About Paid
Paid is a Technology company based in San Francisco (United States) founded in 2014, and was acquired by Auction Mobility in January 2019. Automated invoicing API is provided for accounts receivable management. It operates on a SaaS (Software-as-a-Service) model. 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. Its focus areas include Software and Financial Software. Its legal entity is Paid Labs. Its competitors include Billtrust, Paymentus and PaySimple; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website paidlabs.com
- Social LinkedIn X
- Acquired by Auction Mobility (Jan 2019)
- Legal Name Paid Labs
- Total Equity Funding$120K (USD)
in 2 rounds
- InvestorsAuction Mobility
& 1 more
- Acquired byAuction Mobility
(Jan 2019)
Products & Services of Paid
Paid offers a comprehensive portfolio of products and services, including Online Invoicing Platform.
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 $120,000
- Total Rounds 2
- First Round $120,000
(Jun 2014)
- Investors Count 1
All 2 funding rounds of Paid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2014 | Seed | β | β | ||
| Jun 2014 | $120,000 | Seed | β | Y Combinator | β |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Cloud-based software for online auction bidding stores is provided. | 2013 | auctionmobility.com | Boston, United States |
Investor details for Paid
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Paid
4 dated milestones of Paid across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Paid is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Seed,.
- Exit Acquired by Auction Mobility.
Competitors of Paid
Paid has 3 listed competitors in our database, 3 of them funded. They include Billtrust, Paymentus and PaySimple.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| billtrust.com | 2001 | Hamilton Township, United States | $105M | Invoice and payment management solutions are offered for small businesses. | ||
| paymentus.com | 2004 | Atlanta, United States | $23.6M | 1,273 | Comprehensive billing and payment solution provider | |
| paysimple.com | 2006 | Denver, United States | $137.29M | 3,016 | Online payment and invoicing solutions are offered to small businesses. |
Detailed competitors of Paid
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Paid (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Frequently Asked Questions about Paid
Paid was founded in 2014.
Paid is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
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 2014.
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.
Paid offers Online Invoicing Platform.
Paid has 2 investors. Key investors include Auction Mobility, and Y Combinator.
Paid operates through Paid Labs.
Yes. Paid was acquired by Auction Mobility in January 2019.
