Payapps

Melbourne, Australia Founded: 2011 • Age: 15 yrs Acquired By Autodesk
Cloud-based platform enables collaboration and transactions for construction payments.
Annual revenue - Latest available
Total funding $3.5M 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Payapps

Payapps is a company based in Melbourne (Australia) founded in 2011 was acquired by Autodesk in January 2024. Payapps has raised $3.5 million across 4 funding rounds from investors including Canadian Imperial Bank of Commerce, Autodesk and Saniel Ventures. Payapps has completed 1 acquisition, including WebContractor. Payapps operates in a competitive market with competitors including Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.

  • Headquarter Melbourne, Australia
  • Sectors
    Real Estate & Construction
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.5 M (USD)

    in 4 rounds

  • Latest Funding Round
    $12.74 M (USD), Debt – Conventional

    Oct 31, 2023

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Autodesk

    (Jan 24, 2024)

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People of Payapps

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Lyn Crozier
Senior Business Development Manager
People
Carly Wilkinson
Senior Marketing Executive
People
Chloe Leigh
Head Of Marketing Uk&i
People
Daniel Giles
CFO & Company Secretary

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Funding Insights of Payapps

Payapps has successfully raised a total of $3.5M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $12.74 million completed in October 2023. 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.

Investors in Payapps

Payapps has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Autodesk and Saniel Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in tech startups are made by Saniel Ventures.
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Commercial banking services are provided to individuals and businesses.
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Investor details for Payapps

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Payapps

Payapps has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WebContractor.

Investments
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Investment portfolio details for Payapps

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Payment management platform for subcontractors
Locked Locked 2016 Locked
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Complete acquisition details for Payapps

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Payapps

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Detailed financials for Payapps

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  • Profit trends
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Payapps Comparisons

Payapps Primary company
Description
Cloud-based platform enables collaboration and transactions ...
Location
Melbourne, Australia
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Payapps

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Competitors of Payapps

Payapps 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 Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.

Company Name Domain Founded year HQ Location Description
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A cloud-based collaboration platform is offered for construction project teams.
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Provider of collaboration on web and mobile for field construction
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SaaS software for construction professionals' communication and collaboration is provided.
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Cloud-based project management software is delivered for construction projects.
Locked Locked Locked
Mobile-first quality management and field management solution for construction projects
Locked Locked Locked
Collaboration and scheduling software is provided for home construction.
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Detailed competitors of Payapps

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Latest news on Payapps

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Complete news archive for Payapps

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Payapps

Payapps was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Payapps is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Payapps is a funded company, having raised a total of $3.5M across 4 funding rounds to date.

Payapps was founded in 2011 in Melbourne, Australia, as a cloud-based platform serving the construction sector. Contract parties are supported in preparing, submitting, assessing, and certifying payment applications. Workflow management, automated reminders, notifications, and order management are facilitated. Integration with accounting systems such as QuickBooks, Xero, and Sage is available to streamline operations.

Payapps's top competitors include XYZ Reality, PlanGrid and Powerplay.

Payapps has made 1 acquisition, including WebContractor.

Payapps has 4 investors. Key investors include Canadian Imperial Bank of Commerce, Autodesk, Saniel Ventures, and Tauro Capital Partners.

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