Teampay Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 63

Employees

  • Latest Deal Type
  • M&A

Teampay General Information

Description

Developer of a distributed spend management platform designed to help organizations manage their expenses. The company's platform delivers a user-friendly workflow that aligns spenders and finance, collects critical data, integrates it into legacy systems, and provides safe intelligent payments, enabling clients to solve common problems of policy misalignment, lack of transparency, and unpredictable spending.

Contact Information

Website
www.teampay.co
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 228 Park Avenue South
  • 7th Floor, PMB 85099
  • New York, NY 10003
  • United States
+1 (646)
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Parent Company
PayStand
Vertical(s)
SaaS, Supply Chain Tech, TMT, FinTech, B2B Payments
Corporate Office
  • 228 Park Avenue South
  • 7th Floor, PMB 85099
  • New York, NY 10003
  • United States
+1 (646)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Teampay Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Merger/Acquisition 25-Apr-2024 Completed Generating Revenue
10. Later Stage VC 06-Dec-2023 Completed Generating Revenue
9. Later Stage VC (Series B) 30-Nov-2022 Completed Generating Revenue
8. Later Stage VC (Series B1) 14-Oct-2021 Completed Generating Revenue
7. Early Stage VC (Series B2) 17-Sep-2020 Completed Generating Revenue
6. Debt - PPP 04-Apr-2020 Completed Generating Revenue
5. Early Stage VC (Series A) 26-Sep-2019 Completed Generating Revenue
4. Accelerator/Incubator 14-Feb-2018 Completed Generating Revenue
3. Seed Round 06-Feb-2018 $4M $4M Completed Generating Revenue
2. Accelerator/Incubator 27-Sep-2017 Completed Generating Revenue
To view Teampay’s complete valuation and funding history, request access »

Teampay Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B-1
Series B-2
Series A
Seed 3
Seed 2 1,549,233 $0.000100 $0.44 $0.44 1x $0.44 3.73%
Seed 1 5,370,894 $0.000100 $0.59 $0.59 1x $0.59 12.92%
To view Teampay’s complete cap table history, request access »

Teampay Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a distributed spend management platform designed to help organizations manage their expenses. The company's
Financial Software
New York, NY
63 As of 2023

Foster City, CA
 

Dallas, TX
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Teampay Competitors (24)

One of Teampay’s 24 competitors is Coupa, a Private Equity-Backed company based in Foster City, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Coupa Private Equity-Backed Foster City, CA
Emburse Private Equity-Backed Dallas, TX
Procurify Venture Capital-Backed Vancouver, Canada
Mint Payments Private Equity-Backed Sydney, Australia
Kashoo Cloud Accounting Corporate Backed or Acquired Vancouver, Canada
You’re viewing 5 of 24 competitors. Get the full list »

Teampay Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • 6

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Teampay Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11645701-B2 Method, medium, and system for a rules engine, such as for purchase request management Active 31-Mar-2020
US-20210304287-A1 Rules engine, such as for purchase request management Active 31-Mar-2020
US-20230245214-A1 Rules engine, such as for purchase request management Pending 31-Mar-2020
US-10755339-B2 System and method of purchase request management using plain text messages Active 17-Mar-2017
US-11501360-B2 System and method of purchase request management using plain text messages Active 17-Mar-2017 G06Q30/0635
To view Teampay’s complete patent history, request access »

Teampay Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Teampay Former Investors (39)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alumni Ventures Venture Capital Minority
Buffalo Ventures Venture Capital Minority
CCIX Global Asset Manager Minority
Cassis & Cassis Capital Venture Capital Minority
Commerce.Innovated Accelerator/Incubator Minority
You’re viewing 5 of 39 investors. Get the full list »

Ready to get started?

Request a free trial

Teampay FAQs

  • When was Teampay founded?

    Teampay was founded in 2016.

  • Where is Teampay headquartered?

    Teampay is headquartered in New York, NY.

  • What is the size of Teampay?

    Teampay has 63 total employees.

  • What industry is Teampay in?

    Teampay’s primary industry is Financial Software.

  • Is Teampay a private or public company?

    Teampay is a Private company.

  • What is Teampay’s current revenue?

    The current revenue for Teampay is .

  • How much funding has Teampay raised over time?

    Teampay has raised $96.5M.

  • Who are Teampay’s investors?

    Alumni Ventures, Buffalo Ventures, CCIX Global, Cassis & Cassis Capital, and Commerce.Innovated are 5 of 39 investors who have invested in Teampay.

  • Who are Teampay’s competitors?

    Coupa, Emburse, Procurify, Mint Payments, and Kashoo Cloud Accounting are some of the 24 competitors of Teampay.

  • When was Teampay acquired?

    Teampay was acquired on 25-Apr-2024.

  • Who acquired Teampay?

    Teampay was acquired by PayStand.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »