FastBill Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 38

Employees

  • Latest Deal Type
  • M&A

FastBill General Information

Description

Developer of SaaS-based bookkeeping tools designed to offer online invoices and accounting. The company's tools integrate accounting, banking, and assistance systems in a user interface, recurring tasks of the workplace are accelerated and accounting processes are handled in the background, enabling small businesses and self-employed people to get benefited from automated data transmission.

Contact Information

Website
www.fastbill.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Taunustor 1
  • 6th Floor
  • 60310 Frankfurt
  • Germany
+49 069
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Accounting, Audit and Tax Services (B2B)
Parent Company
FreshBooks
Vertical(s)
SaaS, FinTech
Corporate Office
  • Taunustor 1
  • 6th Floor
  • 60310 Frankfurt
  • Germany
+49 069

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FastBill Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 05-Oct-2021 Completed Generating Revenue
2. Later Stage VC Completed Generating Revenue
1. Later Stage VC (Series A) 02-May-2017 Completed Generating Revenue
To view FastBill’s complete valuation and funding history, request access »

FastBill Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of SaaS-based bookkeeping tools designed to offer online invoices and accounting. The company's tools integrat
Financial Software
Frankfurt, Germany
38 As of 2022

Berlin, Germany
 

Offenburg, Germany
 
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FastBill Competitors (4)

One of FastBill’s 4 competitors is Billomat, a Corporate Backed or Acquired company based in Berlin, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Billomat Corporate Backed or Acquired Berlin, Germany
sevDesk Venture Capital-Backed Offenburg, Germany
Weclapp Private Equity-Backed Kitzingen, Germany
Easybill Private Equity-Backed Kaarst, Germany
To view FastBill’s complete competitors history, request access »

FastBill Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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FastBill Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Barclays Investment Bank Minority
Coparion Venture Capital Minority
Heliad Venture Capital Minority
J.P. Morgan Investment Bank Minority
To view FastBill’s complete investors history, request access »

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FastBill FAQs

  • When was FastBill founded?

    FastBill was founded in 2011.

  • Where is FastBill headquartered?

    FastBill is headquartered in Frankfurt, Germany.

  • What is the size of FastBill?

    FastBill has 38 total employees.

  • What industry is FastBill in?

    FastBill’s primary industry is Financial Software.

  • Is FastBill a private or public company?

    FastBill is a Private company.

  • What is FastBill’s current revenue?

    The current revenue for FastBill is .

  • How much funding has FastBill raised over time?

    FastBill has raised $120M.

  • Who are FastBill’s investors?

    Barclays, Coparion, Heliad, and J.P. Morgan have invested in FastBill.

  • Who are FastBill’s competitors?

    Billomat, sevDesk, Weclapp, and Easybill are competitors of FastBill.

  • When was FastBill acquired?

    FastBill was acquired on 05-Oct-2021.

  • Who acquired FastBill?

    FastBill was acquired by FreshBooks.

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