
BirFatura
Fast and Easy Invoice System for E-Commerce SMEs Online software.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
€63.8k Valuation: €633k | Seed | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 144 % | 115 % | 62 % |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Established in July 2016, BirFatura Yazılım Teknolojileri A.Ş. operates as a specialized financial technology firm targeting the Turkish e-commerce sector. The company, founded by CEO İbrahim Bayır, provides a web-based Software-as-a-Service (SaaS) platform designed to streamline and automate billing and shipping processes for small and medium-sized enterprises (SMEs). The platform addresses the critical need for efficient invoicing for businesses operating across multiple online marketplaces and e-commerce sites.
BirFatura functions as a licensed special integrator with the Turkish Revenue Administration (GİB), authorizing it to issue e-invoices, e-archive invoices, and e-delivery notes directly through its proprietary infrastructure. This direct integration model allows the company to offer competitive pricing by eliminating reliance on third-party services. The business generates revenue through a subscription-based model, where clients purchase monthly or annual packages, supplemented by a pay-per-use system for issuing invoices, known as "kontör". The company also established a dealership system in 2023 to expand its reach across Turkey.
The core service is a centralized dashboard that consolidates orders from over 75 integrated e-commerce platforms and marketplaces. This enables users to manage their entire order-to-cash cycle from a single point, automating the creation of invoices and shipping labels with a few clicks. The system features pre-accounting capabilities, expense tracking, and reporting tools that can be exported to general accounting programs. A significant milestone was achieved in September 2020 when the company became an officially approved integrator by the Revenue Administration, followed by winning the "E-Commerce Solution of the Year" award in 2021.
Keywords: e-invoicing, SaaS, e-commerce automation, financial technology, order management, shipping integration, pre-accounting, Turkish Revenue Administration, SME solutions, marketplace integration