About Paytrack
Paytrack is a company based in Blumenau (Brazil) founded in 2016.. Paytrack has raised $41.6 million across 2 funding rounds from investors including Riverwood Capital and Parceiro Ventures. Paytrack operates in a competitive market with competitors including Tripeur, Jobbatical, Topia, JESI and Benivo, among others.
- Headquarter Blumenau, Brazil
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.6 M (USD)
in 2 rounds
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Latest Funding Round
$40 M (USD), Series B
Jan 22, 2025
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Investors
Riverwood Capital
& 1 more
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Employee Count
Employee Count
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Funding Insights of Paytrack
Paytrack has successfully raised a total of $41.6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in January 2025. 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 Funding
- Total Rounds 2
- Last Round Series B — $40.0M
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First Round
First Round
(07 Jan 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series B - Paytrack | Valuation | Riverwood Capital |
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| Jan, 2021 | Amount | Seed - Paytrack | Valuation | Parceiro Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Paytrack
Paytrack has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Riverwood Capital and Parceiro Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Carveout investments are managed by Riverwood Capital in private equity.
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Founded Year | Domain | Location | |
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A venture capital firm focused on B2B tech businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paytrack
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paytrack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paytrack Comparisons
Competitors of Paytrack
Paytrack 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 Tripeur, Jobbatical, Topia, JESI and Benivo, 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 |
AI and cloud-driven corporate travel management solutions are provided.
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| domain | founded_year | HQ Location |
Employee relocation services are managed via an online platform.
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| domain | founded_year | HQ Location |
Cloud-based management of mobile workforces and employee relocations is facilitated.
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| domain | founded_year | HQ Location |
Remote worker management software
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| domain | founded_year | HQ Location |
Employee mobility is managed via a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paytrack
Frequently Asked Questions about Paytrack
When was Paytrack founded?
Paytrack was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Paytrack located?
Paytrack is headquartered in Blumenau, Brazil. It is registered at Blumenau, Santa Catarina, Brazil.
Is Paytrack a funded company?
Paytrack is a funded company, having raised a total of $41.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Jan 07, 2021.
What does Paytrack do?
Online expense management and reimbursement software for enterprises. Its products are expenses reimbursements, travel self-booking, urban mobility, advance card, and KM refund. The software offers features such as automated tax filing, optical character recognition identification, linking expense reports, location-based registration process, making advance requests, invoice integration, mobility facility, and mileage reimbursements. It is also available on the Android and iOS version.
Who are the top competitors of Paytrack?
Paytrack's top competitors include Tripeur, Benivo and Jobbatical.
Who are Paytrack's investors?
Paytrack has 2 investors. Key investors include Riverwood Capital, and Parceiro Ventures.
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