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 Apr 30, 2026, the latest employee count at Billhop is 17.

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 2nd amongst 6 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Open Payments, which secured $3.1M in Jan, 2025.

Who are the top competitors of Billhop?

Billhop's top competitors include Bottomline Technologies, Open Payments and Lesslie. Among them, Open Payments secured the most recent funding round in January, 2025.

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

2^nd among 6 active competitors

Employee Count

17 as on Apr 30, 2026

Similar Companies

Ramp & 273 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	6595416	Series B	5745585	4534631	9934963	3591866
Feb 16, 2021	1232598	Series A	3043191	5305819	1807425	1849004
Oct 29, 2017	8874173	Series A	2953822	7717265	4295223	Almi Invest & 3 more

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View details of Billhop's funding rounds and investors

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

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

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

View details of Billhop's Founder profiles and Board Members

Billhop's employee count trend

Billhop has 17 employees as of Apr 26. Here is Billhop's employee count trend over the years:

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Top competitors of Billhop include Bottomline Technologies, Open Payments and Lesslie. 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	Bottomline Technologies 1989, Portsmouth (United States), Acquired	Provider of business payments automation, connectivity, cash management, and fraud solutions	-	Herald Investment Management, Trinity Capital ... & 2 others	69/100
2nd	Billhop 2011, Stockholm (Sweden), Acquired	Provider of solution enabling businesses to pay suppliers via credit card	$20.7M	13books Capital, EQT & 4 others	61/100
3rd	Open Payments 2017, Stockholm (Sweden), Seed	Provider of a unified API connecting businesses to multiple banks	$11.2M	Industrifonden, Alfvén & Didrikson & 5 others	48/100
4th	Lesslie 2020, Stockholm (Sweden), Seed	Cross-border money transfer solution for businesses	$1.72M	Wellstreet, Quinary Investment & 3 others	35/100
5th	Fawaterk 2018, Cairo (Egypt), Funding Raised	Cloud-based end-to-end business management tools for e-tailers	-	Plug and Play Tech Center, 500 Global & 2 others	32/100
6th	Ledyer 2021, Stockholm (Sweden), Seed	Account receivables solution for businesses	$1.25M	-	29/100
7th	Magiro 2020, Bromma (Sweden), Deadpooled	Cloud-based payment management solutions for tax businesses	-	-	15/100