Austin-based Invoiced Inks Deal with American Express to Provide Small and Mid-Sized Businesses a 40 Percent Discount on its Software

Invoiced, a bootstrapped startup based in Austin has struck a partnership with American Express.

The deal provides small and mid-sized businesses a 40 percent discount on Invoiced’s accounts receivable software for two years.

Customers must sign up for a subscription plan by March 12, 2022.

American Express through the partnership is expected to play an important role in how Invoiced scales its business, said Adam Weinroth, the company’s Chief Marketing Officer.

“It has the potential to be a game-changer,” he said.

The partnership with American Express was already underway before the Pandemic, Weinroth said. He had visited with American Express representatives in New York before the shelter in place orders went into effect, he said.

“Due to the Pandemic and how it can affect business for SMEs, the importance of this kind of solution has intensified,” he said.

Invoiced has 10 employees and is hiring five more by the end the year, Weinroth said.

Right now, Invoiced’s employees are working from home, Weinroth said. They are following the latest City of Austin and Travis County’s Shelter in Place order, which was extended until May 30^th.  The company had recently moved out Capital Factory to its own 2,500 square-foot headquarters off Southwest Parkway.

Invoiced, which has more than 20,000 companies on its platform, also this year struck a partnership deal with JPMorgan Chase & Co. that brought payment processing capability to Invoiced’s customers.