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Paid (company)

Paid (company)

Paid is a San Francisco-based modern billing automation platform for small and large businesses.

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Contents

Paid is a provider of a billing automation platform designed to offer invoicing services. The company's billing automation platform tracks expenses, generate and issues invoices, offers reminders about outstanding payments and reconciles accounts, enabling businesses to manage their accounts receivable. Paid replaces the need for businesses to dedicate engineering resources or hire employees to build their own accounts receivable management.

Paid also offers an API to translate customer data into custom-branded invoices and manages the payment process from reminders to reconciliation. Paid's integration allows users to accept payment via credit card, PayPal, ACH and wire transfers through invoices. The API can also collect and deposit checks.

Paid also offers a white-label solutions allowing companies to use their branding, billing terms, and payment methods and can be adapted and integrated into various business models.

Acquired

Auction Mobility, a white-label e-commerce solutions for the auction industry, acquired its long-time partner, Paid Labs, in January 25, 2019. The amount of the acquisition was undisclosed.

Timeline

No Timeline data yet.

Further Resources

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References

paidlabs.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Payment
Payment
‌
Electronic invoicing
Finance
Finance
‌
Billing
Financial services
Financial services
Payment system
Payment system
Application programming interface (API)
Application programming interface (API)
Location
San Francisco
San Francisco
Founder
‌
Adam Roberts (entrepreneur)
‌
Ryan Jackson (entrepreneur)
AngelList URL
angel.co/company/pa...abs/funding
Pitchbook URL
pitchbook.com/profiles...114739-57
Accelerator
Y Combinator
Y Combinator
Accelerator Batch
‌
Y Combinator S14 Batch
Parent Organization
Auction Mobility
Auction Mobility
CIK Number
1,017,655
Place of Incorporation
Delaware
Delaware
Investors
Pear (venture capital)
Pear (venture capital)
Investo
Investo
Jude Gomila
Jude Gomila
Maiden Lane
Maiden Lane
Founder Collective
Founder Collective
Jeff Rich (entrepreneur)
Jeff Rich (entrepreneur)
Y Combinator
Y Combinator
Squares Capital
Squares Capital
-1
IRS Number
731,479,833
Founded Date
2014
-1
Email Address
hello@paidlabs.com
Phone Number
+14155069330
Total Funding Amount (USD)
2,920,000
Latest Funding Round Date
October 30, 2015
Competitors
Synthesia
Synthesia
Squirrel (company)
Squirrel (company)
Stock Symbol
PAYD
Acquisition Transaction
‌
Auction Mobility acquires Paid
Latest Funding Type
Seed round
Seed round
Wellfound ID
paid-labs
Headquarters
Massachusetts
Massachusetts

Other attributes

Company Operating Status
Active
Partner Organizations
Pera Finance
Pera Finance
SIC Code
7,389

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