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) 000-0000
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) 000-0000

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Teampay Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Merger/Acquisition 25-Apr-2024 000.00 Completed Generating Revenue
10. Later Stage VC 06-Dec-2023 00.00 000.00 Completed Generating Revenue
9. Later Stage VC (Series B) 30-Nov-2022 0000 0000 Completed Generating Revenue
8. Later Stage VC (Series B1) 11-Oct-2021 0000 0000 00000 Completed Generating Revenue
7. Early Stage VC (Series B2) 30-Oct-2020 000 0000 0000 Completed Generating Revenue
6. Debt - PPP 04-Apr-2020 00000 0000 Completed Generating Revenue
5. Early Stage VC (Series A) 26-Sep-2019 0000 0000 000.00 Completed Generating Revenue
4. Accelerator/Incubator 14-Feb-2018 000 Completed Generating Revenue
3. Seed Round 06-Feb-2018 $4M $4M 0000 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 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series B-2 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Seed 3 000,000 00.000000 00.00 00.00 00 00.00 0.000
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
000.00
000000&0 000.00

000000

aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi
00000000000000000000
Los Angeles, CA
0000 As of 0000
00000
000000000 00 00000

000000

nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qu
00000000000000000000
Vancouver, Canada
000 As of 0000
000.00
00000000000 000.00
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Teampay Competitors (23)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Emburse Private Equity-Backed Los Angeles, CA 0000 00000 000000000 00 00000
Procurify Venture Capital-Backed Vancouver, Canada 000 000.00 00000000000 000.00
Kashoo Cloud Accounting Corporate Backed or Acquired Vancouver, Canada 00 000000000000
Coupa Private Equity-Backed Foster City, CA 0000 000.00 000000000 00 000.00
Spendesk Venture Capital-Backed Paris, France 000 00000 000000 - 000 00000
You’re viewing 5 of 23 competitors. Get the full list »

Teampay Patents

  • 8

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 6

    Granted

  • 2

    Pending

  • 000

    Expiring in next 12 mo

Teampay Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230245214-A1 Rules engine, such as for purchase request management Pending 31-Mar-2020 00000000000
US-11645701-B2 Method, medium, and system for a rules engine, such as for purchase request management Active 31-Mar-2020 00000000000 00
US-20210304287-A1 Rules engine, such as for purchase request management Active 31-Mar-2020 00000000000 00
US-11501360-B2 System and method of purchase request management using plain text messages Active 17-Mar-2017 00000000000 000
US-10755339-B2 System and method of purchase request management using plain text messages Active 17-Mar-2017 G06Q30/0635 00
To view Teampay’s complete patent history, request access »

Teampay Executive Team (10)

Name Title Board Seat
Dustin Renn Chief Executive Officer
You’re viewing 1 of 10 executive team members. Get the full list »

Teampay Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Teampay Former Investors (39)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alumni Ventures Venture Capital Minority 000 0000 000000 0
Buffalo Ventures Venture Capital Minority 000 0000 000000 0
CCIX Global Asset Manager Minority 000 0000 000000 0
Cassis & Cassis Capital Venture Capital Minority 000 0000 000000 0
CoVenture Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 39 investors. Get the full list »

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Teampay FAQs

  • When was Teampay founded?

    Teampay was founded in 2016.

  • Who is the founder of Teampay?

    Andrew Hoag is the founder of Teampay.

  • Who is the CEO of Teampay?

    Dustin Renn is the CEO of Teampay.

  • 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 00000.

  • 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 CoVenture are 5 of 39 investors who have invested in Teampay.

  • Who are Teampay’s competitors?

    Emburse, Procurify, Kashoo Cloud Accounting, Coupa, and Spendesk are some of the 23 competitors of Teampay.

  • When was Teampay acquired?

    Teampay was acquired on 25-Apr-2024.

  • Who acquired Teampay?

    Teampay was acquired by PayStand.

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