About Smart Bill
Smart Bill is a Technology company based in Sibiu (Romania) founded in 2006, and was acquired by Visma in December 2019. Invoicing and inventory software is provided for small businesses. Smart Bill has raised $1.1 million across 2 funding rounds from investors including Visma, Gecad Ventures and Catalyst Romania. Its website smartbill.ro draws about 2.1 million monthly visits. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Account Payables & Receivables.
Company details
Smart Bill was founded in 2006 in Sibiu, Romania, where invoicing and inventory management software is developed for small and medium-sized businesses. The Romanian market is led by the company, which serves over 30,000 customers and processes more than 1 million bills each month, with annual invoice values exceeding 2 billion Euros. Features such as custom invoice templates, multiple currency support, integrations, multi-company handling, and an interactive dashboard are included.
Apps and channels of Smart Bill
Smart Bill publishes 3 mobile apps with over 105K+ downloads; its YouTube channel SmartBill has 10.6K subscribers and 30 videos.
Videos from Smart Bill
The most watched videos on Smart Bill's YouTube channel, SmartBill (10.6K subscribers). Click a video to play it here.
More on SmartBill.
Funding Insights of Smart Bill
Smart Bill has successfully raised a total of $1.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in March 2016. 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 $1.1M
- Total Rounds 2
- Last Round Seed — $1.1M
- Investors Count 2
All 2 funding rounds of Smart Bill 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 |
|---|---|---|---|---|---|
| Mar 2016 | $1.1M | Seed | – | – | |
| Oct 2013 | Angel Round | – | – | – |
3 investors in total: 3 institutional.
Investors in Smart Bill
Smart Bill has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Visma, Gecad Ventures and Catalyst Romania.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on cybersecurity, fintech, AI,ML, AR, VR, and IoT companies | 1992 | gecad.com | Bucharest, Romania | |
Catalyst Romania is recognized as a technology-focused venture capital firm. | 2012 | catalystromania.vc | Bucharest, Romania | |
Cloud-based ERP software is provided for business management across segments. | 1996 | visma.com | Oslo, Norway |
Investor details for Smart Bill
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 Smart Bill
3 people are tracked at Smart Bill (1 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Radu Hasan | Co-founder & Advisor | Leadership |
Ionut Salonariu | Product Manager | Team |
Andreea BEREA | Online Marketing / Growth Project Manager | Team |
Complete people profiles for Smart Bill
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 Smart Bill
4 dated milestones of Smart Bill across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Smart Bill is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.1M.
- Exit Acquired by Visma.
Web traffic of Smart Bill
The website of Smart Bill (smartbill.ro) receives about 2.1M visits a month and ranks #22,487 among all websites worldwide, #586 in Shipping and Logistics.
- Monthly visits2.1M
▼ 7.4% vs previous month
- Unique visitors268.9K
per month
- Global rank#22,487
among all websites
- Category rank#586
Business and Consumer Services · Shipping and Logistics
- Bounce rate35%
- Pages per visit6.3
- Average visit10 min 11 sec
- DevicesDesktop 84% · Mobile 16%
Websites whose visitors overlap most with Smart Bill. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
marketplace.emag.ro | marketplace.emag.ro | 100% | #57,039 | – | |
selfawb.ro | selfawb.ro | 97% | #71,731 | – | |
oblio.eu | oblio.eu | 97% | #37,045 | – | |
fgo.ro | fgo.ro | 91% | #86,450 | – | |
bursatransport.com | bursatransport.com | 91% | #84,857 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Smart Bill
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Smart Bill
Complete news archive for Smart Bill
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Frequently Asked Questions about Smart Bill
Smart Bill was founded in 2006 and raised its 1st funding round 7 years after it was founded.
Smart Bill is headquartered in Sibiu, Romania. It is registered at Sibiu, Sibiu County, Romania.
Smart Bill is a funded company, having raised a total of $1.1M across 2 funding rounds to date.
Smart Bill was founded in 2006 in Sibiu, Romania, where invoicing and inventory management software is developed for small and medium-sized businesses. The Romanian market is led by the company, which serves over 30,000 customers and processes more than 1 million bills each month, with annual invoice values exceeding 2 billion Euros. Features such as custom invoice templates, multiple currency support, integrations, multi-company handling, and an interactive dashboard are included.
Smart Bill has 3 investors. Key investors include Visma, Gecad Ventures, and Catalyst Romania.
Yes. Smart Bill was acquired by Visma in December 2019.
Yes. Smart Bill publishes SmartBill and 2 more apps, with over 105,000 downloads.
The website of Smart Bill receives about 2.1 million visits a month and ranks #22,487 among all websites worldwide.