Teampay
About this raise
Teampay, with a valuation of $145 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company uses its spend management technology to distribute, automate, and integrate spend management. The technology facilitates seamless workflows and allows finance teams to build rulesets to empower their team members and automate approvals. Teampay’s technology enables dynamic provisioning, real-time approvals, and payment authorization. Andrew Hoag founded Teampay in 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Deal Terms
- Platform
- OurCrowd
- Start Date
- 10/04/2021
- Close Date
- 10/13/2021
$10,000
$500,000
$10,000
Equity - Common
Growth Stage
RegD 506(c)
$145,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Location
- New York, New York
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/13/2021 | OurCrowd | $145,000,000 | - | Equity - Common | Funded | RegD 506(c) |