Tech Company Financing Transactions
PayHOA Funding Round
Elephant Partners and private investors participated in a $27.5 million Series A venture round for PayHOA. The round was announced on 5/15/2024.
Transaction Overview
Company Name
Announced On
5/15/2024
Transaction Type
Venture Equity
Amount
$27,500,000
Round
Series A
Investors
Elephant Partners (Lead Investor) (Peter Fallon)
Proceeds Purpose
The new funds will mostly go toward product development and hiring. PayHOA has plans to grow its team by 40% across engineering, sales and support.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
400 East Vine Street 201
Lexington, KY 40507
USA
Lexington, KY 40507
USA
Phone
Undisclosed
Website
Email Address
Overview
At PayHOA, our journey began with a simple observation: Most homeowner associations are burdened with an array of spreadsheets and tools to manage their everyday operations. This fragmented approach often leads to inefficiencies and confusion.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Bollinger
Chief Operating Officer
Jesse Hitt
Chief Technical Officer
Dale Smith
VP - Customer Service
Natalie Jordan
VP - Product Management
JB Goll
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