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The intelligent way to create and pay bills, send invoices, and get paid

The intelligent way to create and pay bills, send invoices, and get paid

Bill.com is a leading provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and mid-sized businesses. our customers come from all industries, ranging from startups to established brands and nonprofits to franchises.recent research shows that 90% percent of surveyed u.s. businesses still rely on paper checks and other manual processes.issues like long approval cycles and missing information on invoices are the leading cause of payment delays and missed discounts. it's a time-consuming, inefficient, and costly way to work.

we have been helping businesses streamline their financial workflow, generate and process invoices, streamline approvals, send and receive payments, sync with their accounting system, and manage their cash. as a result, we are central to accounts payable and accounts receivable operations for businesses.
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Latest Stories and News

When distribution trumps product

  • Andreessen Horowitz
  • 3 months ago

Bill. com offers the sort of unglamorous, workhorse software that’s often taken for granted (accounts payable/receivable). So how did it become one of 2019's top IPOs?

Seema Amble reveals what startups can learn from the company's viral growth strategy.

When distribution trumps product

The new unicorns of 2019

  • Crunchbase News
  • 5 months ago

In 2019, unicorns were far from mythical and Crunchbase followed them every step of the way. This year (as of Dec. 25, 2019) 142 companies joined the Crunchbase Unicorn Board. This is less than the 2018- all time high of 158 companies, and above 2017 (102 companies), 2016 (87 companies) and 2015 (106 companies). To qualify for this distinction, venture-backed privately held companies were valued in a funding round at $1 billion or more.

In the US, 78 new unicorns emerged in 2019, 11 more than in 2018. China unicorn creation slowed down substantially in 2019 with 22 new unicorns from a high of 58 in 2018. The next highest count of new unicorns is Germany and Brazil with five, a record for both countries. Israel, India, and the UK all report four new unicorns this year.

To understand 2019 through a different lens, let’s switch gears from the 2019 new unicorn cohort to funding to all unicorn companies. In 2019 unicorn companies raised $85.1 billion — down from 2018 at $139 billion, and 2017 at $93.8 billion.

The new unicorns of 2019

Bill.com's IPO pricing is good news for unprofitable startups

  • TechCrunch
  • 5 months ago

Business-to-business payments company Bill.com priced its IPO today at an above-range $22 per share. The firm, selling 9.82 million shares in its offering, will raise around $216 million at a roughly $1.6 billion valuation.

The company’s IPO pricing comes during a modestly uncertain time for unprofitable companies looking to go public. Following the WeWork IPO mess, concerns arose that growth-oriented companies might struggle to drum up investor interest when going public.

Bill.com’s offering makes it plain that not all loss-making companies are equal; the firm’s pricing journey indicates that its growth story resonated more with investors than concerns relating to its losses. The company had targeted a $16 to $18 per-share IPO price range. However, that range was raised to $19 to $21 per share yesterday, ahead of pricing.

Bill.com's IPO pricing is good news for unprofitable startups
Total raised

$122.6M

Funded over

6 rounds

Latest round

Feb 2015

Generous vacation

Company meals

Company meals

Free caltrain shuttle service

Pre-tax commuter benefits

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