PayTollo

San Francisco, United States Founded: 2015 • Age: 11 yrs Acquired By Automatic
Toll payments are enabled via a mobile application for users.
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About PayTollo

PayTollo is a company based in San Francisco (United States) founded in 2015 was acquired by Automatic in October 2018.. PayTollo has raised $1.31 million across 2 funding rounds from investors including Automattic. PayTollo offers products and services including Deep Tissue Vitality Course, Stress Relieve Aromatherapy Course, Refresh and Recharge Course, and Royal Tranquility Course. PayTollo operates in a competitive market with competitors including Bestpass, Modeshift, Express Lanes, NextPass and DriveERT, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Paytollo, Inc
  • Jurisdiction Na, Maharashtra, India
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → General Mobility & Transit Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.31 M (USD)

    in 2 rounds

  • Latest Funding Round
    $918.74 K (USD), Seed

    Sep 23, 2016

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Automatic

    (Oct 11, 2018)

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Products & Services of PayTollo

PayTollo offers a comprehensive portfolio of products and services, including Deep Tissue Vitality Course, Stress Relieve Aromatherapy Course, Refresh and Recharge Course, and Royal Tranquility Course. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides deep pressure to relieve chronic fatigue and tension.

Uses oils for relaxation and stress reduction.

Offers fast body scrub and massage for quick revitalization.

Customized premium massage for ultimate comfort and healing.

Funding Insights of PayTollo

PayTollo has successfully raised a total of $1.31M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $918.74 thousand completed in September 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 2
  • Last Round Seed — $918,736
  • First Round

    (06 May 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2016 Amount Seed - PayTollo Valuation

investors

May, 2016 Amount Seed - PayTollo 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 PayTollo

PayTollo has secured backing from 1 investor. Prominent investors backing the company include Automattic. 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
Investor Description Founded Year Domain Location
Automattic is engaged in providing web development and hosting services.
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 PayTollo

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

Financial Statements - PayTollo

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

Paytollo Comparisons

Employees
+
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Competitors of PayTollo

PayTollo 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 Bestpass, Modeshift, Express Lanes, NextPass and DriveERT, 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
Web-based solutions for toll payments and management are provided.
domain founded_year HQ Location
Offers a SaaS platform for automated fare collection in transit operations.
domain founded_year HQ Location
Road assistance for drivers is provided via an app-based platform.
domain founded_year HQ Location
Serves as a toll payment solution for consumers.
domain founded_year HQ Location
Online toll payment solutions for consumers
domain founded_year HQ Location
Payment facilitator solutions for toll agencies
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 Paytollo

Frequently Asked Questions about PayTollo

When was PayTollo founded?

PayTollo was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is PayTollo located?

PayTollo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is PayTollo a funded company?

PayTollo is a funded company, having raised a total of $1.31M across 2 funding rounds to date. The company's 1st funding round was a Seed of $389.79K, raised on May 06, 2016.

What does PayTollo do?

PayTollo was founded in 2015 in San Francisco, United States, within the mobile payments sector. A dedicated app is offered for Android and iOS platforms, where users register to handle toll transactions. Payments are processed upon arrival at toll posts, thereby eliminating the need for queues or cash exchanges. Operations focus on streamlining road toll experiences across supported devices.

Who are the top competitors of PayTollo?

PayTollo's top competitors include Bestpass, Express Lanes and tapNpay.

What products or services does PayTollo offer?

PayTollo offers Deep Tissue Vitality Course, Stress Relieve Aromatherapy Course, Refresh and Recharge Course, and Royal Tranquility Course.

Who are PayTollo's investors?

PayTollo has 1 investor. Key investors include Automattic.

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