PayLease

San Diego, United States Founded: 2003 • Age: 23 yrs Acquired By Vista Equity Partners
Payment solutions are offered to the property management sector.

About PayLease

PayLease is a Real Estate & Construction company based in San Diego (United States) founded in 2003, and was acquired by Vista Equity Partners in June 2017. Payment solutions are offered to the property management sector. It operates in the Real Estate & Construction, Technology, and Financial Services sectors. The company has 328 employees. PayLease has completed 2 acquisitions, including Ocius and Zego. Its chief executive, as recorded, is Bill Nunan. Its website paylease.com draws about 306 thousand monthly visits. PayLease offers products and services including Zego Pay, Zego Utility, and Zego Mobile Doorman. Its focus areas include FinTech, Payments, Business Payments and Industry Specific. Its legal entity is PAYLEASE, LLC. Its competitors include Paymentus, PaySimple and AffiniPay; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 2003 and based in San Diego, United States, operations focus on online payment processing for property managers. Services encompass resident payments via credit cards, ACH, check scanning, and cash options, alongside real-time account integration for monitoring batch payments, returned items, invoice summaries, and cancellations. Additional capabilities, acquired through a 2015 merger with Ocius, include resident billing, expense management, and submetering within the property management industry.

  • Headquarters San Diego, United States
  • Employees 328
  • Stage Acquired
  • Sectors
    Real Estate & Construction
    Technology Financial Services
  • Website category Business and Consumer Services · Real Estate
  • Email
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  • Phone
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  • Website paylease.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by Vista Equity Partners (Jun 2017)
  • Legal Name Paylease, Llc
Key Metrics

Products & Services of PayLease

PayLease offers a comprehensive portfolio of products and services, including Zego Pay, Zego Utility, and Zego Mobile Doorman.

Zego Pay
Payment Platform

Automates digital payments for property management operations.

Zego Utility
Utility Management

Handles expense recoupment and billing for utilities.

Zego Mobile Doorman
Engagement Platform

Boosts resident retention through mobile app features.

Funding Insights of PayLease

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of PayLease with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2014Private Equity Round–Francisco Partners
–
Valuation history

2 investors in total: 2 institutional.

Investors in PayLease

PayLease has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners and Vista Equity Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm focused on technology sector
1999franciscopartners.comSan Francisco, United States
Investments are directed toward high-growth enterprise software and technology companies.
vistaequitypartners.comAustin, United States
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Investor details for PayLease

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  • Round participation
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People of PayLease

4 people are tracked at PayLease (2 in leadership, 2 in team); the tracked headcount is 328.

NameRoleGroup
Bill Nunan
CEO & PresidentLeadership
Kimberly Parada
Director, Payment OperationsLeadership
Alyson Marino
Senior Account ExecutiveTeam
Angela Diaz
Senior ManagerTeam
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Complete people profiles for PayLease

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  • Team structure
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Investments & Acquisitions by PayLease

PayLease has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ocius and Zego.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Residential communities are managed via an online platform.
zego.ioKansas, United States2017May 2019β€’β€’β€’β€’
SaaS platform for resident billing and utility management is offered.
ocius.netChicago, United States2000Mar 2015β€’β€’β€’β€’
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Complete acquisition details for PayLease

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of PayLease

5 dated milestones of PayLease across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded PayLease is founded.
  2. Funding First funding round.
  3. Acquisition Acquires Ocius.
  4. Exit Acquired by Vista Equity Partners.
  5. Acquisition Acquires Zego.

Competitors of PayLease

PayLease has 3 listed competitors in our database, 2 of them funded. They include Paymentus, PaySimple and AffiniPay.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
paymentus.com2004Atlanta, United States$23.6M1,273
Comprehensive billing and payment solution provider
paysimple.com2006Denver, United States$137.29M3,016
Online payment and invoicing solutions are offered to small businesses.
affinipay.com2005Austin, United States232
Self-hosted payment pages for B2B invoices are offered.
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Detailed competitors of PayLease

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of PayLease

The website of PayLease (paylease.com) receives about 306.3K visits a month and ranks #140,617 among all websites worldwide, #3,731 in Real Estate.

  • Monthly visits
    306.3K

    ▲ 10.1% vs previous month

  • Unique visitors
    156.9K

    per month

  • Global rank
    #140,617

    among all websites

  • Category rank
    #3,731

    Business and Consumer Services · Real Estate

Similar websites

Websites whose visitors overlap most with PayLease. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
narpm.org
narpm.org
100%
#369,496–
gscapts.com
gscapts.com
98%
#381,937–
zillow.com
92%
321.9M#68View details
apartments.com
87%
40.4M#843View details
redfin.com
80%
86.4M#453View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 27 similar websites and full traffic analytics for PayLease

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  • 27 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

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Top companies in Property Management Platforms

3 companies that operate in the same segment as PayLease (Property Management Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-enabled property management software is provided for residential properties.
1998Richardson, Texas, United StatesUSD 97.02 MUSD 46.69 M1,794
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based software is provided for vacation rental management and synchronization.
2013Walnut, California, United StatesUSD 409.25 M
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Related news about Paylease

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Complete news archive for PayLease

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Frequently Asked Questions about PayLease

PayLease was founded in 2003 and raised its 1st funding round 11 years after it was founded.

PayLease is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Bill Nunan is the CEO of PayLease, as recorded in our data.

PayLease has 328 employees.

Founded in 2003 and based in San Diego, United States, operations focus on online payment processing for property managers. Services encompass resident payments via credit cards, ACH, check scanning, and cash options, alongside real-time account integration for monitoring batch payments, returned items, invoice summaries, and cancellations. Additional capabilities, acquired through a 2015 merger with Ocius, include resident billing, expense management, and submetering within the property management industry.

PayLease's top competitors include Paymentus, PaySimple and AffiniPay.

PayLease offers Zego Pay, Zego Utility, and Zego Mobile Doorman.

PayLease has made 2 acquisitions, including Ocius, and Zego.

PayLease has 2 investors. Key investors include Francisco Partners, and Vista Equity Partners.

PayLease operates through Paylease, Llc.

Yes. PayLease was acquired by Vista Equity Partners in June 2017.

The website of PayLease receives about 306 thousand visits a month and ranks #140,617 among all websites worldwide.

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