# Bill.com funding: rounds and investors > Bill.com has raised $317M across 10 rounds since 2007. Investors include DCM Ventures, Emergence and August Capital. Every round with its source. Source: https://millionrounds.com/company/bill-com (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Bill.com* 10 rounds we have observed, with the 32 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Funding summary Updated 26 Oct 2026 **$317M** raised across 10 rounds since 2007, from 10 sources **$2.1M** Series A **$6.5M** Series B **$8.5M** Series B **$8.5M** Series C **$16M** Series D **$38M** Series E **$50M** Series F **$100M** Round **$88M** Round - **Latest round:** Round, $88M Apr 2019 - **Led by:** Franklin Templeton - **Biggest round:** $100M Round · Oct 2017 - **Investors:** 32 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2007 2009 2011 2013 2015 2017 2019 **$2.1M** Series A **$6.5M** Series B **$8.5M** Series B **$8.5M** Series C **$16M** Series D **$38M** Series E **?** Series F **$50M** Series F **$100M** Round **$88M** Round - **First round:** Series A, $2.1M - **Biggest round:** $100M - **Usual gap between rounds:** 18 months ## The rounds - **Apr 2019** Round **$88M** *7 new* [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Lead [Temasek Holdings](https://millionrounds.com/fund/temasek) [MasterCard](https://millionrounds.com/fund/mastercard) [Cross Creek](https://millionrounds.com/fund/cross-creek) [FLEETCOR](https://millionrounds.com/fund/fleetcor) Fidelity Investments Canada ULC Kayne Anderson Rudnick Reported by FinSMEs - **Oct 2017** Round **$100M** *5 new* *4 returning* [SVB Capital](https://millionrounds.com/fund/svb-capital) [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [Emergence](https://millionrounds.com/fund/emergence) [ICON](https://millionrounds.com/fund/icon) Napier Park Temasek/ August Reported by FinSMEs SEC filing: $80M sold, first sale Jun 2017 - **Feb 2015** Series F **$50M** *1 new* *8 returning* [SVB Capital](https://millionrounds.com/fund/svb-capital) [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [August Capital](https://millionrounds.com/fund/august-capital) [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) [Bank of America](https://millionrounds.com/fund/bank-of-america) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [West Capital Advisors](https://millionrounds.com/fund/west-capital-advisors) [Napier Park Global](https://millionrounds.com/fund/napier-park-global) From a historical funding record SEC filing: $30M sold, first sale Dec 2014 - **Feb 2014** Series F **Amount undisclosed** *3 new* *2 returning* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [West Capital Advisors](https://millionrounds.com/fund/west-capital-advisors) [Burch Creative Capital](https://millionrounds.com/fund/burch-creative-capital) [Fifth Third Capital](https://millionrounds.com/fund/fifth-third-capital) From a historical funding record SEC filing: $38M sold, first sale Aug 2013 - **Nov 2013** Series E **$38M** *8 new* *6 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [August Capital](https://millionrounds.com/fund/august-capital) [Icon Ventures](https://millionrounds.com/fund/icon-ventures) [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) [Emergence](https://millionrounds.com/fund/emergence-capital-partners) [Bank of America](https://millionrounds.com/fund/bank-of-america) [Jafco Ventures](https://millionrounds.com/fund/jafco-ventures) [TTV Capital](https://millionrounds.com/fund/ttv-capital) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [West Capital Advisors](https://millionrounds.com/fund/west-capital-advisors) [Fifth Third Capital](https://millionrounds.com/fund/fifth-third-capital) [Napier Park Global](https://millionrounds.com/fund/napier-park-global) Peter Knight Reported by techcrunch.com SEC filing: $38M sold, first sale Aug 2013 - **Dec 2011** Series D **$16M** *2 new* *6 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [August Capital](https://millionrounds.com/fund/august-capital) [Icon Ventures](https://millionrounds.com/fund/icon-ventures) [Emergence](https://millionrounds.com/fund/emergence-capital-partners) [Jafco Ventures](https://millionrounds.com/fund/jafco-ventures) [TTV Capital](https://millionrounds.com/fund/ttv-capital) [Total Technology Ventures](https://millionrounds.com/fund/total-technology-ventures) Financial Partners Fund Reported by techcrunch.com SEC filing: $8.5M sold, first sale May 2010 - **Jun 2010** Series C **$8.5M** *4 new* *2 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [August Capital](https://millionrounds.com/fund/august-capital) [Icon Ventures](https://millionrounds.com/fund/icon-ventures) [Emergence](https://millionrounds.com/fund/emergence-capital-partners) [TTV Capital](https://millionrounds.com/fund/ttv-capital) [Total Technology Ventures](https://millionrounds.com/fund/total-technology-ventures) Reported by deals.venturebeat.com - **Aug 2009** Series B **$8.5M** *2 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Emergence](https://millionrounds.com/fund/emergence-capital-partners) Reported by venturebeat.com SEC filing: $7.5M sold, first sale Jul 2009 - **Sept 2007** Series B **$6.5M** *1 new* *1 returning* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Emergence](https://millionrounds.com/fund/emergence-capital-partners) From a historical funding record - **Jan 2007** Series A **$2.1M** *1 new* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Reported by demo.com ## Founders and team From the SEC filings it signed: 3 on the team. - **John Rettig** Executive Officer i - **Raj Aji** Executive Officer i - **Rene Lacerte** Executive Officer, Director i On the board, as filed i *Brian Jacobs* *David Chao* *David Hornik* *Mark Johnson* *Rory O'Driscoll* *Steve Piaker* *Tom Mawhinney* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2009 **Series C** 2010 **Series D** 2011 **Series E** 2013 **Series F** 2014 **Series F** 2015 **Round** 2017 **Round** 2019 [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Emergence](https://millionrounds.com/fund/emergence-capital-partners) [August Capital](https://millionrounds.com/fund/august-capital) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [Icon Ventures](https://millionrounds.com/fund/icon-ventures) [TTV Capital](https://millionrounds.com/fund/ttv-capital) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [West Capital Advisors](https://millionrounds.com/fund/west-capital-advisors) [SVB Capital](https://millionrounds.com/fund/svb-capital) [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) ## Everyone who backed them [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Private equity **8** rounds [Emergence](https://millionrounds.com/fund/emergence-capital-partners) VC firm **5** rounds [August Capital](https://millionrounds.com/fund/august-capital) VC firm **4** rounds [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) VC firm **3** rounds [Icon Ventures](https://millionrounds.com/fund/icon-ventures) VC firm **3** rounds [TTV Capital](https://millionrounds.com/fund/ttv-capital) VC firm **3** rounds [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) VC firm **3** rounds [West Capital Advisors](https://millionrounds.com/fund/west-capital-advisors) Family office **3** rounds [SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **2** rounds [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) VC firm **2** rounds [Bank of America](https://millionrounds.com/fund/bank-of-america) Company **2** rounds [Jafco Ventures](https://millionrounds.com/fund/jafco-ventures) Growth equity **2** rounds [Fifth Third Capital](https://millionrounds.com/fund/fifth-third-capital) Corporate VC **2** rounds [Total Technology Ventures](https://millionrounds.com/fund/total-technology-ventures) VC firm **2** rounds [Napier Park Global](https://millionrounds.com/fund/napier-park-global) Private equity **2** rounds [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **1** round, led 1 [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round [Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) VC firm **1** round [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **1** round [MasterCard](https://millionrounds.com/fund/mastercard) Corporate VC **1** round [Cross Creek](https://millionrounds.com/fund/cross-creek) VC firm **1** round [Burch Creative Capital](https://millionrounds.com/fund/burch-creative-capital) VC firm **1** round [Emergence](https://millionrounds.com/fund/emergence) Growth equity **1** round [ICON](https://millionrounds.com/fund/icon) Growth equity **1** round [FLEETCOR](https://millionrounds.com/fund/fleetcor) Corporate VC **1** round Fidelity Investments Canada ULC no record of our own yet **1** round Financial Partners Fund no record of our own yet **1** round Kayne Anderson Rudnick no record of our own yet **1** round Napier Park no record of our own yet **1** round Peter Knight no record of our own yet **1** round Temasek/ August no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bill-com). ## Quick answers about Bill.com ### Who invested in Bill.com? Bill.com's investors include DCM Ventures, Emergence, August Capital, Scale Venture Partners and Icon Ventures, and 27 more on record. Franklin Templeton led its latest round. ### How much has Bill.com raised? Bill.com has raised $317M across 10 rounds since 2007. One round did not disclose an amount, so the total is a floor. ### When did Bill.com last raise? Bill.com's most recent round was an Undisclosed round of $88M in Apr 2019, led by Franklin Templeton. ### What was Bill.com's biggest round? Bill.com's largest round on record is $100M (Undisclosed round), in Oct 2017. ### Who backed Bill.com first? Bill.com's first round on record, in Jan 2007, was backed by DCM Ventures. ### What stage is Bill.com at? Bill.com's latest named round is an Undisclosed round, in Apr 2019. ### Where is Bill.com based? Bill.com is based in the United States. ### Who led Bill.com's rounds? Franklin Templeton led the Undisclosed round in 2019. ## Companies like Bill.com In the same sector, and raised in the last eighteen months. [**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app