About PayRange
PayRange is a Financial Services company based in Portland (United States) founded in 2013, and was acquired by Turns in February 2025. Mobile payments for vending machines are facilitated via smartphone app. PayRange has raised $85.14 million across 6 funding rounds from investors including Turns, Ridgeview Partners and Matrix. PayRange has completed 3 acquisitions, including KioSoft, Turns and Vagabond Vending. Its website payrange.com draws about 158 thousand monthly visits. PayRange offers products and services including BluKey, BluCheck, BluKey Connect, and BluKey PayStation. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its legal entity is PAYRANGE INC. Its competitors include FreedomPay, Erply Retail POS and CardSpring; 3 of its 3 listed competitors have raised funding.
Company details
PayRange was founded in 2013 in Portland, United States, focusing on the fintech sector for vending machine transactions. A hardware device known as BluKey is installed on machines to handle secure credit card storage through a PCI-compliant processor. Customers use a dedicated smartphone application to select products and complete mobile-only payments, with no personal data transmitted to the device. Operations emphasize secure, contactless vending interactions.
Products & Services of PayRange
PayRange offers a comprehensive portfolio of products and services, including BluKey, BluCheck, BluKey Connect, and BluKey PayStation.
Facilitates cashless payments for laundry and vending machines
Handles age-gated payments for restricted machines
Provides real-time data for retail operations
Accepts various payment forms for self-service kiosks
Apps and channels of PayRange
PayRange publishes 2 mobile apps with over 1M+ downloads; its YouTube channel PayRange has 1.58K subscribers and 30 videos.
Videos from PayRange
The most watched videos on PayRange's YouTube channel, PayRange (1.58K subscribers). Click a video to play it here.
More on PayRange.
Funding Insights of PayRange
PayRange has successfully raised a total of $85.14M across 6 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 $85.14M
- Total Rounds 6
- First Round $405,067
(May 2014)
- Investors Count 3
All 6 funding rounds of PayRange 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 |
|---|---|---|---|---|---|
| Sep 2024 | Series B | – | – | ||
| Feb 2020 | $70M | Series B | – | – | – |
| Jun 2015 | $12M | Series A | – | – | |
| Aug 2014 | $150,000 | Seed | – | – | – |
| Jul 2014 | $2.58M | Seed | – | – | – |
| May 2014 | $405,067 | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in PayRange
PayRange has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Turns, Ridgeview Partners and Matrix.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology-focused private equity investments are managed by the company. | ridgeview-partners.com | San Francisco, United States | ||
Early-stage ventures are funded by the investment firm. | matrix.vc | San Francisco, United States | ||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Provider of business management software for laundry | 2020 | turnsapp.com | Delaware, United States |
Investor details for PayRange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of PayRange
17 people are tracked at PayRange (12 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Brian Simms | Chief Revenue Officer | Leadership |
Parker Baldwin | Chief Financial Officer | Leadership |
Rakesh Kulangara | Vice President Of Engineering | Leadership |
Paresh Patel | Founder & CEO | Leadership |
Jonathan Hardy | VP Of Finance | Leadership |
MARC SISLER | Enterprise Sales Director | Leadership |
Christoff Smit CA(SA) | Chief Operating Officer | Leadership |
Nemisha Patel | Director of Growth | Leadership |
Raman Yakkala | Vice President of Engineering | Leadership |
Srinivas Annam | Chief Software Architect | Leadership |
Ashley Brooks | Executive Assistant to Chief Executive Officer | Leadership |
Nicholas Hornschuch | Director Of Field Operations | Leadership |
Stephanie Cordisco | EVP, New Growth Initiatives | Team |
Jeff Watts | Corporate Controller | Team |
Savanna Ryan | Customer Service Manager | Team |
Deeptesh "Dave" Daya | Implementation Manager | Team |
David Belleville | Hardware Engineer | Team |
Complete people profiles for PayRange
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
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Investments & Acquisitions by PayRange
PayRange has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include KioSoft, Turns and Vagabond Vending.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Offers self-serve solutions including payments and management tools for businesses. | kiosoft.com | Boynton Beach, United States | 2002 | Dec 2025 | •••• | |
Provider of business management software for laundry | turnsapp.com | Delaware, United States | 2020 | Feb 2025 | •••• | |
IoT-powered vending solutions are provided for the food industry. | vgbnd.co | 2011 | May 2023 | •••• |
Complete acquisition details for PayRange
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of PayRange
7 dated milestones of PayRange across 12 years, from founding to its latest funding, stage changes and deals.
- Founded PayRange is founded.
- Funding First funding round of $405K.
- Acquisition Acquires Vagabond Vending.
- Funding Latest funding round, Series B,.
- Acquisition Acquires Turns.
- Exit Acquired by Turns.
- Acquisition Acquires KioSoft.
Competitors of PayRange
PayRange has 3 listed competitors in our database, 3 of them funded. They include FreedomPay, Erply Retail POS and CardSpring.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freedompay.com | 2000 | Radnor, United States | $7.76M | 243 | Online payment gateway and MPOS solutions are offered to businesses. | |
| erply.com | 2009 | New York, United States | $4.22M | 76 | Cloud-based POS and inventory management software is provided for retailers. | |
| cardspring.com | 2010 | Palo Alto, United States | $10M | Mobile applications are connected to payment cards via APIs. |
Detailed competitors of PayRange
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of PayRange
The website of PayRange (payrange.com) receives about 158.2K visits a month.
- Monthly visits158.2K
▲ 8.4% vs previous month
Websites whose visitors overlap most with PayRange. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
parkmobile.zendesk.com | parkmobile.zendesk.com | 100% | – | ||
| youtube.com | 26% | 30.4B | #2 | View details |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as PayRange (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
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 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Payrange
Complete news archive for PayRange
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Frequently Asked Questions about PayRange
PayRange was founded in 2013 and raised its 1st funding round 1 year after it was founded.
PayRange is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
PayRange is a funded company, having raised a total of $85.14M across 6 funding rounds to date. The company's 1st funding round was a Seed of $405.07K, raised on May 2014.
PayRange was founded in 2013 in Portland, United States, focusing on the fintech sector for vending machine transactions. A hardware device known as BluKey is installed on machines to handle secure credit card storage through a PCI-compliant processor. Customers use a dedicated smartphone application to select products and complete mobile-only payments, with no personal data transmitted to the device. Operations emphasize secure, contactless vending interactions.
PayRange's top competitors include FreedomPay, Erply Retail POS and CardSpring.
PayRange offers BluKey, BluCheck, BluKey Connect, and BluKey PayStation.
PayRange has made 3 acquisitions, including KioSoft, Turns, and Vagabond Vending.
PayRange has 4 investors. Key investors include Turns, Ridgeview Partners, Matrix, and Google Ventures.
PayRange operates through Payrange Inc..
Yes. PayRange was acquired by Turns in February 2025.
Yes. PayRange publishes PayRange and 1 more app, with over 1 million downloads.
The website of PayRange receives about 158 thousand visits a month.