Bill.com

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General Info
  • Corporate name: Bill.com Inc.
  • Founded: /2009
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Short Description:

Bill.com is an on-demand accounts payable application for CPAs and small and midsized businesses. Bill.com users can receive, route and pay invoices electronically — they never have to touch a paper bill again — resulting in time and cost savings to finance personnel of over 50% versus manual accounts payable and check writing processes. Invoices are emailed, scanned or faxed into the Bill.com service.

Long Description:

Bill.com is an on-demand accounts payable application for CPAs and small and midsized businesses. Bill.com users can receive, route and pay invoices electronically — they never have to touch a paper bill again — resulting in time and cost savings to finance personnel of over 50% versus manual accounts payable and check writing processes. Invoices are emailed, scanned or faxed into the Bill.com service. Digital images of invoices are then routed electronically for approval, ensuring a complete audit trail and eliminating lost or mishandled paper. Bill.com handles check printing and mailing as well as electronic payments, and uses enterprise-class fraud protections that are impractical for small and midsized businesses to implement on their own. Bill.com integrates with popular desktop and on-demand accounting packages, ensuring consistency of financial data and streamlined financial planning, reporting and audit activities. Bill.com has received numerous awards including a 2009 Innovation Award from CPA Technology Advisor, a 4-star rating from PC Magazine, a 2010 Barlow Monarch Innovation Award for innovation in financial services, and was recently named to the Red Herring Global 100.

 
Location
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  • Area:
  • State: California
  • Country: United States
  • City: Palo Alto
Industry
 
Fundings
Funding Total: $23,500,000
Round Date Amount Pre Amount Post Amount
Series C 06/16/2010 $8,500,000
Investors: August Capital, DCM, Emergence Capital Partners, JAFCO Ventures Funding: Bill.com Raises $8.5 Million in Series C Funding
Series D 12/08/2011 $15,000,000
Investors: August Capital, DCM, Emergence Capital Partners, Financial Partners Fund, JAFCO Ventures, Total Technology Ventures Funding: Bill.com Raises $15 M of Series D Funding
 
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