way ERP sync
- —NetSuite and other accounting integrations
- —Compliance automation for tax forms and watchlist screening
- —FedNow and RTP instant payment support
- —Predictive bill coding and PO matching
- —No account creation required for payees in some flows
- —Public pricing instead of fully quote-only sales
Technology
REST API
JSON
HTTPS
webhooks
CSV bulk upload
OCR
two-way ERP sync
Oracle NetSuite
QuickBooks Online
Sage Intacct
Xero
FedNow
RTP
ACH
same-day ACH
Customers
Ethos
Postal by Sendoso
Seated
Decimal
Mothership
Excel Plumbing
Garmentory
Fora
Veho
Shyftoff
Vinitas Partners
City Flavor
Sol Systems
GoShare
Watkins Distributing
Competitors
Tipalti
Stripe Instant Payouts
Bill.com
Melio
Hyperwallet
Trolley
PayPal
Ramp
Brex
Sage Intacct AP workflows
Scale & contact
Estimated revenue
about $20M-$25M
Estimated monthly visits
22K
Signals & risks
Jobs and careers at Routable
0 jobs at Routable
No open positions
Check back later for new openings