What Bille does

Bille is a digital insurtech platform that provides Representation & Warranty (R&W) insurance for small and mid-sized business acquisitions in the $200,000 to $10 million deal range. The company targets a segment historically underserved by traditional M&A insurance brokers, where the cost and complexity of bespoke R&W policies have excluded Main Street transactions. Bille addresses this gap by standardizing R&W coverage into a templated product and embedding it directly into acquisition deal flow through marketplace partnerships, most notably an exclusive distribution relationship with BizScout, a small business acquisition marketplace founded by Codie Sanchez that serves over 150,000 registered users.

The platform connects buyers with brokers and underwriters digitally; Bille does not underwrite risk itself. All policies are placed with capacity providers rated 'A' (Excellent) or better, anchored by Lloyd's of London syndicates. In the United States, policies are placed on a surplus lines basis through Liberty Company Insurance Brokers, LLC (formerly Rubicon M&A Insurance Services). The company is licensed across all 50 US states, Canada, and the EU, and is operated by Bille LLC, a Colorado-registered entity headquartered in Denver at 1905 N Sherman St Ste 200 #1846. The website framework also references coverage for business and real estate transactions more broadly, suggesting a roadmap beyond a single product line.

Bille's revenue model is transaction-based: premiums are earned on each R&W policy placed through the platform, with pricing varying by transaction, jurisdiction, and risk profile. Distribution is concentrated almost entirely through the BizScout marketplace, making the channel relationship the single most important commercial asset. The company is private, in early-stage operations following the April 2026 BizScout partnership launch, and has no disclosed funding, headcount, or revenue figures in the available data.

Name

Bille

Legal name

Bille LLC

Website

https://bille.co

Company type

Private

Operating status

Operating

Short description

Bille is a digital insurtech platform providing standardized Representation & Warranty insurance for small business acquisitions ($200K–$10M). It connects buyers with brokers and Lloyd's of London underwriters, distributed via an exclusive partnership with the BizScout marketplace.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. M&A Insurance Premiums: Bille acts as a digital platform connecting customers with brokers and underwriters providing insurance products for business and real estate transactions. Revenue is generated through insurance premiums for R&W coverage placed through licensed insurance intermediaries.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Bille is a digital insurtech platform that provides standardized Representation & Warranty (R&W) insurance for small and mid-sized business acquisitions in the $200,000 to $10 million range. The platform connects buyers, brokers, and underwriters digitally, with coverage backed by Lloyd's of London and licensed across Canada, the EU, and all 50 US states. U.S. transactions are placed on a surplus lines basis through Liberty Company Insurance Brokers, LLC.

Product overview

Bille is a digital insurtech platform providing a single core product: standardized Representation & Warranty (R&W) insurance for small and mid-sized business acquisitions. The platform connects buyers with brokers and underwriters, embedding coverage directly into deal flows through marketplace partnerships like BizScout. All insurance products are underwritten by Lloyd's of London capacity providers rated 'A' (Excellent) or better, placed through regulated intermediaries.

Differentiator

Problem solved

Functional benefit

Products and services

• Representation & Warranty (R&W) Insurance Standardized Representation & Warranty insurance for small and mid-sized business acquisitions in the $200,000 to $10 million range. It protects buyers and sellers by transferring deal risk and is underwritten by Lloyd's of London capacity providers rated 'A' or better, licensed across Canada, the EU, and all 50 US states. U.S. policies are placed on a surplus lines basis through Liberty Company Insurance Brokers, LLC.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered flagship and core.

• BizScoutflagshipChannel Partner/ Reseller/ Distributor · 29 April 2026Bille is the exclusive R&W insurance partner of BizScout, the small business acquisition marketplace founded by Codie Sanchez. The partnership embeds standardized R&W coverage directly into BizScout's deal flow, which serves over 150,000 registered users searching for acquisitions in the $200,000 to $10 million range.
• Lloyd's of LondoncoreOthersBille's R&W insurance product is backed by Lloyd's of London capacity providers, rated 'A' (Excellent) or better, providing the financial strength and underwriting capacity to support SMB deal coverage.
• Liberty Company Insurance Brokers, LLCcoreImplementation/ SI/ Consulting PartnerFor U.S. transactions, insurance products are placed on a surplus lines basis through Liberty Company Insurance Brokers, LLC (formerly Rubicon M&A Insurance Services), CA License #0D79653, located at 405 El Camino Real, Suite 230, Menlo Park, CA 94025.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Aon (M&A Solutions): Aon is one of the world's largest insurance brokers with a dedicated M&A Solutions practice that places Representation & Warranty insurance for middle-market and large transactions. It is comparable as the dominant incumbent in the R&W insurance category that Bille is attempting to bring downmarket to Main Street deals.
• Willis Towers Watson (WTW) M&A: WTW operates a global M&A insurance practice brokering R&W and other transaction liability products. Comparable as a large incumbent that has the underwriting relationships to enter the SMB R&W segment where Bille currently operates.
• Marsh (M&A Practice): Marsh's M&A practice is a leading global broker of Representations & Warranties insurance for private equity and corporate transactions. It is comparable as a major incumbent R&W broker whose move into smaller-deal coverage would directly compete with Bille.
• Alliant Insurance Services: Alliant provides M&A insurance and R&W brokerage across middle-market transactions. Comparable as a sizable US insurance intermediary in the M&A/R&W space with the capacity to expand into smaller deal sizes where Bille is focused.

Direct peers

• Liberty Company Insurance Brokers (Rubicon M&A Insurance Services): Liberty Company Insurance Brokers' Rubicon M&A Insurance Services division is the regulated intermediary through which Bille places US surplus lines R&W policies. It is comparable as a direct R&W insurance intermediary in the same M&A transaction liability category, and also represents potential competitive overlap given its established broker relationships.

Emerging players

• CoverWallet: CoverWallet (an Aon company) is a digital insurance platform that helps small businesses understand, buy, and manage insurance online. Comparable as a digital SMB insurance distribution platform whose standardized, online-first approach mirrors Bille's GTM strategy for bringing R&W insurance to Main Street deals.
• Founder Shield: Founder Shield provides tailored business insurance products to startups and small businesses via a digital platform. Comparable as an emerging digital insurance provider focused on the small business segment, addressing coverage gaps in underserved markets much like Bille does for SMB M&A.
• Next Insurance: Next Insurance is a digital insurtech offering simplified, customized commercial insurance policies to small businesses. Comparable as a digital-first SMB insurance platform focused on streamlining traditionally complex coverage products, sharing Bille's playbook of using technology to make enterprise-grade insurance accessible to Main Street customers.
• Embroker: Embroker is a digital insurtech platform providing specialized commercial insurance products to small and mid-sized businesses with a tech-forward distribution model. Comparable as an emerging digital insurance platform targeting SMB segments with streamlined, standardized products — similar GTM DNA to Bille.

Others

• Jones (SMB M&A advisory): Jones is an SMB M&A advisory firm that represents buyers and sellers of Main Street businesses. Comparable as an adjacent ecosystem participant in the SMB acquisition marketplace that Bille serves and could potentially partner with to embed R&W coverage into deal flow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bille