About Paid
Paid is a company based in San Francisco (United States) founded in 2014 was acquired by Auction Mobility in January 2019. It operates as a SaaS (Software-as-a-Service). Paid has raised $120 thousand across 2 funding rounds from investors including Auction Mobility and Y Combinator. Paid offers products and services including Online Invoicing Platform. Paid operates in a competitive market with competitors including Billtrust, SumUp, Paymentus, PaySimple and Vyapar, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Paid Labs
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$120 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Auction Mobility
& 1 more
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Employee Count
Employee Count
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Acquired by
Auction Mobility
(Jan 25, 2019)
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Products & Services of Paid
Paid offers a comprehensive portfolio of products and services, including Online Invoicing Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online invoicing and payment collection are facilitated efficiently.
Funding Insights of Paid
Paid has successfully raised a total of $120K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jun 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Seed - Paid | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Paid | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Paid
Paid has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Auction Mobility and Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Cloud-based software for online auction bidding stores is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paid
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paid Comparisons
Competitors of Paid
Paid operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Billtrust, SumUp, Paymentus, PaySimple and Vyapar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Invoice and payment management solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Provider of mPOS solution and card reader for offline retailers
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| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
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| domain | founded_year | HQ Location |
Online payment and invoicing solutions are offered to small businesses.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and inventory tools for small businesses are provided.
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| domain | founded_year | HQ Location |
An app-based invoicing solution is provided for small businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Paid
When was Paid founded?
Paid was founded in 2014.
Where is Paid located?
Paid is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Paid a funded company?
Paid is a funded company, having raised a total of $120K across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 01, 2014.
What does Paid do?
Paid Labs is known for providing technology solutions in online invoicing and payment collection. The company operates within the financial software sector, offering platforms that streamline payment processes for businesses. It has been acquired by Auction Mobility, a leader in white-label e-commerce solutions for the auction industry.
What products or services does Paid offer?
Paid offers Online Invoicing Platform.
Who are Paid's investors?
Paid has 2 investors. Key investors include Auction Mobility, and Y Combinator.
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