When was Billhop founded?

Billhop was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Where is Billhop located?

Billhop is headquartered in Stockholm, Sweden.

Who is the current CEO of Billhop?

Sebastian Andreescu of Billhop. They have also founded 1 company.

How many employees does Billhop have?

As of Sep 30, 2026, the latest employee count at Billhop is 13.

Is Billhop a funded company?

Billhop is a funded company, having raised a total of $20.7M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 11, 2016.

When was the latest funding round of Billhop?

Billhop's latest funding was a $***** Series B round on Feb 03, 2022, with participation from 2 investors.

Where does Billhop rank among its competitors?

Billhop ranks 17th amongst 326 active competitors, of which 60 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $782M in Jun, 2026.

Who are the top competitors of Billhop?

Billhop's top competitors include Ramp, NG.CASH and Payhawk. Among them, Ramp secured the most recent funding round in June, 2026.

Billhop - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of solution enabling businesses to pay suppliers via credit card. The solution allows businesses to manage working capital and tail spend. It offers features such as international payments, flexible payment options, and payment approval workflow. The platform provides easy reconciliation, payment security, and compliance.

Website: billhop.com
Social
Email ID: *****@billhop.se

Key Metrics

Founded Year

2011

Location

Stockholm, Sweden

Stage

Acquired

Total Funding

$20.7M in 4 rounds

Latest Funding Round

Series B, Feb 03, 2022, $*****

Investors

EQT & 5 more

Ranked

17^th among 326 active competitors

Employee Count

13 as on Sep 30, 2026

Similar Companies

Ramp & 362 more

Exit Details

Acquired by Ramp (Mar 13, 2026)

View Billhop's full profile

Billhop is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BILLHOP AB CIN: 556859-5416 , Sweden, Active	Jul 13, 2011	-	-	-

Billhop got acquired by Ramp on Mar 13, 2026.

Click here to take a look at Billhop's acquisition in detail

Billhop has raised a total funding of $20.7M over 4 rounds. Its first funding round was on Mar 11, 2016. Its latest funding round was a Series B round on Feb 03, 2022 for $*****. 2 investors participated in its latest round. Billhop has 3 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Billhop:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 03, 2022	7780916	Series B	4577508	4800430	5527311	7835044
Feb 16, 2021	4439654	Series A	5216005	9408960	3172424	6184017
Oct 29, 2017	4269684	Series A	1163332	9319721	8360771	Almi Invest & 3 more

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View details of Billhop's funding rounds and investors

The founders of Billhop are Lars Martin Norviit and Sebastian Andreescu. Sebastian Andreescu is the CEO of Billhop.

Here are the details of Billhop's key team members:

Lars Martin Norviit: Co-Founder of Billhop.
Sebastian Andreescu: Co-Founder & CEO of Billhop.
Contact Info: 3 email addresses

View details of Billhop's Founder profiles and Board Members

Billhop's employee count trend

Billhop has 13 employees as of Sep 26. Here is Billhop's employee count trend over the years:

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Top competitors of Billhop include Ramp, NG.CASH and Payhawk. Here is the list of Top 10 competitors of Billhop, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 72 others	84/100
2nd	NG.CASH 2021, Rio de Janeiro (Brazil), Series B	Provider of digital accounts, prepaid cards, and payment processing services	$50M	Monashees, New Enterprise Associates & 11 others	76/100
3rd	Payhawk 2018, Sofia (Bulgaria), Series B	Provider of spend management platform with AI-powered automation and control	$239M	Earlybird, QED Investors & 22 others	71/100
4th	Easebuzz 2014, Pune (India), Series A	Provider of payment solutions and software as a service APIs	$34M	8i Ventures, Bessemer Venture Partners & 17 others	70/100
5th	Bottomline Technologies 1989, Portsmouth (United States), Acquired	Provider of business payments automation, connectivity, cash management, and fraud solutions	-	Trinity Capital, Herald Investment Management ... & 2 others	69/100
6th	Modulr 2016, London (United Kingdom), Series C	Provider of automated payment processing and financial infrastructure software tools	$200M	Highland Europe, General Atlantic & 23 others	68/100
7th	REPAY 2006, Atlanta (United States), Public	Provider of payment processing solutions and vendor payment automation services	-	SunTrust Bank, Corsair Capital & 1 others	66/100
8th	AccessPay 2012, Manchester (United Kingdom), Acquired	Cloud based payment automation and cash management solutions for businesses	$44.4M	True Ventures, NatWest & 10 others	66/100
9th	Dwolla 2008, Des Moines (United States), Acquired	Provider of payment solutions and automated clearing house (ACH) services	$76.9M	Foundry, Union Square Ventures & 24 others	65/100
10th	Token 2015, London (United Kingdom), Series C	Provider of account-to-account payment infrastructure, variable recurring payments, and data solutions	$90.2M	EQT, TempoCap & 20 others	64/100
17th	Billhop 2011, Stockholm (Sweden), Acquired	Provider of solution enabling businesses to pay suppliers via credit card	$20.7M	EQT, 13books Capital & 4 others	56/100