Bill It Now

Old Saybrook, United States Founded: 2004 • Age: 22 yrs Acquired By Insurity
Online invoice management solutions are provided for businesses.
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About Bill It Now

Bill It Now is a company based in Old Saybrook (United States) founded in 2004 by Christopher Pesce was acquired by Insurity in October 2020.. Bill It Now has raised $300 thousand across 1 funding round from investors including Insurity. The company has 14 employees as of December 31, 2019. Bill It Now operates in a competitive market with competitors including Bill.com, PaySimple, Paymentus, Melio and Lili, among others.

  • Headquarter Old Saybrook, United States
  • Employees 14 as on 31 Dec, 2019
  • Founders Christopher Pesce
  • Sectors
    Technology
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $0
    0
    as on Dec 06, 2017
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $300 K (USD)

    in 1 rounds

  • Latest Funding Round
    $300 K (USD), Seed

    Dec 06, 2017

  • Investors
  • Employee Count
    14

    as on Dec 31, 2019

  • Acquired by
    Insurity

    (Oct 22, 2020)

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People of Bill It Now
Headcount 500-1000
Employee Profiles 2
Employee Profiles
People
Chris Smith
Director Of Business Development

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Teams

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Funding Insights of Bill It Now

Bill It Now has successfully raised a total of $300K through 1 strategic funding round. The most recent funding activity was a Seed round of $300 thousand completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $300,000
  • First Round

    (06 Dec 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Seed - Bill It Now Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bill It Now

Bill It Now has secured backing from 1 investor. Prominent investors backing the company include Insurity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Insurity is recognized for providing cloud-native insurance software solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bill It Now

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bill It Now

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bill It Now Comparisons

Employees
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Competitors of Bill It Now

Bill It Now operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bill.com, PaySimple, Paymentus, Melio and Lili, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based accounts payable and receivable software for businesses
domain founded_year HQ Location
Online payment and invoicing solutions are offered to small businesses.
domain founded_year HQ Location
Comprehensive billing and payment solution provider
domain founded_year HQ Location
Blood-based pathogen detection devices are manufactured for healthcare applications.
domain founded_year HQ Location
Digital banking services are offered to freelancers.
domain founded_year HQ Location
Cloud-based cash flow management is provided for payers and vendors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bill It Now

Hartford’s Insurity Acquires Ct Billing Firm
Hartfordbusiness5 years ago
Insurity Acquires Bill It Now
Finsmes5 years ago
Insurity Acquires Billing Services Firm Bill It Now
Insurancejournal5 years ago

Frequently Asked Questions about Bill It Now

When was Bill It Now founded?

Bill It Now was founded in 2004 and raised its 1st funding round 13 years after it was founded.

Where is Bill It Now located?

Bill It Now is headquartered in Old Saybrook, United States. It is registered at Old Saybrook, Connecticut, United States.

Is Bill It Now a funded company?

Bill It Now is a funded company, having raised a total of $300K across 1 funding round to date. The company's 1st funding round was a Seed of $300K, raised on Dec 06, 2017.

How many employees does Bill It Now have?

As of Dec 31, 2019, the latest employee count at Bill It Now is 14.

What does Bill It Now do?

Founded in 2004 and based in Old Saybrook, United States, Bill It Now operates in the financial software sector. Customized invoicing, scheduled billing, commission distribution, and reporting features are included in its online platform. Online payments through credit card and ACH methods are also supported, aiding business financial operations.

Who are the top competitors of Bill It Now?

Bill It Now's top competitors include Bill.com, Paymentus and Lili.

Who are Bill It Now's investors?

Bill It Now has 1 investor. Key investors include Insurity.

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