Bill.com

Bill.com to Offer $1.0 Billion of Common Stock

Retrieved on: 
Tuesday, September 21, 2021

Bill.com Holdings, Inc. (NYSE: BILL) (Bill.com) today announced that it proposes to offer pursuant to an underwritten public offering (the offering) $1.0 billion in shares of its common stock (the shares), subject to market conditions and other factors.

Key Points: 
  • Bill.com Holdings, Inc. (NYSE: BILL) (Bill.com) today announced that it proposes to offer pursuant to an underwritten public offering (the offering) $1.0 billion in shares of its common stock (the shares), subject to market conditions and other factors.
  • Jefferies LLC, Deutsche Bank Securities Inc., Barclays Capital Inc. and KeyBanc Capital Markets Inc. are acting as bookrunners for the offering.
  • Canaccord Genuity LLC, Needham & Company, LLC, Nomura Securities International, Inc., Oppenheimer & Co. Inc., Piper Sandler & Co. and William Blair & Company, L.L.C.
  • This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

Bill.com Completes Acquisition of Invoice2go

Retrieved on: 
Wednesday, September 1, 2021

We are thrilled to welcome the Invoice2go team to Bill.com, said Ren Lacerte, Bill.com CEO and Founder.

Key Points: 
  • We are thrilled to welcome the Invoice2go team to Bill.com, said Ren Lacerte, Bill.com CEO and Founder.
  • We have long-admired the companys dedication to serving SMBs and helping them with their digital transformation journeys, said Mark Lenhard, CEO of Invoice2go.
  • Having Invoice2go has already been so helpful, and Im excited to hear they can offer me even more support by joining Bill.com.
  • - Larry Kammerer, Partner in Charge, Outsourced Finance & Accounting, Moss Adams
    Bill.com completed its acquisition of Invoice2go for approximately $625 million (75% in Bill.com stock and 25% in cash).

First Cohort of Silicon Valley Accelerator for Black Owned Businesses Announced

Retrieved on: 
Wednesday, September 1, 2021

"We are proud to bring together a diverse ecosystem of corporations, educational institutions, philanthropic organizations, and cross-sector collaborators as partners, funders, and mentors.

Key Points: 
  • "We are proud to bring together a diverse ecosystem of corporations, educational institutions, philanthropic organizations, and cross-sector collaborators as partners, funders, and mentors.
  • "Congratulations to the entrepreneurs selected as winners for the inaugural Accelerating Black Leadership and Entrepreneurship program," said Ren Lacerte, Bill.com CEO and Founder.
  • Seeding African Diaspora Network's Accelerating Black Leadership and Entrepreneurship program aligns with Silicon Valley Community Foundation's ongoing commitment to investing in efforts that strengthen communities of color and support the leaders within those communities," said Nicole Taylor, president and CEO, Silicon Valley Community Foundation.
  • Since 2010, the African Diaspora Network has energized collaboration among Silicon Valley entrepreneurs, philanthropists and African Diasporans to uplift its local community towards the benefit of Africa.

NIRI San Francisco Announces Board Officers and Directors for the 2021-2022 Fiscal Year

Retrieved on: 
Thursday, August 12, 2021

In fiscal 2021, the NIRI San Francisco board leveraged the power of collaboration across the entire NIRI national organization to execute its key initiatives.

Key Points: 
  • In fiscal 2021, the NIRI San Francisco board leveraged the power of collaboration across the entire NIRI national organization to execute its key initiatives.
  • The San Francisco board also supported NIRIs advocacy efforts in Washington, which influenced proposed regulatory changes at the SEC.
  • The San Francisco chapter was one of eleven NIRI chapters to submit a comment letter to the SEC in response to proposed amendments to its 13F disclosure rules.
  • NIRI San Francisco provides resources for IR best practices, thought leadership in the capital markets, and advocacy in Washington, D.C.

Billtrust to Participate in the KeyBanc Technology Leadership Forum on August 12, 2021

Retrieved on: 
Thursday, July 29, 2021

BTRS Holdings Inc. (Billtrust or the Company) (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, today announced that Steve Pinado, President, will be participating in a fireside chat at the KeyBanc Technology Leadership Forum on Thursday, August 12, 2021 at 1:20 pm ET.

Key Points: 
  • BTRS Holdings Inc. (Billtrust or the Company) (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, today announced that Steve Pinado, President, will be participating in a fireside chat at the KeyBanc Technology Leadership Forum on Thursday, August 12, 2021 at 1:20 pm ET.
  • Billtrust (NASDAQ: BTRS) is a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce.
  • Accounts receivable is broken and relies on conventional processes that are outdated, inefficient, manual and largely paper based.
  • Billtrust is at the forefront of the digital transformation of AR, providing mission-critical solutions that span credit decisioning and monitoring, online ordering, invoice delivery, payments and remittance capture, invoicing, cash application and collections.

Atera Announces $77 Million Funding Round from General Atlantic at Half a Billion Valuation

Retrieved on: 
Wednesday, July 28, 2021

With this latest funding round, Atera will focus on driving further global expansion and developing new product innovations that continue to transform the IT industry with its revolutionary cloud-based technology.

Key Points: 
  • With this latest funding round, Atera will focus on driving further global expansion and developing new product innovations that continue to transform the IT industry with its revolutionary cloud-based technology.
  • Atera's platform enables managed service providers (MSPs) and IT departments to tackle IT challenges in an ever-evolving landscape.
  • With Atera's technology, IT professionals can shift from a reactive model to become proactive problem solvers, whether in the office or remotely.
  • Following K1 Investment Management's investment in the company in February 2021, this latest investment from General Atlantic brings Atera's funding to date to over $100 million, more than tripling the company's first funding round and bringing the valuation of the company to half a billion dollars in less than one year.

The Top Accounts Receivable Software Vendors According to the FeaturedCustomers Summer 2021 Customer Success Report Rankings

Retrieved on: 
Tuesday, July 27, 2021

SUNRISE, Fla., July 27, 2021 /PRNewswire-PRWeb/ --Today FeaturedCustomers published the Summer 2021 Accounts Receivable Software Customer Success Report to give prospects better insight on which Accounts Receivable Software would work best for their business according to real customer references.

Key Points: 
  • SUNRISE, Fla., July 27, 2021 /PRNewswire-PRWeb/ --Today FeaturedCustomers published the Summer 2021 Accounts Receivable Software Customer Success Report to give prospects better insight on which Accounts Receivable Software would work best for their business according to real customer references.
  • The highest rated vendors according to the Summer 2021 Accounts Receivable Software Customer Success Report are:
    Market Leaders Bill.com, BillingPlatform, Billtrust, HighRadius, Sage Intacct, Stripe, and Versapay were given the highest "Market Leader" award.
  • About the Accounts Receivable Software Customer Success Report:
    The customer success report is based on over 1,700 pieces of verified customer reference content.
  • Of the vendors listed in the FeaturedCustomers' Accounts Receivable Software category, 19 vendors met the minimum requirements needed to be considered for the customer success report.

1Password valued at $2 billion in latest $100M investment round

Retrieved on: 
Tuesday, July 27, 2021

TORONTO, July 27, 2021 /PRNewswire/ -- 1Password, a leader in security and privacy, today announced their latest round of funding that now values the company at $2 billion.

Key Points: 
  • TORONTO, July 27, 2021 /PRNewswire/ -- 1Password, a leader in security and privacy, today announced their latest round of funding that now values the company at $2 billion.
  • "This investment from a range of industry luminaries signals a commitment to protecting businesses and families.
  • Since 1Password's last round in 2019, they have scaled to more than 90,000 business customers, crossed $120M in ARR and accelerated revenue growth.
  • "1Password is an incredible success story of the Canadian tech ecosystem and has massive potential ahead of it.

Bill.com to Acquire Invoice2go, a Leader in Accounts Receivable Software for Small Businesses

Retrieved on: 
Monday, July 19, 2021

Invoice2go is a leading, mobile-first accounts receivable (AR) software provider that empowers small businesses and freelancers to grow their client base, manage invoicing and payments, build their brand, and much more.

Key Points: 
  • Invoice2go is a leading, mobile-first accounts receivable (AR) software provider that empowers small businesses and freelancers to grow their client base, manage invoicing and payments, build their brand, and much more.
  • With offices in Sydney, Australia and Palo Alto, California, Invoice2go serves a large global customer base of small businesses.
  • The acquisition will enhance Bill.coms current accounts receivable offering and supports Bill.coms mission to make it simple to connect and do business.
  • Bill.com is a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses.

Brightflag Releases Bill.com Integration, Uniting Corporate Legal & Finance Teams

Retrieved on: 
Tuesday, June 15, 2021

Brightflag customers using Bill.com can now automatically ensure invoices submitted by legal vendors include the correct cost code allocations and currencies before reaching financial approvers.

Key Points: 
  • Brightflag customers using Bill.com can now automatically ensure invoices submitted by legal vendors include the correct cost code allocations and currencies before reaching financial approvers.
  • "Brightflag has always been focused on helping in-house legal teams better align with the rest of the business," said Barry O'Melia, Brightflag's VP of Product.
  • Using Brightflag, corporate legal teams achieve visibility into their operations, streamline internal workflows, and engage with outside counsel more efficiently.
  • Brightflag serves a global community of corporate legal teams and their outside counsel partners from offices in New York, Dublin, and Sydney.