bexio
bexio is a technology company.
Financial History
bexio has raised $12.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has bexio raised?
bexio has raised $12.0M in total across 2 funding rounds.
bexio is a technology company.
bexio has raised $12.0M across 2 funding rounds.
bexio has raised $12.0M in total across 2 funding rounds.
Bexio is a Swiss SaaS company providing cloud-based business software tailored for small businesses, startups, and self-employed individuals, digitizing back-office processes like accounting, invoicing, CRM, and payroll.[1][2][3][6] It serves over 90,000 companies and 800 certified accountants in Switzerland, solving administrative inefficiencies by offering an all-in-one platform with online access, e-banking integration, and automation—starting at CHF 35/month, with demonstrated growth via CHF 7.5M funding and recent acquisitions like by Die Mobiliar.[1][3][4]
The platform streamlines tasks such as quote generation, invoice reminders, project time tracking, and financial reporting, enabling faster payments and remote work while emphasizing Swiss quality and security.[3][5][6] Bexio's momentum includes expansion from a 2013 accounting tool to a comprehensive suite, backed by investors like Swisscom Ventures, and strategic partnerships such as with Swiss Life.[1]
Founded in 2013 in Rapperswil, Switzerland, as an accounting SaaS, Bexio evolved into a full back-office platform driven by founders attuned to SME needs through personal entrepreneurial experience and founder networks.[1][4] Headquartered at Alte Jonastrasse 24 with around 115 employees, it secured CHF 7.5M in funding led by Swisscom Ventures for growth, achieving early traction as a digitization catalyst for small businesses.[1][2]
Pivotal moments include scaling to over 40,000 customers initially (now 90,000+), partnerships like with Swiss Life for SME integrations, and the 2023 acquisition by Die Mobiliar, Switzerland's oldest insurer, enhancing its stability and reach.[1][4]
Bexio rides the SME digitization trend in Switzerland, where small businesses seek efficient, secure cloud tools amid rising remote work and regulatory demands.[1][3][6] Its timing aligns with post-pandemic shifts to paperless operations and fintech integrations, bolstered by market forces like insurer acquisitions (e.g., Die Mobiliar) and telco investments (Swisscom Ventures), signaling validation in a fragmented European SaaS market.[1]
It influences the ecosystem by enabling 90,000+ SMEs to focus on growth over admin, partnering with accountants and startups (e.g., Swiss Startup Association discounts), and setting standards for localized, user-friendly business software.[4][7]
Bexio's acquisition by Die Mobiliar positions it for deeper insurance-SME synergies, like bundled financial services, while trends in AI-driven automation and EU data compliance will likely enhance its platform.[1] Expect expanded features, international tweaks beyond Switzerland, and sustained growth via partnerships, solidifying its role as a back-office staple for Europe's small business boom—echoing its origins as a simple accounting tool now powering 90,000+ efficient operations.[1][4]
bexio has raised $12.0M in total across 2 funding rounds.
bexio's investors include Redalpine Venture Partners, Christian Wenger, Tobias Reichmuth.
bexio has raised $12.0M across 2 funding rounds. Most recently, it raised $7.0M Venture Round in February 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2017 | $7.0M Venture Round | Redalpine Venture Partners, Christian Wenger, Tobias Reichmuth | |
| Feb 1, 2015 | $5.0M Series B | Redalpine Venture Partners, Christian Wenger, Tobias Reichmuth |