Tech Company Financing Transactions
PaySimple Funding Round
PaySimple, based in Denver, scored $115 million from Providence Equity Partners.
Transaction Overview
Company Name
Announced On
10/24/2016
Transaction Type
Venture Equity
Amount
$115,000,000
Round
Undisclosed
Investors
Providence Equity Partners (Mark Hastings)
Proceeds Purpose
The investment is expected to accelerate PaySimple's strategy to market services online, automate payment acceptance, and deliver one end-to-end solution to its customers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1515 Wynkoop St. 250
Denver, CO 80202
USA
Denver, CO 80202
USA
Phone
Website
Email Address
Overview
It all started on a balmy Spring day in 2005. Looking at the multi-family housing market, serial entrepreneurs Eric Remer (CEO) and Allen Wolff (Co-founder & CFO) saw a critical need to help property managers and owners automate the collection of monthly rent payments.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 10/21/2016: Atipica venture capital transaction
Next: 10/24/2016: Tovala venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs