Windsor Drake
Transaction · Vertical SaaS Payments · 2021

Bill.com / Invoice2go 2021

Bill.com acquired Invoice2go for $625M on September 1, 2021.

Target
Invoice2go
Acquirer
Bill.com
Deal value
$625M
Deal type
Mixed
Announced
September 1, 2021
Sub-sector
Vertical SaaS Payments

Bill.com adds mobile-first AR and invoicing platform for solopreneurs and microbusinesses, extending its SMB footprint downmarket.

Deal value
$625M
Target revenue
—
Target EBITDA
—
EV / Revenue
—
EV / EBITDA
—
Announcement
September 1, 2021
Close date
September 1, 2021
Acquirer
Bill.com (Strategic)
Target HQ
United States
Deal type
Mixed
Sub-sector
Vertical SaaS Payments

Source: investor.bill.com

Other transactions in Vertical SaaS Payments

Primary Event type Counterparty Value Sub-sector Date
Deliverr Transaction Shopify $2.1B Vertical SaaS Payments May 5, 2022
Pry Financials Transaction Brex $90M Vertical SaaS Payments February 15, 2022
ClassPass Transaction Mindbody Vertical SaaS Payments October 21, 2021
Levelset Transaction Procore Technologies $500M Vertical SaaS Payments September 23, 2021
xtraCHEF Transaction Toast $60M Vertical SaaS Payments July 21, 2021
Divvy Transaction Bill.com $2.5B Vertical SaaS Payments May 6, 2021