Routable announced that the company has raised $30 million in Series B funding. The round was led by Sam Altman, CEO of Open AI and former president of Y Combinator, and Jack Altman, CEO of Lattice. Additional investors include Flexport as well as angel investors, including Max Mullen (Instacart), Joe Gebbia (Airbnb), Aaron Levie (Box), Marc Benioff (TIME Ventures), Gokul Rajaram (DoorDash), Lachy Groom (formerly of Stripe) and Scott Belsky (Behance). Having already become the B2B payments platform of choice for fast growing mid-market companies that need to regularly send a high volume of payments, Routable will use this funding to scale its team to expand upmarket into the enterprise space.

Routable is the simplest way to send and receive business-to-business payments. The secure invoice and bill payment platform helps companies speed up their business payments. The company was founded in 2017 by Tom Harel and Omri Mor and has raised $46 million to date. Routable is primarily a remote team, with headquarters in San Francisco and Seattle.