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Ratio

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Automate bill payments with features like invoice data extraction, approval management, and payment scheduling to optimize cash flow

Toronto, CanadaFounded 2022Fintech
Valuation $1–2.5B Last recorded · 2022
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ratio and the history behind them.

About Ratio

Ratio Payments, founded in 2021 and headquartered in Toronto, Canada, specializes in automating accounts payable processes for businesses. Their platform streamlines invoice management by automatically extracting data, matching invoices to purchase orders, and facilitating approvals through customizable workflows. It also enables bulk payments via ACH/EFT, integrating seamlessly with existing accounting software such as QuickBooks, Sage, Xero, and NetSuite. This integration ensures data synchronization and reduces manual data entry, enhancing efficiency and accuracy in financial operations. Ratio Payments primarily serves small and medium-sized businesses, aiming to simplify financial management and improve cash flow. The company has attracted investment from firms like TTV Capital, Better Tomorrow Ventures, and ACP Partners, supporting its mission to innovate in the financial technology sector.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Toronto, Canada
Employees
2
Open positions
None listed
Dealroom signal
58.6/100
Industry
Fintech
Sub-industry
Payments, Financial Management Solutions
Sector
Fintech, Rumoured $1B
Business model
SaaS
Client focus
b2b, b2c

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Aug 2022 $317M $1.3B TTV Capital · Better Tomorrow Ventures · Asymmetric Capital Partners · Feldventures ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

Ratio website traffic

Latest recorded traffic for Ratio is 110 monthly website visits, down 73.2% over the last three months. Ratio's team declined 33.3% over the past year.

Latest monthly visits110 3-month web change-73.2% 1-year team growth-33.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • TTV Capital
  • Better Tomorrow Ventures
  • Asymmetric Capital Partners
  • Feldventures
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇦 Canada100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ratio on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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