Early Stage

A Supply Chain, FinTech Payment Company

A Supply Chain, FinTech Payment Company


Raised this Round: Raised: $40,050

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap




Year Founded



Financial & Insurance Products & Services

Tech Sector


New York, New York

Small businesses are often the Davids in the Goliath world of large corporations. In fact, when small businesses provide their services to these large corporations, they can wait between 45-120 days to be paid for those services. Yikes! When you’re a small business, every penny counts, and waiting up to four months for reimbursement can feel like four years - and be highly detrimental.

That’s where Paygevity is here to save the payment day and even out the David-Goliath situation. Paygevity is a B2B financial technology company that pays small businesses within ten days of the service being provided. The big corporations then pay Paygevity, so if there’s a long wait, the small business doesn’t become impacted - but everyone can still get paid. In return, Paygevity takes a small nominal processing fee from the overall invoice. Voila! Everyone benefits.

Paygevity has partnered with Salesforce to develop their technology platform for doing all of this. Called “PromptPay” (of which Paygevity owns 100% of the IP), this platform is protected by Salesforce security. All of the Supplier Account Payable data that companies provide to Paygevity is stored on Salesforces’s cloud infrastructure, meaning that data is safe, secure, and encrypted in the Salesforce cloud. It’s a win-win for all parties involved.

And Paygevity has already hit the ground running -- they have a beta pilot program running with a Fortune 500 consumer goods corporation; they’ve been asked to onboard sizeable account payable programs for two large corporate clients; and they raised $1 million in their Convertible Note round. Plus, there’s no shortage of clients or need for their service, as every Fortune 1000 corporations falls in Paygevity’s targeted market. Add in the fact that the few competitors that exist are mostly foreign based, and suddenly it makes sense why Paygevity might be achieving some serious longevity pretty soon.

After all, a financial solution and secure platform that helps both small companies and large corporations sounds like a grand slam. Investing in Paygevity means investing in the future of America’s supply chain community - something we all need to be running as smoothly as possible for everyone.

“Who Should Be Interested in this Offering”
Are you a small business owner? Do you work at a large corporation? If yes, Paygevity could be what you need. It helps small businesses stay current with their expenses without posting collateral, while helping large corporations extend their Days Payable Outstanding. Mix in the fact that it has the ability scale quickly, and Paygevity might just be the longevity investment you’ve been waiting for.
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Paygevity 04/29/2019 StartEngine $11,000,000 $17,000 Convertible Note Funded RegCF
Paygevity 01/15/2018 StartEngine $5,000,000 $40,050 Convertible Note Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)


$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Paygevity on StartEngine
Platform: StartEngine
Security Type: Convertible Note
Valuation: $5,000,000

Follow company

Follow Paygevity on StartEngine

Buy Paygevity's Deal Report

Warning: according to the close date for this deal, Paygevity may no longer be accepting investments.

Paygevity Deal Report

Get KingsCrowd’s comprehensive report on Paygevity including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Paygevity is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Paygevity deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge