Tech Company Financing Transactions

Payable Funding Round

Payable, operating out of San Francisco, secured $6 million from CRV, Earlybird Venture Capital and Clocktower Technology Ventures.

Transaction Overview

Company Name
Payable
Announced On
10/11/2022
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors

CRV (Lead Investor) (James Green)

Earlybird Venture Capital (Lead Investor) (Tim Rehder)

Clocktower Technology Ventures

Conversion Capital

private investors (Francesco Simoneschi)

private investors (Hristo Borisov)

private investors (Nik Milanovic)

Proceeds Purpose
Now, with this fresh capital raise, the fintech innovators will scale the company and add new integrations with banks across the United Kingdom as well as expand its coverage to other European countries beyond the U.K.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
73 Sumner St.
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
www.payable.com
Email Address
[email protected]
Overview
Payable helps thousands of contractors get paid faster and more efficiently. Much more than payments, we're on a mission to strengthen the 1099 workforce by making invoicing, work-tracking, onboarding, and calculating earnings and taxes as simple as possible for both contractors and the companies they work with.
Profile
Payable LinkedIn Company Profile
Social Media
Payable Company Twitter Account
Company News
Payable News
Facebook
Payable on Facebook
YouTube
Payable on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tad Milbourn
  Tad Milbourn LinkedIn Profile  Tad Milbourn Twitter Account  Tad Milbourn News  Tad Milbourn on Facebook
VP - Engineering
Peter Terrill
  Peter Terrill LinkedIn Profile  Peter Terrill Twitter Account  Peter Terrill News  Peter Terrill on Facebook
VP - Marketing
Laura Zulliger
  Laura Zulliger LinkedIn Profile  Laura Zulliger Twitter Account  Laura Zulliger News  Laura Zulliger on Facebook
VP - Sales
Matt McGowan
  Matt McGowan LinkedIn Profile  Matt McGowan Twitter Account  Matt McGowan News  Matt McGowan on Facebook

 

 

Browse more venture capital transactions:

Prev: 10/11/2022: Universal Hydrogen venture capital transaction
Next: 10/11/2022: Chronograph venture capital transaction

 

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About Database of VC Transactions

We do our best to record tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

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