PaySimple

Denver, United States Founded: 2006 • Age: 20 yrs
Online payment and invoicing solutions are offered to small businesses.
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About PaySimple

PaySimple is a company based in Denver (United States) founded in 2006.. PaySimple has raised $137.29 million across 5 funding rounds from investors including Aurionpro, Providence Equity and Susquehanna Growth Equity. PaySimple has completed 1 acquisition, including Service Roundtable. PaySimple operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.

  • Headquarter Denver, United States
  • Sectors
    Technology
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $137.29 M (USD)

    in 5 rounds

  • Latest Funding Round
    $115 M (USD), Private Equity Round

    Oct 20, 2016

  • Investors
    Aurionpro

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of PaySimple
Headcount 500-1000
Employee Profiles 30
Employee Profiles
People
Jeff Olson
VP, Customer Experience
People
Patrick Smyth
VP, Engineering
People
Angela Kinchen
Manager Of Customer Success
People
Tony Neugebauer
Customer Success Manager - Growth

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Funding Insights of PaySimple

PaySimple has successfully raised a total of $137.29M across 5 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $115 million completed in October 2016. 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
  • Total Rounds 5
  • Last Round Private Equity Round — $115.0M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2016 Amount Private Equity Round - PaySimple Valuation Providence Equity Partners
Sep, 2011 Amount Series B - PaySimple Valuation Susquehanna Growth Equity
Sep, 2009 Amount Series A - PaySimple Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PaySimple

PaySimple has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Aurionpro, Providence Equity and Susquehanna Growth Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments in media, communications, education, and technology sectors.
Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Loan and cash management solutions are provided for banks.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PaySimple

PaySimple has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Service Roundtable. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital resources and group buying are provided to contractors.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - PaySimple

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Paysimple Comparisons

Employees
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Competitors of PaySimple

PaySimple 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 Stripe, PayPal, Flutterwave, Square and Wright Express, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
Online payment solutions are offered to consumers and businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Employee benefit administration and payment solutions are provided for enterprises.
domain founded_year HQ Location
Comprehensive billing and payment solution provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Paysimple

Frequently Asked Questions about PaySimple

When was PaySimple founded?

PaySimple was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is PaySimple located?

PaySimple is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Is PaySimple a funded company?

PaySimple is a funded company, having raised a total of $137.29M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4.05M, raised on Oct 17, 2007.

What does PaySimple do?

Founded in 2006 and based in Denver, United States, PaySimple operates in the SaaS sector, focusing on payment solutions for small businesses. Recurring billing, electronic invoicing, hosted payments, ACH debits, credit card processing, and echeck services are provided through an integrated system. Customizable online payment pages and a unified dashboard for managing payments and customers are featured. More than 10,000 small business merchants are served.

Who are the top competitors of PaySimple?

PaySimple's top competitors include Stripe, PayU and Flutterwave.

How many acquisitions has PaySimple made?

PaySimple has made 1 acquisition, including Service Roundtable.

Who are PaySimple's investors?

PaySimple has 3 investors. Key investors include Aurionpro, Providence Equity, and Susquehanna Growth Equity.

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