About Billhop
Billhop is a Technology company based in Stockholm (Sweden) founded in 2011 by Sebastian Andreescu, and was acquired by Ramp in March 2026. Accounts payable automation and credit card-based invoice payment solutions for businesses. It operates in the Technology and Financial Services sectors. Billhop has raised $20.67 million across 4 funding rounds from investors including Ramp, EQT Ventures and 13books Capital. Its chief executive, as recorded, is Sebastian Andreescu. Billhop offers products and services including Working Capital Solution and Tail Spend Solution. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its legal entity is BILLHOP AB. Its competitors include Ledyer, Lesslie and Magiro; 1 of its 3 listed competitors has raised funding.
Company details
Billhop was founded in 2011 in Stockholm, Sweden, within the fintech sector. Accounts payable processes are automated, and invoice payments via credit cards from MasterCard, VISA, and AMEX are enabled for businesses and consumers. Recipients bank details, OCR numbers, references, and bill amounts are entered by users to complete transactions. Operations focus on streamlining bill payments across Europe.
- Headquarters Stockholm, Sweden
- Founders Sebastian Andreescu
- Stage Acquired
- SectorsTechnologyFinancial Services
- Email••••••••
- Website billhop.com
- Social LinkedIn X Facebook
- Acquired by Ramp (Mar 2026)
- Legal Name Billhop Ab
Products & Services of Billhop
Billhop offers a comprehensive portfolio of products and services, including Working Capital Solution and Tail Spend Solution.
Enables enterprises to optimize cash flow via credit card payments
Facilitates payments to non-card suppliers for process efficiency
Funding Insights of Billhop
Billhop has successfully raised a total of $20.67M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $11.86 million completed in February 2022. 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 $20.67M
- Total Rounds 4
- Last Round Series B — $11.86M
- First Round $2.13M
(Mar 2016)
- Investors Count 6
All 4 funding rounds of Billhop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $11.86M | Series B | – | EQT Ventures | |
| Feb 2021 | $4.85M | Series A | – | 13books Capital | – |
| Oct 2017 | $1.83M | Series A | – | – | |
| Mar 2016 | $2.13M | Series A | – | Almi Invest |
7 investors in total: 4 institutional and 3 angel.
Investors in Billhop
Billhop has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ramp, EQT Ventures and 13books Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and innovation sectors. | eqtventures.com | |||
Venture capital investments are provided to fintech startups. | 13bookscapital.com | |||
Multiple sectors are invested in by corporate-backed Almi Invest. | almi.se/Almi-Invest/ | Lund, Sweden | ||
Spend management and accounts payable solutions are delivered to businesses. | 2019 | ramp.com | New York, United States | |
PO Per Otto Hyland | unknown_2cbc94c91ba544f99 | |||
MB Martin Bauml | Angel investor and strategist, ex-Google, focusing on Indian startups | unknown_f8e79191ca2343b8b | ||
LS Lars Stromberg | unknown_dbfbd57afa6a40ae9 |
Investor details for Billhop
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Billhop
3 people are tracked at Billhop (3 in leadership).
| Name | Role | Group |
|---|---|---|
Sebastian Andreescu | Co-Founder & CEO | Leadership |
Ingemar Sjögren | CFO | Leadership |
Nellie L. | Head of Controlling | Leadership |
Complete people profiles for Billhop
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Billhop
4 dated milestones of Billhop across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Billhop is founded.
- Funding First funding round of $2.1M.
- Funding Latest funding round, Series B, of $11.9M.
- Exit Acquired by Ramp.
Competitors of Billhop
Billhop has 3 listed competitors in our database, 1 of them funded. They include Ledyer, Lesslie and Magiro.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ledyer.com | 2021 | Stockholm, Sweden | Account receivables solution for businesses | |||
| lesslie.se | 2020 | Stockholm, Sweden | $1.72M | International payment solutions are provided by Lesslie for businesses. | ||
| magiro.se | 2020 | Bromma, Sweden | Delivers cloud-based payment management solutions for tax businesses. |
Detailed competitors of Billhop
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Billhop
The website of Billhop (billhop.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▲ 329.2% vs previous month
Websites whose visitors overlap most with Billhop. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
kreditkortsval.se | kreditkortsval.se | 100% | #6,555,827 | – |
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Related news about Billhop
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Frequently Asked Questions about Billhop
Billhop was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Billhop is headquartered in Stockholm, Sweden.
Sebastian Andreescu is the CEO of Billhop, as recorded in our data. They have also founded this company.
Billhop is a funded company, having raised a total of $20.67M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.13M, raised on Mar 2016.
Annual revenue of Billhop is $6.59M as on Dec 31, 2022.
Billhop was founded in 2011 in Stockholm, Sweden, within the fintech sector. Accounts payable processes are automated, and invoice payments via credit cards from MasterCard, VISA, and AMEX are enabled for businesses and consumers. Recipients bank details, OCR numbers, references, and bill amounts are entered by users to complete transactions. Operations focus on streamlining bill payments across Europe.
Billhop offers Working Capital Solution and Tail Spend Solution.
Billhop has 7 investors. Key investors include Ramp, EQT Ventures, 13books Capital, Almi Invest, and Per Otto Hyland.
Billhop operates through Billhop Ab.
Yes. Billhop was acquired by Ramp in March 2026.