Bill.com

Bill.com

Financial platform for managing business operations

About Bill.com

Simplify's Rating
Why Bill.com is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$337.6M

Headquarters

San Jose, California

Founded

2006

Overview

Bill.com provides a platform for businesses to manage their financial operations, including creating and paying bills, sending invoices, managing expenses, and controlling budgets. The platform automates various financial tasks, making it easier for businesses to handle accounts payable and receivable, as well as expense management. Unlike many competitors, Bill.com also offers access to credit lines, which range from $500 to $5 million, along with free software and a corporate card. The goal of Bill.com is to increase efficiency, control, and visibility in financial operations for small to medium-sized businesses and accounting firms.

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Funded Recently
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Simplify's Take

What believers are saying

  • Bill.com processed 30 million transactions, showing strong demand for automation.
  • AI integration reduces processing times, adding efficiency to Bill.com's platform.
  • Rising fintech interest could benefit Bill.com's innovative financial solutions.

What critics are saying

  • Increased competition from AI-native companies like Observo AI may pressure Bill.com.
  • Low AI adoption in the U.S. could slow uptake of Bill.com's AI solutions.
  • Bill.com's stock price drop from 2021 highs indicates potential investor concerns.

What makes Bill.com unique

  • Bill.com automates financial workflows for SMBs, a historically underserved market.
  • The platform integrates AI and machine learning to enhance financial operations.
  • Bill.com offers credit lines up to $5 million, combined with free software.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$337.6M

Above

Industry Average

Funded Over

10 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
PR Newswire
Feb 12th, 2025
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Bill’S 30 Million Transactions Highlight Demand For Small Business Automation

When it comes to digital transformation, small and medium-sized businesses (SMBs) need big help. That was the word from BILL during its second quarter 2025 earnings call Thursday (Feb. 6), where executives stressed that despite broader macroeconomic uncertainties, BILL is positioning itself as a financial automation leader for SMBs — a market historically underserved in digital financial services. “We delivered strong financial results and innovated at a rapid pace as we executed on our vision to be the de facto intelligent financial operations platform for SMBs,” said René Lacerte, BILL CEO and founder. “Today, more than 480,000 businesses rely on BILL to manage their day- to-day financial workflow. We are moving fast to address a vast market opportunity to transform the financial operations for millions of SMBs.”

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Jan 31st, 2025
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Observo’S Ai-Native Data Pipelines Cut Noisy Telemetry By 70%, Strengthening Enterprise Security

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. The AI boom has set off an explosion of data. AI models need massive datasets to train on, and the workloads they power — whether internal tools or customer-facing apps — are generating a flood of telemetry data: logs, metrics, traces and more.Even with observability tools that have been around for some time, organizations are often struggling to keep up, making it harder to detect and respond to incidents in time. That’s where a new player, Observo AI, comes in. The California-based startup, which has just been backed by Felicis and Lightspeed Venture Partners, has developed a platform that creates AI-native data pipelines to automatically manage surging telemetry flows. This ultimately helps companies like Informatica and Bill.com cut incident response times by over 40% and slash observability costs by more than half.The problem: rule-based telemetry controlModern enterprise systems generate petabyte-scale operational data on an ongoing basis. While this noisy, unstructured information has some value, not every data point is a critical signal for identifying incidents

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