Creandum leads €30m series-B for Billie

Creandum is currently investing from its Creandum V vehicle, which held its final close on €265m in June 2019. The fund invests €5-10m in later-stage investments.

Existing investors Speedinvest, Picus Capital and Global Founders Capital all participated in this round.

With the fresh capital, the company plans to offer new platform capabilities that target the buy-side of B2B transactions by handling payables processes. In the future, Billie will also be rolled out across Europe.

Previous funding
In February 2017, Speedinvest, Picus, Global Founders and Avala Capital, along with angel investor Kai Hansen, Rheingau Founders and Saarbrücker 21, invested €3.5m in the company.

Creandum led a €10m series-A for the company in December 2017. Speedinvest, Picus, Global Founders, Avala and angel investor Kai Hansen also participated.

Company
Billie provides financing to small businesses against their open invoices using an online platform. Based in Berlin and founded in 2016, it employs 60 people.

People
Billie – Matthias Knecht (co-founder).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• DACH
• Financials
• Venture
• Germany
• Creandum