# Bill.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bill-com

- Industry: Software
- Headquarters: San Jose, US
- Website: www.bill.com/
- Total disclosed funding: $279M
- Latest round: Series H (Apr 2, 2019)
- Investors on record: 25

## About

Founded in 2006 and based in California, US, Bill.com, LLC is a provider of cloud-based software that simplifies and automates back-office financial operations. The company was founded by its CEO René Lacerte. In April 2019, Bill.com LLC raised USD 88 million in series H funding led by new investor Franklin Templeton Private Equity, and in June 2020, Bill.com, LLC raised USD 534.60 million in a private placement by selling its 7.2 million shares at USD 74.25 per share. As of 2019, the company has offices in San Jose, California, and Houston, Texas.

Bill.com has a software-as-a-service-based financial technology platform that provides digital payment management solutions to automate, track, and control cloud-based accounts along with accounts payable and accounts receivable solutions for businesses, accounting firms, and banks. The company provides bill workflow, payment processing, and business document filing services. Bill.com's electronic invoicing and mobile application management tools are used by financial institutions to maintain their online business banking ecosystems. The company’s client base includes JPMorgan Chase Commercial Bank, Wells Fargo, Commerce Bank, and First National Bank of Omaha.

The company generates revenue by providing its services to customers in a monthly based subscription model consisting of four packages: essentials, team, corporate, and enterprise that starts from USD 45 per month.

## Funding rounds

- Series H, Apr 2, 2019, $88M — Temasek Holdings, Fidelity Investments, Corpay, Inc., Cross Creek, Mastercard Start Path, Franklin Templeton Private Equity, Kayne Anderson Rudnick
- Series G, Jan 4, 2018, $2.5M — DCM, August Capital, One Equity Partners, Temasek Holdings, Silicon Valley Bank, Napier Park Global Capital, Scale Ventures
- Series G, Jun 21, 2017, $80M — Citi Capital Advisors, DCM, Temasek Holdings, Emergence Capital, American Express TBS, August Capital, Icon Ventures, JP Morgan Asset Management, Silicon Valley Bank, Napier Park Global Capital, Scale Ventures
- Series F, Dec 4, 2014, $30M — Fifth Third Bank, West Capital Advisors, Burch Creative Capital
- Series E, Aug 1, 2013, $38M — DCM, Emergence Capital, Fifth Third Bank, American Express TBS, August Capital, Scale Venture Partners, Bank of America, TTV Capital, Icon Ventures, Commerce Ventures, Napier Park Global Capital
- Series D, Dec 2, 2011, $16M — Citi Capital Advisors, DCM, Emergence Capital, August Capital, TTV Capital, Icon Ventures
- Series C, May 21, 2010, $8.5M — DCM, Emergence Capital, August Capital, Icon Ventures
- Series B, Jul 22, 2009, $7.5M — DCM, Emergence Capital, August Capital
- Series B, Sep 24, 2007, $6.5M — DCM, Emergence Capital
- Series A, Jan 1, 2007, $2.1M — DCM

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Series A, Series B, Series C, Series D, Series E, Series G
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series B, Series C, Series D, Series E, Series G
- August Capital (https://capitalatlas.ai/funds/august-capital) — Series B, Series C, Series D, Series E, Series G
- Icon Ventures (https://capitalatlas.ai/funds/icon-ventures) — Series C, Series D, Series E, Series G
- Citi Capital Advisors — Series D, Series G
- TTV Capital (https://capitalatlas.ai/funds/ttv-capital) — Series D, Series E
- Fifth Third Bank — Series E, Series F
- American Express TBS — Series E, Series G
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series E
- Bank of America — Series E
- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Series E
- Napier Park Global Capital (https://capitalatlas.ai/funds/napier-park-global-capital) — Series E, Series G
- West Capital Advisors (https://capitalatlas.ai/funds/west-capital-advisors) — Series F
- Burch Creative Capital (https://capitalatlas.ai/funds/burch-creative-capital) — Series F
- Temasek Holdings — Series G, Series H
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series G
- Silicon Valley Bank — Series G
- Scale Ventures (https://capitalatlas.ai/funds/scale-ventures) — Series G
- One Equity Partners (https://capitalatlas.ai/funds/one-equity-partners) — Series G
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series H
- Corpay, Inc. — Series H
- Cross Creek (https://capitalatlas.ai/funds/cross-creek) — Series H
- Mastercard Start Path (https://capitalatlas.ai/funds/mastercard-start-path) — Series H
- Franklin Templeton Private Equity — Series H
- Kayne Anderson Rudnick — Series H