About FastBill
FastBill is a Technology company based in Essen (Germany) founded in 2007, and was acquired by FreshBooks in October 2021. Accounting and invoice management solutions are offered for businesses. It operates in the Technology and Financial Services sectors. The company has 32 employees. Its website fastbill.com draws about 191 thousand monthly visits. FastBill offers products and services including Invoicing Tool, Bookkeeping App, and Financial Overview Dashboard. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Quote to Cash. Its legal entity is FastBill GmbH. Its competitors include Denario, Moojo and JustOn; 2 of its 3 listed competitors have raised funding.
Company details
FastBill was founded in 2007 in Essen, Germany, as a provider of accounting and invoice management software in the financial technology sector. Core operations include recurring invoice handling, bookkeeping, receipt recognition, account reconciliation, document export, and management of income, expenses, and surpluses. The platform supports data management and is accessible through multiple subscription plans for business users.
- Headquarters Essen, Germany
- Employees 32
- Stage Acquired
- SectorsTechnologyFinancial Services
- Website category Computers Electronics and Technology · Programming and Developer Software
- Website fastbill.com
- Social LinkedIn
- Acquired by FreshBooks (Oct 2021)
- Legal Name Fastbill Gmbh
- InvestorsFreshBooks
& 2 more
- Employee Count32
- Acquired byFreshBooks
(Oct 2021)
Products & Services of FastBill
FastBill offers a comprehensive portfolio of products and services, including Invoicing Tool, Bookkeeping App, and Financial Overview Dashboard.
Software for creating and sending professional invoices quickly.
App for automatic receipt management and financial reporting.
Dashboard for tracking income, expenses, and customer payments.
Funding Insights of FastBill
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of FastBill with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in FastBill
FastBill has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FreshBooks, FinLab AG and coparion.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage fintech and blockchain companies are incubated and funded. | 2000 | finlab.de | Frankfurt Am Main, Germany | |
Venture capital funding for young German technology companies. | coparion.vc | |||
Cloud-based invoicing and accounting software is offered for businesses. | 2003 | freshbooks.com | Toronto, Canada |
Investor details for FastBill
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
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People of FastBill
8 people are tracked at FastBill (4 in leadership, 4 in team); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
Benjamin Kirschner | CMO & Geschäftsführer | Leadership |
René Maudrich | Founder & CEO | Leadership |
Martin Emmert | CTO | Leadership |
Kira Balmert-Schäfer | Head of Customer Management | Leadership |
Melanie Petersen | Senior Content Marketing Manager | Team |
Doretta Farnbacher | Werkstudentin im Bereich SEO und Online-Marketing | Team |
Jascha Motamedian | Third Level Support | Team |
Peter C. | Software Developer | Team |
Complete people profiles for FastBill
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 FastBill
3 dated milestones of FastBill across 14 years, from founding to its latest funding, stage changes and deals.
- Founded FastBill is founded.
- Funding First funding round.
- Exit Acquired by FreshBooks.
Competitors of FastBill
FastBill has 3 listed competitors in our database, 2 of them funded. They include Denario, Moojo and JustOn.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| denario.io | 2021 | Berlin, Germany | $1.5M | Invoice management and payment solutions are offered to businesses. | ||
| getmoojo.com | 2021 | Berlin, Germany | $2M | Accounting and invoicing automation is provided for freelancers online. | ||
| juston.com | 2010 | Jena, Germany | 15 | Automates billing, invoicing, and financial management in Salesforce platform. |
Detailed competitors of FastBill
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of FastBill
The website of FastBill (fastbill.com) receives about 190.6K visits a month and ranks #119,060 among all websites worldwide, #2,687 in Programming and Developer Software.
- Monthly visits190.6K
▼ 15% vs previous month
- Unique visitors41.2K
per month
- Global rank#119,060
among all websites
- Category rank#2,687
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate26%
- Pages per visit11.7
- Average visit7 min 53 sec
- DevicesDesktop 84% · Mobile 16%
Websites whose visitors overlap most with FastBill. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| billomat.com | 100% | #1,034,813 | View details | ||
| trello.com | 92% | 77.5M | #491 | View details | |
| github.com | 84% | 542.6M | #65 | View details | |
| miro.com | 84% | 29.8M | #2,113 | View details | |
ilovepdf.com | ilovepdf.com | 77% | #124 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for FastBill
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Fastbill
Complete news archive for FastBill
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Frequently Asked Questions about FastBill
FastBill was founded in 2007 and raised its 1st funding round 10 years after it was founded.
FastBill is headquartered in Essen, Germany. It is registered at Essen, North Rhine-westphalia, Germany.
FastBill has 32 employees.
FastBill was founded in 2007 in Essen, Germany, as a provider of accounting and invoice management software in the financial technology sector. Core operations include recurring invoice handling, bookkeeping, receipt recognition, account reconciliation, document export, and management of income, expenses, and surpluses. The platform supports data management and is accessible through multiple subscription plans for business users.
FastBill offers Invoicing Tool, Bookkeeping App, and Financial Overview Dashboard.
FastBill has 3 investors. Key investors include FreshBooks, FinLab AG, and coparion.
FastBill operates through Fastbill Gmbh.
Yes. FastBill was acquired by FreshBooks in October 2021.
The website of FastBill receives about 191 thousand visits a month and ranks #119,060 among all websites worldwide.