BillGO Funding, Investors & Competitors

BillGO has raised $119M across 5 funding rounds, most recently a $5M Series B in October 2023.

Last BillGO funding round

$5M

Series B · Oct 2023

Cumulative funding BillGO raised

$119M

across 5 funding rounds

Key investors in BillGO

  • Costanoa Ventures
  • Commerce Ventures
  • Capital One Ventures
  • USAA
  • BankTech Ventures
  • Cohen Circle
  • Peter Kight

BillGO Overview

About BillGO

BillGO is a Denver-headquartered fintech delivering a unified bill pay platform for financial institutions, fintechs, billers, and consumers. Launched publicly in 2022, it supports flexible payment options to enhance financial management and relationships at billgo.com.


Founded

2015

HQ

United StatesFort Collins, CO

Website

billgo.com

Status

Privately held

Customer focus

B2B

Revenue model

Commission

BillGO Funding History

BillGO has raised a total of $119M across 5 funding rounds.

BillGO's first fundraising round was a $8M Series A in October 2018. The most recent completed round was a $5M Series B in October 2023.

BillGO funding rounds

BillGO funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2023Series BBankTech Ventures (lead)$5MBillGO is a bill payment platform founded in 2015 that serves consumers, small businesses, and financial institutions. The company enables users to manage bills and subscriptions in a single interface while facilitating secure digital payments. BillGO's platform includes features such as real-time bill pay and a Pay Later option for small businesses to manage installment payments. In October 2023, BillGO raised a Series B extension round totaling $37 million, with BankTech Ventures participating as an investor contributing $5 million. The company has raised a cumulative $143.53 million across seven funding rounds as of January 2024. According to reports from early 2024, BillGO achieved profitability in 2024 and serves approximately 32 million users.
Aug 2020Undisclosed stageCohen Circle; Capital One Ventures; Costanoa Ventures$60M-
Jul 2020Series A-$12M-
Jun 2019Series AUSAA (lead); Peter Kight; Commerce Ventures$34MBillGO is a fintech company providing real-time bill pay solutions to consumers, check conversion for small and medium-sized billers, and the largest eBills network, with its technology used by 30 million consumers and 8,000 banks and credit unions as of mid-2019. The company positions itself to transform bill payments by consolidating bill viewing, management, and real-time payments, leveraging the ACH Network. USAA led the funding round around June 2019, joined by Commerce Ventures and Checkfree founder Pete Kight (referred to as Peter Kight in some sources), marking USAA's investment in innovative fintech to enhance financial services for members. This appears to be BillGO's Series B round, part of a series including prior Series A and later extensions, with USAA Ventures participating in multiple rounds up to Series C in 2023. Later rounds include a Series A-1 Non-Voting in April 2019 raising $14.93M at a $170.66M valuation (possibly pre-money) and a Series B-1 in April 2023 at $468.27M post-money valuation.
Oct 2018Series ACostanoa Ventures$8M-

Who has invested in BillGO?

7 investors have backed BillGO across its funding rounds, including Costanoa Ventures, Commerce Ventures, Capital One Ventures, USAA, BankTech Ventures and Cohen Circle.

Lead investors include BankTech Ventures and USAA.


BillGO Investors

Investors in BillGO by funding rounds participated
InvestorHQRoundsRoleFirst check
Costanoa VenturesUnited StatesSan Francisco, CA2ParticipantOct 2018
Peter KightUnited StatesAtlanta, GA1ParticipantJun 2019
Cohen CircleUnited StatesNew York City, NY1ParticipantAug 2020
Capital One VenturesUnited StatesSan Francisco, CA1ParticipantAug 2020
USAAUnited StatesSan Antonio, TX1LeadJun 2019

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Acquisitions by BillGO

BillGO has acquired 1 company to date.

Last acquisition by BillGO was on October 15th 2018. BillGO acquired Prism for undisclosed valuation.


Latest Acquisitions by BillGO

Prism
Description
Prism is a personal finance mobile app available on iOS, Android, Windows, and Kindle that connects users to billers for automatic notifications and payments. The dashboard aggregates account balances from credit cards, debit cards, and banks to support budgeting and financial oversight.
HQ CountryUnited States
HQ City
Seattle, WA
Deal Date15 Oct 2018
Valuationundisclosed
EV/Revenue
EV/EBITDA

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BillGO Competitors

BillGO competitors include listed companies like Block, PayPal, Fiserv and LPL Financial, and private ones like Stripe and Ant Group.

Public and private companies comparable to BillGO
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
StripeUnited StatesSan Francisco, CAPrivate$6.9B-$159B23.0x
Ant GroupChinaHangzhouPrivate$25B-$79B3.2x
BlockUnited StatesUnited StatesPublicly listed$24B$2.2B$46B1.6x
PayPalUnited StatesUnited StatesPublicly listed$33B$7.2B$45B1.4x
FiservUnited StatesUnited StatesPublicly listed$21B$8.9B$26B2.8x
LPL FinancialUnited StatesUnited StatesPublicly listed$17B$2.2B$26B1.6x

BillGO Public Comps

BillGO is still privately-owned, but its public comps include Block, PayPal, Fiserv, LPL Financial, BGC Group, Temenos, Marex Group, ACI Worldwide, Paymentus and dLocal.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Block$24B$2.2B1.7x1.6x18.6x9.4x
PayPal$33B$7.2B1.4x1.4x6.6x6.9x
Fiserv$21B$8.9B2.5x2.8x6.1x6.4x
LPL Financial$17B$2.2B1.9x1.6x14.8x10.7x
BGC Group$2.9B$389M2.4x2.1x17.7x-
Temenos$1.1B$466M5.7x5.4x13.3x13.7x
Marex Group$3.6B$1.2B2.4x3.5x7.3x14.4x
ACI Worldwide$1.8B$456M3.3x3.1x12.8x10.9x

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Common questions about BillGO

When was BillGO founded?BillGO was founded in 2015.
Where is BillGO headquartered?BillGO is headquartered in Fort Collins, CO, United States.
Is BillGO publicly listed?No, BillGO is a private, VC-backed company.
How much funding has BillGO raised?BillGO has raised $119M across 5 funding rounds.
What was BillGO's last funding round?BillGO's last funding round was a $5M Series B in October 2023, led by BankTech Ventures.
Who are BillGO's investors?BillGO's investors include Costanoa Ventures, Peter Kight, Cohen Circle, Capital One Ventures, USAA, Commerce Ventures and BankTech Ventures.
Which companies are comparable to BillGO?Companies comparable to BillGO include Stripe, Ant Group, Block, PayPal, Fiserv and LPL Financial.
How many companies has BillGO acquired?BillGO has acquired 1 company, including Prism.

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