# Amino Payments

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amino-payments

- Industry: Financial Services
- Headquarters: Philadelphia, US
- Website: www.aminopay.com
- Total disclosed funding: $6.3M
- Latest round: Seed (Jan 1, 2019)
- Investors on record: 6

## About

Amino Payments, Inc. specializes in providing digital solutions that optimize operational efficiency and data management for various businesses, enabling improved communication and workflow processes across sectors.Founded in 2017 in Philadelphia, US, Amino Payments, Inc. offers digital solutions that streamline business operations. The founders, Chris Chapman and Will Luttrell, have a background in technology and entrepreneurship. In January 2021, the company was acquired by Integral Ad Science, Inc. from several investors including First Round Capital and Nyca. The company has completed 4 deals to date, with its latest funding round being a Seed round that raised USD 4.50 mn, led by First Round Capital with participation from other investors including Aperiam Ventures and Tessera Capital Partners, LLC.Amino Payments, Inc. provides a suite of digital solutions that enhance operational processes across multiple sectors. These products are designed to improve workflow efficiency and data management, targeting a diverse clientele ranging from small to medium-sized enterprises (SMEs) to larger corporations. The company services markets in North America, Europe, and Asia-Pacific, offering flagship solutions particularly beneficial to industries such as technology, retail, and healthcare.The company generates revenue through a subscription-based model, where clients subscribe annually or monthly to access its software solutions tailored to specific industry needs. This model fosters long-term client relationships while ensuring a steady revenue stream. Pricing plans vary based on service levels and features, allowing for scalability as client needs grow, while strategic partnerships further enhance revenue opportunities by offering collaborative solutions.While specific upcoming products have not been detailed, Amino Payments, Inc. is focusing on leveraging its recent funding from the Seed round to enhance product development and market reach. The company aims to expand into new markets, particularly targeting regions in North America and Europe by the end of 2023. This expansion is supported by the strategic use of funds from the latest funding round, allowing for enhanced product offerings and tailored solutions aimed at meeting the evolving demands of clients.

## Funding rounds

- Seed, Jan 1, 2019 — Western Technology Investment
- Seed, Feb 2, 2018, $4.5M — First Round Capital, Nyca, The Brandtech Group, Aperiam Ventures, Tessera Capital Partners, LLC
- Seed, Jul 25, 2017, $1.9M — First Round Capital

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed
- Nyca (https://capitalatlas.ai/funds/nyca) — Seed
- The Brandtech Group (https://capitalatlas.ai/funds/the-brandtech-group) — Seed
- Aperiam Ventures (https://capitalatlas.ai/funds/aperiam-ventures) — Seed
- Tessera Capital Partners, LLC — Seed
- Western Technology Investment (https://capitalatlas.ai/funds/western-technology-investment) — Seed