| How they describe themselves: Billeo streamlines the online transaction process by giving consumers complete
control over when and how they manage, organize, pay bills and shop online. Billeo offers a one-step password
log-on and one-click completion of online shopping checkout and bill payment forms. Payments and credits
are instantaneous, and electronic receipts are automatically captured, categorized, saved and filed. Billeo users
have shopped at over 11,000 ecommerce sites and paid bills at more than 9,200 company websites across 26 categories, including utility, wireless, insurance, cable and credit card companies.
What they think makes them better: Today, consumers have to take considerable effort to find online shopping
discounts via search, bank and financial institution hosted offer malls, coupon sites or merchant e-mails. Now,
Billeo’s Offer Assistant presents consumers with the latest retailer and financial institution offers within their
Google, Yahoo! and Bing search results. This gives financial institutions, card issuers and online retailers the
ability to market directly to the consumer in real-time, influencing both the purchase and the payment type
used. In turn, Billeo gives consumers the latest available offers and discounts just when you need them and assists
them from search to purchase. No other service provides this. The toolbar is free and is available at billeo.com.
Executives: Murali Subbarao (Founder & CEO), Allwyn Lobo (Cofounder & Vice President of Engineering),
Robin O’Connell (Vice President of Business Development)
Board Members: Mike Hodges (Managing Director, ATA Ventures), Ho Nam (General Partner, Altos Ventures),
Randy Hawks (Managing Director, Claremont Creek Ventures), Himanshu Choksi (Managing Director, Pacifica Fund)
Advisory Board Members: Eric Dun (Partner, Cardinal Venture Capital), Scott Loftesness (Founding Partner,
Glenbrook Partners), Nancy Langer (President, Business Transformation Services, Metavante Corporation),
Sridhar Chityala (Chityala & Associates), Steve Elefant (Venture Partner, Claremont Creek Ventures)
Customers: Visa, Discover, American Express, US Bank, Wachovia, NetSpend
Partners: Upside Visa® Prepaid, PRBC (Payment Reporting Builds Credit), Link2Gov (a Metavante Company)
Contacts:
Biz Dev & Sales: Robin O’Connell, robin@corp.billeo.com
Press: Julie Karbo, Partner, K/F Communications, billeo@kfcomm.com |
