# Invoice2go

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/invoice2go

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.invoice2go.com
- Total disclosed funding: $25M
- Latest round: Series C (Sep 11, 2018)
- Investors on record: 3

## About

Based in California, US, and founded in 2002, Invoice2go, Inc. is a provider of mobile-first accounts receivable (AR) software. The company was founded by Mr. Chris Strode. Currently, the company has approximately 160 small businesses that use the platform and employs its team from its offices in Redwood City, California, and Sydney, Australia. In July 2018, the company raised total funding of USD 60 million, and in July 2021, Bill.com acquired Invoice2go, Inc. for USD 625 million.

Invoice2go, Inc. provides a platform that empowers freelancers and small businesses with tools that simplify their day-to-day workflow. Its features include invoicing, payments, bank account, expense tracking, projects, integrations, estimates, client communications, customer reviews, instant websites, payroll, and reporting tools that allow micro and small business owners to manage cash flow, track work, and accept debit and credit cards straight through the application to expand their business.

The company generates revenue on a subscription basis and offers a variety of plans such as Starter, Professional, and Premium for a yearly subscription. In order to get their plan, clients can go to their website or download it from the Apple App Store or Google Play.

Following the acquisition by Bill.com in July 2021, Invoice2go plans to use Bill.com’s payments platform and market reach with the company's deep AR to provide an opportunity to offer SMBs and freelancers a platform to streamline their day-to-day financial operations and control their cash flow.

## Funding rounds

- Series C, Sep 11, 2018, $10M — Accel, Ribbit Capital, OCV Partners
- Series C, Oct 9, 2015, $15M — Accel, Ribbit Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series C
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series C
- OCV Partners (https://capitalatlas.ai/funds/ocv-partners) — Series C