About Payvment
Payvment is a Retail company based in Palo Alto (United States) founded in 2009, and was acquired by Intuit in January 2013. Social network e-commerce platform. Payvment has raised $7.4 million across 3 funding rounds from investors including Intuit, Ecwid and Sierra Ventures. Its focus areas include E-Commerce Enablers, Storefronts, Social Commerce and Facebook. Its legal entity is PAYVMENT INC. Its competitors include Squarespace, Weebly and Webs; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Palo Alto, United States
- Stage Acquired
- SectorsRetail
- Website payvment.com
- Social LinkedIn X Facebook
- Acquired by Intuit (Jan 2013)
- Legal Name Payvment Inc
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 $7.4M
- Total Rounds 3
- Last Round Series B — $6M
- First Round $250,000
(Jan 2009)
- Investors Count 2
All 3 funding rounds of Payvment 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 |
|---|---|---|---|---|---|
| Nov 2010 | $6M | Series B | – | Sierra Ventures | |
| Mar 2010 | $1.15M | Series A | – | BlueRun Ventures | – |
| Jan 2009 | $250,000 | Seed | – | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments in AI, healthcare, and enterprise technologies. | sierraventures.com | |||
Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences. | brv.com | |||
Financial and accounting software is developed for businesses and individuals. | 1983 | intuit.com | Mountain View, United States | |
E-commerce platforms are integrated into existing websites and social networks. | 2009 | ecwid.com | Encinitas, United States |
Investor details for Payvment
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Payvment
4 dated milestones of Payvment across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Payvment is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Series B, of $6.0M.
- Exit Acquired by Intuit.
Competitors of Payvment
Payvment has 3 listed competitors in our database, 3 of them funded. They include Squarespace, Weebly and Webs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| squarespace.com | 2003 | New York, United States | $591.5M | 1,749 | Cloud-based website builder tool | |
| weebly.com | 2007 | San Francisco, United States | $39.81M | 310 | Tools for creating websites and online stores are provided. | |
| webs.com | 2001 | Silver Spring, United States | $23.12M | Websites are built without coding via a cloud-based drag-and-drop platform. |
Detailed competitors of Payvment
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Payvment
Websites that share an audience with Payvment (payvment.com).
Websites whose visitors overlap most with Payvment. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| webdigi.co.uk | 100% | 680.7K | View details | ||
customcart.com | customcart.com | 100% | #12,474,161 | – | |
securenetshop.com | securenetshop.com | 77% | – |
Top companies in Social & Influencer Commerce
3 companies that operate in the same segment as Payvment (Social & Influencer Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Used multi-category products are traded via an app-based social marketplace. | 2011 | Redwood City, California, United States | USD 203 M | USD 7.23 M | 224 | |
Fourthwall is utilized by creators to build shops and memberships. | 2019 | Los Angeles, California, United States | USD 17 M | |||
Multi-category products are traded via an app-based video commerce platform. | 2019 | El Segundo, California, United States | USD 235.75 M | 151 |
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Related news about Payvment
Complete news archive for Payvment
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Frequently Asked Questions about Payvment
Payvment was founded in 2009.
Payvment is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
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 2009.
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.
Payvment's top competitors include Squarespace, Weebly and Webs.
Payvment has 4 investors. Key investors include Intuit, Ecwid, Sierra Ventures, and BlueRun Ventures.
Payvment operates through Payvment Inc.
Yes. Payvment was acquired by Intuit in January 2013.