PayIt

About

PayIt is a provider of digital government services that simplifies business through its mobile transaction and payment platform.

Kansas City,Missouri,United States
101 - 250
https://www.payitgov.com

Highlights

Details

Last Funding Type: Convertable Note
Industries: FinTech,GovTech,Mobile,Payments
Founded date: Jan 1, 2013
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: PayIt, LLC.

PayIt simplifies doing business with the state, local, and federal government through its patent-pending mobile transaction and payment platform. The company strives to provide an open Digital Government Platform that allows their partners and the industry to collaborate on providing the best solution to improve the delivery of government services to citizens. They deliver an innovative solution that enables residents to access essential government services from any device.

PayIt was founded in 2013 and is headquartered in Kansas City, Missouri.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$194.50M

PayIt has raised a total of $194.50M in funding over 2 rounds. Their latest funding was raised on Aug 4, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 4, 2022	Series Unknown	$90M	1	Macquarie Capital	—	Detail
Mar 27, 2019	Series B	$100M	2	Insight Partners	—	Detail
Mar 15, 2018	Convertable Note	—	3	—	—	Detail
Aug 15, 2017	Convertable Note	—	1	—	—	Detail
Jan 19, 2016	Series A	$4.50M	5	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

8

PayIt is funded by 8 investors. Macquarie Capital and Insight Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Macquarie Capital	Yes	Series Unknown
Insight Partners	Yes	Series B
Weatherford Capital	—	Series B
Advantage Capital	—	Convertable Note
KCRise Fund	—	Convertable Note
Royal Street Ventures	—	Convertable Note
Adam Blake	—	Series A
Missouri Technology Corporation	—	Series A