About Payvment
Payvment is a company based in Palo Alto (United States) founded in 2009 was acquired by Intuit in January 2013.. Payvment has raised $7.4 million across 3 funding rounds from investors including Intuit, Ecwid and Sierra Ventures. Payvment operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
- Headquarter Palo Alto, United States
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Payvment Inc
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Funding Insights of Payvment
Payvment has successfully raised a total of $7.4M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in November 2010. 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 3
- Last Round Series B — $6.0M
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First Round
First Round
(01 Jan 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2010 | Amount | Series B - Payvment | Valuation | Sierra Ventures | |
| Mar, 2010 | Amount | Series A - Payvment | Valuation | BlueRun Ventures |
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| Jan, 2009 | Amount | Seed - Payvment | Valuation |
investors |
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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 Payvment
Payvment has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Intuit, Ecwid and Sierra 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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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Founded Year | Domain | Location | |
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Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
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Founded Year | Domain | Location | |
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Financial and accounting software is developed for businesses and individuals.
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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 Payvment
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Payvment
| 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 |
Payvment Comparisons
Competitors of Payvment
Payvment 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 Shopify, Squarespace, Weebly, Webs and Nuvemshop, 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 |
E-commerce storefront solutions are provided for online businesses.
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce store creation and management are provided.
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| domain | founded_year | HQ Location |
Customized websites, blogs, and online stores are created using Jimdo.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Payvment
Frequently Asked Questions about Payvment
When was Payvment founded?
Payvment was founded in 2009.
Where is Payvment located?
Payvment is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Payvment a funded company?
Payvment is a funded company, having raised a total of $7.4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Jan 01, 2009.
What does Payvment do?
Payvment was founded in 2009 in Palo Alto, United States, within the e-commerce sector. A platform is operated that enables merchants to establish online stores on social networks like Facebook, personal websites, and mobile devices. Tools for social discovery and commerce are supplied, encompassing Facebook storefronts, social media integrations, promotional offers, one-click advertising on Facebook, and marketplace functionalities.
Who are the top competitors of Payvment?
Payvment's top competitors include Shopify, Squarespace and Weebly.
Who are Payvment's investors?
Payvment has 4 investors. Key investors include Intuit, Ecwid, Sierra Ventures, and BlueRun Ventures.
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