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- BillGO
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
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
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
Sectors
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2023 | Series B | BankTech Ventures (lead) | $5M | BillGO 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 2020 | Undisclosed stage | Cohen Circle; Capital One Ventures; Costanoa Ventures | $60M | - |
| Jul 2020 | Series A | - | $12M | - |
| Jun 2019 | Series A | USAA (lead); Peter Kight; Commerce Ventures | $34M | BillGO 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 2018 | Series A | Costanoa 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Oct 2018 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Lead | Jun 2019 | ||
This data is available for Pro users. Sign up to see all 7 BillGO investors. Start Free Trial | ||||
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Start Free TrialAcquisitions 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
| 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 Country | |
| HQ City | Seattle, WA |
| Deal Date | 15 Oct 2018 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all BillGO acquisitions and their M&A valuation multiples. Start Free Trial | |
BillGO Competitors
BillGO competitors include listed companies like Block, PayPal, Fiserv and LPL Financial, and private ones like Stripe and Ant Group.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $6.9B | - | $159B | 23.0x | ||
| Private | $25B | - | $79B | 3.2x | ||
| Publicly listed | $24B | $2.2B | $46B | 1.6x | ||
| Publicly listed | $33B | $7.2B | $45B | 1.4x | ||
| Publicly listed | $21B | $8.9B | $26B | 2.8x | ||
| Publicly listed | $17B | $2.2B | $26B | 1.6x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $24B | $2.2B | 1.7x | 1.6x | 18.6x | 9.4x | |||
| $33B | $7.2B | 1.4x | 1.4x | 6.6x | 6.9x | |||
| $21B | $8.9B | 2.5x | 2.8x | 6.1x | 6.4x | |||
| $17B | $2.2B | 1.9x | 1.6x | 14.8x | 10.7x | |||
| $2.9B | $389M | 2.4x | 2.1x | 17.7x | - | |||
| $1.1B | $466M | 5.7x | 5.4x | 13.3x | 13.7x | |||
| $3.6B | $1.2B | 2.4x | 3.5x | 7.3x | 14.4x | |||
| $1.8B | $456M | 3.3x | 3.1x | 12.8x | 10.9x | |||
This data is available for Pro users. Sign up to see all BillGO competitors and their valuation data. Start Free Trial | ||||||||
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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