About PayActiv
PayActiv is a Healthcare company based in San Jose (United States) founded in 2012. Prepaid corporate cards are offered for on-demand employee wage access. It operates in the Healthcare, Financial Services, and Technology sectors. PayActiv has raised $133.55 million across 4 funding rounds from investors including Ziegler, Generation Partners and Eldridge Industries. Its website payactiv.com draws about 635 thousand monthly visits. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Financial Benefits. Its competitors include Hinge Health, Accolade and Sharecare; 3 of its 3 listed competitors have raised funding.
Company details
PayActiv was founded in 2012 in San Jose, United States, within the financial technology sector. A platform is operated to deliver prepaid corporate cards as part of employee benefits programs. On-demand access to earned wages is enabled through user profiles and payment cards. The solution functions as a financial wellness tool, with applications available on Android and iOS devices for mobile use.
- Headquarters San Jose, United States
- SectorsHealthcareFinancial Services Technology
- Website category Finance · Financial Planning and Management
- Email••••••••
- Phone•••• ••••
- Website payactiv.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$133.55M (USD)
in 4 rounds
- Latest Funding Round$100M (USD), Series C
Aug 2020
- InvestorsZiegler
& 3 more
Apps and channels of PayActiv
PayActiv publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of PayActiv
PayActiv has successfully raised a total of $133.55M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in August 2020. 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 $133.55M
- Total Rounds 4
- Last Round Series C — $100M
- First Round $4.35M
(Jun 2014)
- Investors Count 4
All 4 funding rounds of PayActiv 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 2020 | $100M | Series C | – | Eldridge Industries | |
| Oct 2018 | $20M | Series B | – | Generation Partners | |
| Feb 2016 | $9.2M | Series A | – | Softbank China and India Holdings | – |
| Jun 2014 | $4.35M | Series A | – | – | – |
4 investors in total: 4 institutional.
Investors in PayActiv
PayActiv has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ziegler, Generation Partners and Eldridge Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Generation Partners is engaged in private equity and growth investments. | 1995 | generation.com | Greenwich, United States | |
Holding company investing in insurance, asset management, technology, mobility, sports, music, real estate, and consumer sectors | eldridge.com | Miami, United States | ||
SoftBank subsidiary that makes venture investments in China, India and Southeast Asia | softbankci.com | Hong Kong, China | ||
Investment banking services in corporate finance are provided by Ziegler. | 1902 | ziegler.com | Chicago, United States |
Investor details for PayActiv
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.
People of PayActiv
115 people are tracked at PayActiv (31 in leadership, 12 in board & advisors, 72 in team).
| Name | Role | Group |
|---|---|---|
Simmi Sharma | Human Resources Generalist/talent Aquisition Partner | Leadership |
Michael Gregorio | VP, Product | Leadership |
Janet Sutherby | HR Director | Leadership |
Sridhar Ande | CFO | Leadership |
Mobeen Bajwa | Chief Growth Officer | Leadership |
Ijaz Anwar | Co-Founder & COO | Leadership |
Suzanne Merrick | Enterprise Sales Director, South Central And The Plains Regions | Leadership |
Sohail Aslam | Co-Founder & CTO | Leadership |
Safwan Shah | Founder & CEO | Leadership |
Abdullah Nasir | Associate Director Of Customer Onboardings And Revenue Operations | Leadership |
Nick Horton | Vice President | Leadership |
Daniel Fitzgerald | Channel Partner Manager | Leadership |
Asif Mujtaba Shah | Associate Director Of Finance | Leadership |
Alexa Bigornia | Creative Director | Leadership |
Mike Johnson | VP Of Growth | Leadership |
Devang Bhuva | Vice President Finance | Leadership |
Jason Ordon | Director, Growth Team - North America | Leadership |
Salim A. | Director Of IT Infrastructure & Operations | Leadership |
Ben Yu | VP Of Marketing | Leadership |
Chris Rivero | Enterprise Sales Director - Southeast | Leadership |
95 more people are available in the full profile.
Complete people profiles for PayActiv
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PayActiv
3 dated milestones of PayActiv across 8 years, from founding to its latest funding, stage changes and deals.
- Founded PayActiv is founded.
- Funding First funding round of $4.3M.
- Funding Latest funding round, Series C, of $100.0M.
Competitors of PayActiv
PayActiv has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Accolade and Sharecare.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | Employee health benefits are facilitated via a cloud-based platform. | ||
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. |
Detailed competitors of PayActiv
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.
Web traffic of PayActiv
The website of PayActiv (payactiv.com) receives about 635.4K visits a month and ranks #83,333 among all websites worldwide, #5,234 in Financial Planning and Management.
- Monthly visits635.4K
▲ 6.7% vs previous month
- Unique visitors112.8K
per month
- Global rank#83,333
among all websites
- Category rank#5,234
Finance · Financial Planning and Management
- Bounce rate24%
- Pages per visit3.9
- Average visit3 min 12 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with PayActiv. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paychex.com | 100% | 12.3M | #3,556 | View details | |
| dailypay.com | 74% | 1.7M | View details | ||
| connectpayusa.com | 71% | 84.6K | #383,695 | View details | |
| inovapayroll.com | 71% | 9.7K | #2,381,843 | View details | |
mortgagelenderscomparison.com | mortgagelenderscomparison.com | 54% | #185,477 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for PayActiv
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as PayActiv (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Payactiv
Complete news archive for PayActiv
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Frequently Asked Questions about PayActiv
PayActiv was founded in 2012 and raised its 1st funding round 2 years after it was founded.
PayActiv is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
PayActiv is a funded company, having raised a total of $133.55M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.35M, raised on Jun 2014.
PayActiv was founded in 2012 in San Jose, United States, within the financial technology sector. A platform is operated to deliver prepaid corporate cards as part of employee benefits programs. On-demand access to earned wages is enabled through user profiles and payment cards. The solution functions as a financial wellness tool, with applications available on Android and iOS devices for mobile use.
PayActiv's top competitors include Accolade, Hinge Health and Sharecare.
PayActiv has 4 investors. Key investors include Ziegler, Generation Partners, Eldridge Industries, and Softbank China and India Holdings.
Yes. PayActiv publishes Payactiv and 1 more app, with over 1 million downloads.
The website of PayActiv receives about 635 thousand visits a month and ranks #83,333 among all websites worldwide.