• FOUNDING YEAR: 2013
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    27 Jun, 2019
    Phone:
    +1 800-708-6413

Description

FOCUS

PRODUCTS & SERVICES:
Credit cads, e-Check, Mobile Payments It enables any organization to receive money in their website, social network, or web application without transaction costs.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Businesses
EXISTING PARTNERSHIPS:
Sitefly, Santa Cruz Warriors
COMMENT
It is multi-payment gateway that accepts credit cards (Visa/MasterCard/Amex/Discover), eCheck (ACH/Dwolla), and eCash (Bitcoins) with 0% transaction fees.

PEOPLE

FOUNDERS:
Jeremy Almond, Scott Campbell
Board Members and Advisors:
Stephen Beck
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
BlueRun Ventures, Cervin Ventures, Serra Ventures, Capital for Founders, The Indus Entrepreneurs, LEAP Global Partners, Central Coast Angels, TiE LaunchPad, Streamlined Ventures, Technicolor Ventures, Signatures Capital
KEY EMPLOYEES:
Jeremy Almond(CEO)

TRACTION

VALUATION / MARKET CAP:
$13.33 MM in 2017

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$8.3 Millions
DATE OF LAST FUNDING:
Nov 2017
TOTAL FUNDING COMMENT:
PayStand will use this new round of funding to scale its account receivable systems, and launch a new free accounts payable product line (Nov 2017).
SEED & PRIOR FUNDING:
$2 Millions
SEED CLOSED ON:
Apr 2014
SEED PRIOR FUNDING COMMENT:
An undisclosed amount of funds were raised.
FUNDING SERIES:
SERIES A
$6 Millions Closed: Nov 2017
LISTED:
NO

LATEST RESEARCH