# Pagos Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pagos-solutions

- Industry: Financial Services
- Headquarters: Hermosa Beach, US
- Website: www.pagos.ai
- Total disclosed funding: $44M
- Latest round: Series A (Jan 17, 2023)
- Investors on record: 4

## About

Pagos Solutions, Inc., based in Hermosa Beach, US, is a financial technology company specializing in payment data optimization and integration, aimed at enhancing transaction transparency and efficiency for businesses.Pagos Solutions, Inc. was founded in 2021 in Hermosa Beach, California. The company provides a payment solutions platform that streamlines payments data for businesses. The founder, Albert Drouart, has a history of involvement in similar ventures. Pagos has successfully completed 2 funding deals, with its most recent being a Series A round on January 17, 2023, where it raised USD 34 mn led by Arbor Ventures, alongside other investors like Infinity Ventures and Point72 Ventures. The total amount raised to date is USD 34 mn, leading to a current company valuation of USD 93.58 mn.Pagos offers a comprehensive payments platform designed to consolidate and optimize payments data for businesses. Its core product suite includes tools that integrate with existing payment processing services, enabling clients to harmonize fragmented payments data into a unified dataset. This functionality allows businesses to conduct thorough data analysis, monitor transaction anomalies, and gain insights into fees and payment trends. The platform serves various use cases, such as enhancing approval rates, managing chargebacks, and ensuring compliance with fee structures. Pagos primarily caters to top merchants across various sectors, empowering them to make data-driven decisions in regions such as North America, Europe, and Asia.Pagos generates revenue through subscription-based models and partnerships with its client base, which includes major retailers and e-commerce platforms. Clients pay for access to Pagos' advanced analytics and monitoring tools, which support better decision-making and improved payment processes. The company’s flagship offerings, such as the BIN Database and the Account Updater, serve as essential components in the pricing model. Revenue is derived from the volume of transactions processed and the ongoing subscription fees associated with each product, enabling clients to optimize their payment strategies while Pagos retains a portion of the transaction revenue. Each engagement typically involves tailored pricing plans based on the specific tools and services utilized by the customer.In January 2023, Pagos Solutions, Inc. raised USD 34 mn in Series A funding, led by Arbor Ventures, with participation from Infinity Ventures and returning investors including Point72 Ventures and Underscore VC. The company plans to use this funding to expand its engineering team and enhance its enterprise product suite, which includes tools such as Parrot, Peacock, Canary, Toucan, and Loon. Looking ahead, Pagos aims to launch new products and expand its market presence, particularly targeting growth in North America, Europe, and Asia.

## Funding rounds

- Series A, Jan 17, 2023, $34M — Arbor Ventures, Underscore VC, Point72 Asset Management, Infinity Ventures
- Seed, Oct 15, 2021, $10M — Underscore VC, Point72 Asset Management

## Investors

- Underscore VC (https://capitalatlas.ai/funds/underscore-vc) — Seed, Series A
- Point72 Asset Management — Seed, Series A
- Arbor Ventures (https://capitalatlas.ai/funds/arbor-ventures) — Series A
- Infinity Ventures (https://capitalatlas.ai/funds/infinity-ventures) — Series A