# Payy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/payy

- Industry: Software
- Headquarters: New York, US
- Website: www.payy.network
- Total disclosed funding: $6M
- Latest round: Seed (Mar 25, 2026)
- Investors on record: 3

## About

Based in New York, US, and founded in 2022 by CEO Sid Gandhi, and CTO Calum Moore, Polybase Labs, trading under the name Payy operates as a privacy-preserving decentralized database company that provides a decentralized application development platform for web3 developers. In March 2026, Payy raised USD 6 million in seed funding led by new investor FirstMark Capital, with participation from other new investors Robot Ventures and DBA. Other unspecified investors also participated in the round.

The company provides tools and a decentralized database that allows users to create decentralized Web3 applications. The company offers a privacy-preserving decentralized database built on zk-STARKs, which allows users to build and launch apps by combining the characteristics of web2 databases and blockchains.

The company will use the March 2026 funding to support its growth and further development of its privacy-focused payments network.

## Funding rounds

- Seed, Mar 25, 2026, $6M — FirstMark Capital, Robot Ventures, DBA

## Investors

- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- DBA (https://capitalatlas.ai/funds/dba) — Seed