Bill.com

Bill.com is a company based in San Jose, California, that provides automated, cloud-based software for financial operations.[1][2][3] A white-labeled, end-to-end payments automation platform, Bill.com Connect is offered to financial institutions as part of their single sign-on online business banking ecosystem.[1]

Bill.com Holdings, Inc.
TypePublic
IndustryTechnology
Founded2006 (2006)
HeadquartersSan Jose, California, U.S.
Key people
Rene Lacerte (CEO)
Websitebill.com

History

In September 2021, Bill.com closed the acquisition of Invoice2Go for $625 million, an AR mobile-first company, extending the company's reach to serve sole proprietors.[4]

In June 2021, Bill.com closed the acquisition of Divvy for $2.5 billion, a leading spend management company that modernizes finances for businesses by combining expense management software and smart corporate cards into a single platform.[4]

In early 2020, Bill.com moved its headquarters to San Jose, California.[3]

In December 2019, Bill.com IPOed.[5]

In October 2019, Bill.com started offering new capabilities to help mid-market companies automate their AP/AR functions.[6]

References

  1. "When Distribution Trumps Product". 24 February 2020.
  2. "Bill.com to Report Second Quarter Fiscal 2022 Financial Results on February 3, 2022". www.wsj.com. Retrieved 2022-02-10.
  3. "Bill.com, fresh from IPO, will shift headquarters to San Jose". The Mercury News. 2020-01-10. Retrieved 2022-02-10.
  4. "Bill.com CEO touts small and medium business opportunity". MSN. Retrieved 2022-02-10.
  5. Bary, Emily. "Bill.com stock surges 60% after IPO in a sign that the software market is still hot". MarketWatch. Retrieved 2022-02-10.
  6. PYMNTS (2019-10-17). "Bill.com Enhances AR With AP In Platform Update". www.pymnts.com. Retrieved 2021-03-14.
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