A missing waiver can hold up a perfectly good invoice. Levelset built a business around that awkward fact - and Procore bought it for approximately $500 million.
Construction payments come wrapped in waivers, deadlines and state-by-state rules. Handle turned that paperwork trap into a software platform now touching more than $160 billion in invoices and financial workflows.
Two Stanford classmates spent two decades building a debt company most people never heard of. Then they renamed it Achieve, wired it to AI, and bet 2 million struggling households on one idea: do the customer's math first.
Dill is a San Francisco fintech, founded in 2022 and backed by Y Combinator (W23), that helps construction wholesalers, distributors, and suppliers get paid faster. Its software digitizes the paper-heavy back office of the building-materials trade - online credit applications, accounts-receivable automation, white-labeled payment portals, and lien-rights tracking - and plugs into distribution ERPs like Epicor Prophet 21 and Eclipse. The pitch is simple: suppliers spend less time chasing invoices and more time selling.
Billtrust is a cloud-based fintech that automates the entire order-to-cash and invoice-to-cash cycle for B2B businesses - credit decisioning, online ordering, invoice delivery, payments, cash application, and collections. Founded in 2001 by Flint Lane, it went public via SPAC in 2021 (Nasdaq: BTRS) and was taken private by EQT in late 2022 for about $1.7 billion. Its Business Payments Network connects buyers, suppliers, and banks to move trillions in B2B payments with far less manual work.