Doxo

Centralized platform for bill payments

Seattle, Washington, United States

About Doxo

doxo simplifies the bill payment process for consumers and businesses through its platform that allows users to pay household bills to over 65,000 service providers, including utilities and telecom companies. The platform features a centralized app where consumers can manage and pay all their bills in one place, eliminating the need to visit multiple websites or mail checks. Users can track payment history, receive reminders, and suggest additional service providers. For businesses, doxo offers doxoDIRECT, which enhances customer interaction and engagement, allowing companies to get paid faster and gain insights into their customer base. doxo's business model relies on transaction fees for payments made through the platform and premium features for businesses. The goal of doxo is to provide a more efficient and user-friendly solution for managing household finances and improving billing processes.

Seattle, WashingtonHeadquarters
2008Year Founded
$36.3MTotal Funding
SERIES_CCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Hybrid & 100% remote options
Company social events
Charitable matching
Health/dental/vision insurance
Long term disability & life insurance
Pet insurance
Employee stock options
401k retirement plan & matching program
Tuition reimbursement
Generous PTO
Holidays throughout the year
Paid parental leave

Risks

FTC lawsuit could damage Doxo's reputation and lead to financial penalties.
Confusion about Doxo's affiliation with billers may lead to customer dissatisfaction.
Intensifying fintech competition could erode Doxo's market share.

Differentiation

Doxo offers an all-in-one bill pay platform with six essential features.
The platform supports payments to over 120,000 billers across 45+ service categories.
DoxoDIRECT enhances business customer interaction and engagement with valuable insights.

Upsides

Integration with AI tools can provide personalized bill management insights.
Open banking APIs can expand Doxo's network and reduce transaction fees.
Growing demand for digital wallets enhances Doxo's private pay wallet feature.

Funding

Total raised$36.28 M
Latest valuation$92.50 M
StageSERIES_C
EARLY VC
11/30/2013
$4
$17.50 M
$5
$24.00 M
SEED
8/31/2008
N/A
$2.50 M