How Bill hit $80M revenue and 66K customers in 2018.
com is a US-based cash flow management software system, provided as a software as a service that integrates with accounting and banking systems.
2008
Founded
$80M
2018 Revenue
-----
YOY
$277.6M
Funding
Bill Revenue
In 2018, Bill revenue run rate hit $80M in revenue.
-
2018
Bill hit $80M in revenue in 2018
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2008
Bill launched in 2008 with $0 revenue
Bill Funding History
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2018 Series H
Bill raised a Series H of in April, 2018
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2017 Series G
Bill raised a Series G of in October, 2017
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2015 Series F
Bill raised a Series F of in February, 2015
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2014 Series E
Bill raised a Series E of in September, 2014
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2014 Series F
Bill raised a Series F of in February, 2014
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2013 Series E
Bill raised a Series E of in November, 2013
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2011 Series D
Bill raised a Series D of in December, 2011
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2010 Series C
Bill raised a Series C of in June, 2010
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2009 Series B
Bill raised a Series B of in August, 2009
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2007 Series B
Bill raised a Series B of in September, 2007
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| April, 02 2018 | Series H | ||
| October, 10 2017 | Series G | ||
| February, 11 2015 | Series F | ||
| September, 15 2014 | Series E | ||
| February, 11 2014 | Series F | ||
| November, 12 2013 | Series E | ||
| December, 08 2011 | Series D | ||
| June, 16 2010 | Series C | ||
| August, 04 2009 | Series B | ||
| September, 24 2007 | Series B |
Team
Bill has 726 total employees and 106 sales reps that carry a quota. They have 66,000 customers an engineering team of 163 and a marketing team of 33.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 726 |
| Engineer | 163 (22%) |
| Sales | 106 (15%) |
| Marketing | 33 (5%) |
Founder / CEO
Rene Lacerte
René Lacerte is a fintech entrepreneur and the founder and CEO of Bill.com, one of the nation's leading business payments networks. At Bill.com, he works with some of the nation’s largest banks and accounting firms to redefine how business payments are made. René founded Bill.com in 2006 after recognizing that business owners needed a way to simplify payments so they could focus on their business. He is a fourth-generation entrepreneur and has over 20 years of experience in the finance, software, and payments industries. Prior to Bill.com, René founded PayCycle, the first and largest online payroll solution which was acquired by Intuit in 2009. Early in his career, he spent five years at Intuit, growing its bill payment and credit card businesses and launching Intuit’s first connected payroll product. René was an E&Y Entrepreneur of the Year national finalist and the Northern California winner in 2017. For seven years in a row he has been named one of the 100 most influential people in the accounting industry by Accounting Today. He is a graduate of Stanford University, where he received an M.S. in industrial engineering and a B.A. in quantitative economics.
Q&A
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What's your age?
51
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Favorite online tool?
21:53 Google Docs
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Favorite book?
The Advantage
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Favorite CEO?
Pete Kite (CheckFree), Bill Campbell
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Advice for 20 year old self
Don't stress over the hard decisions
Customers
Churn
Bill Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Rene Lacerte | CEO | [email protected] | - |
Bill Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Rene Lacerte | CEO | [email protected] | - |
Frequently Asked Questions about Bill
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When was Bill founded?
Bill was founded in 2008.
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How much revenue does Bill generate?
Bill generates $80M in revenue.
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Who is the CEO of Bill
The CEO of Bill is Rene Lacerte.
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How much funding does Bill have?
Bill raised $277.6M.
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How many employees does Bill have?
Bill has 726 employees.
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Where is Bill headquarters?
Bill is headquartered at Palo Alto, California, 94303, United States
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