About Sensibill
Sensibill is a company based in Toronto (Canada) founded in 2012 was acquired by Q2 Software in October 2022. It operates as a SaaS (Software-as-a-Service), API-as-a-Product, and FinTech. Sensibill has raised $46.48 million across 4 funding rounds from investors including Canadian Imperial Bank of Commerce, Q2 and National Bank of Canada. Sensibill offers products and services including Spend Manager, Spend Insights, Receipt Extraction API, and Invoice Extraction API. Sensibill operates in a competitive market with competitors including Conta Simples, AppZen, Jenji, Mendel and Brightflag, among others.
- Headquarter Toronto, Canada
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Sensibill Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.48 M (USD)
in 4 rounds
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Latest Funding Round
$5 M (USD), Debt – Conventional
May 20, 2020
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Investors
Canadian Imperial Bank of Commerce
& 11 more
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Employee Count
Employee Count
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Acquired by
Q2 Software
(Oct 03, 2022)
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Products & Services of Sensibill
Sensibill offers a comprehensive portfolio of products and services, including Spend Manager, Spend Insights, Receipt Extraction API, and Invoice Extraction API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Spend data is managed for customer financial insights.
Customer spend insights are provided for financial institutions.
Receipt data is extracted for financial service providers.
Invoice data is extracted for financial management purposes.
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Funding Insights of Sensibill
Sensibill has successfully raised a total of $46.48M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5 million completed in May 2020. 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 Funding
- Total Rounds 4
- Last Round Debt – Conventional — $5.0M
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First Round
First Round
(26 Mar 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Debt – Conventional - Sensibill | Valuation |
investors |
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| Jul, 2019 | Amount | Series B - Sensibill | Valuation | Radical Ventures | |
| Mar, 2017 | Amount | Series A - Sensibill | Valuation | Information Venture Partners , First Ascent Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sensibill
Sensibill has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Q2 and National Bank of Canada. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on fintech & enterprise SaaS sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on technology companies
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Founded Year | Domain | Location | |
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Venture capital firm focused on AI-driven companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sensibill
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sensibill
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sensibill Comparisons
Competitors of Sensibill
Sensibill 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 Conta Simples, AppZen, Jenji, Mendel and Brightflag, 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 |
Digital bank for businesses
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| domain | founded_year | HQ Location |
Personal Assistant for Expense Management
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| domain | founded_year | HQ Location |
AI-based expense management software is offered for businesses.
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| domain | founded_year | HQ Location |
Expense analysis and management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
AI-based legal spend management software is offered for corporate lawyers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sensibill
Frequently Asked Questions about Sensibill
When was Sensibill founded?
Sensibill was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Sensibill located?
Sensibill is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Sensibill a funded company?
Sensibill is a funded company, having raised a total of $46.48M across 4 funding rounds to date. The company's 1st funding round was a Series A of $12.98M, raised on Mar 26, 2015.
What does Sensibill do?
Sensibill Inc. is focused on delivering a customer data platform tailored for financial services. Everyday customer spend data is collected, synthesized, and actioned to enable personalization at scale. Deep SKU-level insights are unlocked to understand customer behaviors across life stages and lifestyles. Data from transactions, receipts, and invoices is consolidated and enriched with merchant and product information. Predictive insights are surfaced to drive revenue through psychographic customer profiles. Solutions are offered for financial wellness, SMB spend management, customer insights, card usage, loyalty programs, and accounting needs.
Who are the top competitors of Sensibill?
Sensibill's top competitors include Conta Simples, Brightflag and AppZen.
What products or services does Sensibill offer?
Sensibill offers Spend Manager, Spend Insights, Receipt Extraction API, and Invoice Extraction API.
Who are Sensibill's investors?
Sensibill has 12 investors. Key investors include Canadian Imperial Bank of Commerce, Q2, National Bank of Canada, Ontario Centre of Innovation, and Information Venture Partners.