PayByCar Overview
- Founded
-
2012

- Status
-
Private
- Employees
-
7

- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$5.13M
- Investors
-
5
PayByCar General Information
Description
Developer of an in-vehicle payment software designed to revolutionize how consumers purchase goods and services while in their cars. The company's software offers a platform that connects the driver, vehicle, mobile phone, and retailer POS to the Internet of Things (IoT) for a wide range of vehicle-based transactions, enabling drivers to buy gas, curbside pick-up, parking, and drive-thru food with a smartphone and an E-ZPass.
Contact Information
Website
www.mypaybycar.com
Formerly Known As
Verdeva
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Primary Office
- 550 State Route 299
- Suite 100B
- Highland, NY 12528
- United States
+1 (917) 000-0000
PayByCar Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
2. Seed Round | 04-Mar-2022 | $5.13M | 00.000 | 000.00 | Completed | Generating Revenue |
1. Angel (individual) | 29-Jul-2015 | 00000 | 00000 | Completed | Generating Revenue |
PayByCar Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Seed-2 | 000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Seed-1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Seed | 3,347,568 | $0.000010 | 5% | $0.97 | $0.97 | 1x | $0.97 | 10.89% |
PayByCar Executive Team (8)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Kevin Condon | Co-Founder, Chief Executive Officer, President & Board Member | ||
Anand Raman | Co-Founder, President, Chief Operating Officer & Board Observer | ||
Damien Balsan | Advisor | ||
Geoffrey Hyatt | Advisor | ||
James McCann | Advisor |
PayByCar Board Members (2)
Name | Representing | Role | Since |
---|---|---|---|
Anand Raman | PayByCar | Co-Founder, President, Chief Operating Officer & Board Observer | 000 0000 |
Kevin Condon | PayByCar | Co-Founder, Chief Executive Officer, President & Board Member | 000 0000 |
PayByCar Signals
PayByCar Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Azoic Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Food Retail Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Gentex | Corporation | Minority | 000 0000 | 000000 0 | |
Martech Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
T42 Tracking Solutions | Corporation | Minority | 000 0000 | 000000 0 |