Billogram AB

Based in Sweden, Billogram AB is a company that specializes in providing an Invoice-to-Cash platform, enhancing the efficiency of billing processes through automated invoicing and payment solutions. Founded in 2011 in Stockholm, Sweden, Billogram AB operates an Invoice-to-Cash platform designed to streamline billing from invoice creation to payment collection. The company was co-founded by Cesar Sangchi and Jonas Suijkerbuijk, who has a history in startup development. Billogram has successfully raised EUR 15.

000 mn in its latest funding round on August 31, 2022, led by Swisscom Ventures, with other investors including CNI Nordic, Inbox Capital, and Partech. Overall, the company has completed 4 deals. Billogram offers a comprehensive Invoice-to-Cash platform that simplifies the billing process from invoice creation to payment collection. Core features include automated invoicing, payment solutions, customer communication, reminders, collections, and reporting, targeting diverse sectors such as parking, insurance, telecommunications, and energy.

The platform is adaptable to various geographical markets, focusing on scalability for regulatory and operational needs across Europe and beyond. In 2022, Billogram reported a revenue of EUR 10. 49 mn with an EBITDA of EUR -9. 11 mn, generated through a subscription-based model that allows clients to access its robust Invoice-to-Cash platform and its extensive features.

Clients typically enter into partnership agreements, paying recurring fees based on service utilization, which are structured into tiered pricing plans to suit different business needs. Billogram plans to utilize the EUR 15. 000 mn raised in August 2022 to accelerate the expansion of its invoicing and payment platform throughout Europe and specifically into the DACH region. By focusing on these markets, the company aims to strengthen its presence and enhance its service offerings, fulfilling the increasing demands of businesses in these regions.