Bill.com has secured $38 million in financing from new and existing investors, which include venture capital firms, financial institutions, and individuals.
Bill.com has raised $80 million to date, with this latest round earmarked for supporting integrations with financial institutions, marketing for direct and accountant efforts, and product research and development.
Led by new investor Scale Venture Partners, the round also included participation from Bank of America, American Express, Fifth Third Bank, founder of CheckFree founder Pete Kight, and Commerce Ventures, as well as all of Bill.com’s previous investors.