Bill.com

OverviewSuggest Edit

Bill.com is a provider of cloud-based software that aims to simplify, digitize, and automate back-office financial processes for small and mid-sized businesses. Its AI-enabled platform automates the entire transaction lifecycle and delivers its customer-facing products, including accounts payable, accounts receivable, and payments, along with myriad value-added services. The company offers its services to businesses, accounting firms, and banks.

TypePublic
Founded2006
HQPalo Alto, CA, USMap
Websitebill.com
Employee Ratings4More
Overall CultureB-More

Recent NewsAll News

Latest Updates

Employees (est.) (Jun 2020)618(+14%)
Revenue (FY, 2020)$157.6 M(+46%)
Share Price (Jan 2021)$127.7
Cybersecurity ratingBMore

Key People/Management at Bill.com

Rene Lacerte

Rene Lacerte

CEO and Founder
John Rettig

John Rettig

Chief Financial Officer
Andy Cohen

Andy Cohen

SVP of Sales
Raj Aji

Raj Aji

SVP, General Counsel and Chief Compliance Officer
Jacqueline Hendy

Jacqueline Hendy

SVP of Human Resources
Miguel Lopez

Miguel Lopez

SVP of Customer Success
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Bill.com Office Locations

Bill.com has offices in Palo Alto and Houston
Palo Alto, CA, US (HQ)
1810 Embarcadero Rd
Houston, TX, US
2103 CityWest Blvd 12th floor
Show all (2)

Bill.com Financials and Metrics

Bill.com Revenue

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Bill.com's revenue was reported to be $157.60 m in FY, 2020
USD

Revenue (Q1, 2021)

46.2m

Gross profit (Q1, 2021)

34.1m

Gross profit margin (Q1, 2021), %

73.8%

Net income (Q1, 2021)

(13.0m)

EBIT (Q1, 2021)

(13.8m)

Market capitalization (15-Jan-2021)

10.4b

Closing stock price (15-Jan-2021)

127.7

Cash (30-Sept-2020)

564.2m

EV

9.9b
Bill.com's current market capitalization is $10.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

64.9m108.4m157.6m

Revenue growth, %

67%

Cost of goods sold

19.4m29.9m39.1m

Gross profit

45.5m78.4m118.5m
Quarterly
USDQ1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

22.4m35.2m39.1m41.2m46.2m

Cost of goods sold

6.3m9.1m9.8m10.1m12.1m

Gross profit

16.1m26.0m29.3m31.1m34.1m

Gross profit Margin, %

72%74%75%75%74%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

22.4m90.3m573.6m

Accounts Receivable

2.3m4.4m4.3m

Prepaid Expenses

6.1m12.3m26.8m

Current Assets

1.0b1.5b2.4b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

86.2m314.9m228.6m564.2m

Accounts Receivable

3.7m4.8m3.4m5.0m

Prepaid Expenses

13.9m15.8m25.1m15.4m

Current Assets

1.6b1.9b1.8b2.4b
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(7.2m)(7.3m)(31.1m)

Depreciation and Amortization

2.3m3.2m

Accounts Payable

(563.0k)3.2m(1.6m)

Cash From Operating Activities

(8.4m)(3.9m)(4.4m)
Quarterly
USDQ1, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(884.0k)(5.7m)(13.3m)(21.6m)(13.0m)

Depreciation and Amortization

765.0k985.0k2.1m

Accounts Payable

1.0m508.0k1.1m(1.5m)1.6m

Cash From Operating Activities

(2.3m)(2.4m)(4.1m)(3.3m)(2.4m)
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USDFY, 2018

Revenue/Employee

193.0k

Debt/Equity

-0.1 x

Financial Leverage

-10.1 x
Show all financial metrics

Bill.com Operating Metrics

Bill.com's Customers was reported to be 81.4 k in Q1, 2020.
FY, 2018Q1, 2019FY, 2019Q1, 2020Dec, 2019

Customers

63.65 k67.51 k76.79 k81.37 k

Messages Sent per day

8 k

Products

3

Total Payment Volume

$49.59 b$15.51 b$71.28 b$21.98 b
Show all operating metrics

Bill.com Revenue Breakdown

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Bill.com revenue breakdown by business segment: 79.3% from Subscription and Transaction Fees and 20.7% from Interest on Funds Held for Customers

Bill.com Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

Learn more about our premium products
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Bill.com Online and Social Media Presence

Bill.com's Trends

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Bill.com Company Culture

  • Overall Culture

    B-

    74/100

  • CEO Rating

    B+

    78/100

  • Compensation

    C+

    71/100

  • Diversity

    D+

    61/100

Learn more on Comparably

Bill.com News and Updates

December 09, 2020

Bill.com and Wells Fargo team on Bill Manager

Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs) and Wells Fargo & Company (NYSE:WFC) today announced Bill Manager, a new joint offering now available to hel…
December 07, 2020

How Bill.com, The Boring Bookkeeper Of Fintech, Became One Of 2020’s Hottest Stocks

After being pushed out of his first startup, Rene Lacerte spent 13 years building his bill-paying company into a unicorn. Now, 20 months later, it’s worth $10 billion.
December 04, 2020

Bill.com stock gains after bullish analyst call

Shares of Bill.com Holdings Inc. are up more than 6% in Friday trading after Wolfe Research analyst Darrin Peller initiated coverage of the stock with an outperform rating and $170 price target. "The digitization of B2B [business-to-businsss] payments continues to be among the most underpenetrated …
November 18, 2020

Bill.com intros product for HNW clients

The company's offering is aimed at wealth management and accounting firms supporting high-net-worth clients.
November 06, 2020

Earnings Results: Bill.com tops earnings expectations as more small businesses get back to work, but stimulus questions linger

Back-office software company Bill.com Inc. delivered better-than-expected results Thursday as more small businesses saw their operations start to normalize.
September 12, 2020

DCM has already made nearly $1 billion off its $26 million bet on Bill.com

David Chao, the cofounder of the cross-border venture firm DCM, speaks English, Japanese, and Mandarin. But he also knows how to talk to founders. It’s worth a lot. Consider that DCM should see more than $1 billion from the $26.4 million it invested across 14 years in the cloud-based business-to-bus…
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Bill.com Blogs

October 21, 2020

QuickBooks Connect Virtual Event

Join us at QuickBooks Connect for live-streamed talks, interactive breakout sessions, virtual connection opportunities and more! Visit our virtual booth to schedule a meeting with an expert and demo our solutions. Date:  Wednesday, November 18, 2020 Display Date:  November 18, 2020 image:  Boo…
October 21, 2020

Increase Your Efficiency and Ensure Compliance with AP Automation

Not-for-Profit clients rely on their firms to step up and expand beyond traditional services, deliver greater strategic insight, and ensure compliance. Join Bill.com’s Brandon Roth at the AICPA 2020 Not-for-Profit virtual conference and discover why it’s time for companies and accounting firms to r…
October 21, 2020

Virtual Event: NetSuite Now On Air

Join us at NetSuite Now On Air for live keynotes, helpful breakout sessions, and more! Visit our virtual booth to enter to win an Amazon gift card. Date:  Friday, October 30, 2020 Display Date:  October 6 - 30, 2020 image:  Booth:  Visit the Bill.com virtual booth and chat with an expert Even…
October 20, 2020

Ramon Ray

Author First Name:  Ramon Author Last Name:  Ray Author Title and Company:  SmartHustle.com Bio:  Ramon Ray is founder of SmartHustle.com. He's a global speaker, best-selling author and producer. Full bio at http://www.ramonray.com. Picture:  Author Twitter Info:  @ramonray
October 16, 2020

Venu Murthi

Author First Name:  Venu Author Last Name:  Murthi Bio:  Venu Murthi, Vice President of Product Design & Research at Bill.com, is responsible for leading design strategy and product research to deliver efficient and intelligent experiences to the company’s customers. He brings in a customer-c…
October 05, 2020

Sage Intacct Advantage Virtual Experience

Join Erin Nevruz, Senior Product Marketing Manager, in a panel discussion and finance leaders for the inside scoop on AP automation: what it is; why AI and digital payments are critical to your workflow and your finance team’s success; and how to accelerate your AP transformation with Bill.com and …
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 Bill.com Frequently Asked Questions

  • When was Bill.com founded?

    Bill.com was founded in 2006.

  • Who are Bill.com key executives?

    Bill.com's key executives are Rene Lacerte, John Rettig and Andy Cohen.

  • How many employees does Bill.com have?

    Bill.com has 618 employees.

  • What is Bill.com revenue?

    Latest Bill.com annual revenue is $157.6 m.

  • What is Bill.com revenue per employee?

    Latest Bill.com revenue per employee is $255 k.

  • Who are Bill.com competitors?

    Competitors of Bill.com include HighRadius, Billtrust and Tipalti.

  • Where is Bill.com headquarters?

    Bill.com headquarters is located at 1810 Embarcadero Rd, Palo Alto.

  • Where are Bill.com offices?

    Bill.com has offices in Palo Alto and Houston.

  • How many offices does Bill.com have?

    Bill.com has 2 offices.