Pay Theory Overview
- Year Founded
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2018
- Status
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Private
- Employees
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20
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$1M
- Investors
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11
Pay Theory General Information
Description
Developer of financial infrastructure intended to focus on education, childcare, senior care, healthcare, government, and insurance. The company provides digital payment access and integrated payment services to ensure that access to money and bank accounts is not a barrier to families that also accept digital payments, electronic checks, and cash, enabling public schools to manage and take electronic payments of all kinds without using a bank, even in cash.
Contact Information
Website
www.paytheory.comCorporate Office
- 10549 Reading Road
- Cincinnati, OH 45241
- United States
Corporate Office
- 10549 Reading Road
- Cincinnati, OH 45241
- United States
Pay Theory Timeline
Pay Theory Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Later Stage VC | 01-Apr-2023 | $1M | Completed | Generating Revenue | ||
| 2. Seed Round | 04-Feb-2022 | Completed | Generating Revenue | |||
| 1. Seed Round | 01-Nov-2019 | $450K | $450K | Completed | Startup |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Pay Theory Comparisons
Industry
Financing
Details
Pay Theory Competitors (7)
One of Pay Theory’s 7 competitors is PayZang, a Corporation company based in Salt Lake City, UT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| PayZang | Corporation | Salt Lake City, UT | ||||
| PayPal Holdings | Formerly VC-backed | San Jose, CA | ||||
| Stripe | Venture Capital-Backed | South San Francisco, CA | ||||
| PayNearMe | Venture Capital-Backed | Santa Clara, CA | ||||
| BlueSnap | Private Equity-Backed | Waltham, MA |
Pay Theory Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Pay Theory Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Derive Ventures Management Company | Venture Capital | Minority | ||
| Naples Technology Ventures | Venture Capital | Minority | ||
| ProMedica Health Systems | Corporation | Majority | ||
| Double Eagle Venture Partners | Venture Capital | Minority | ||
| Gaingels | Venture Capital | Minority |
Pay Theory FAQs
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When was Pay Theory founded?
Pay Theory was founded in 2018.
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Where is Pay Theory headquartered?
Pay Theory is headquartered in Cincinnati, OH.
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What is the size of Pay Theory?
Pay Theory has 20 total employees.
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What industry is Pay Theory in?
Pay Theory’s primary industry is Financial Software.
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Is Pay Theory a private or public company?
Pay Theory is a Private company.
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What is Pay Theory’s current revenue?
The current revenue for Pay Theory is .
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How much funding has Pay Theory raised over time?
Pay Theory has raised $3.45M.
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Who are Pay Theory’s investors?
Derive Ventures Management Company, Naples Technology Ventures, ProMedica Health Systems, Double Eagle Venture Partners, and Gaingels are 5 of 11 investors who have invested in Pay Theory.
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Who are Pay Theory’s competitors?
PayZang, PayPal Holdings, Stripe, PayNearMe, and BlueSnap are some of the 7 competitors of Pay Theory.
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