PTO
Latest round
- Seed
Last raised
- Mar 2022
Total raised
- $9.1M
Investors
- 7
About PTO
PTO, Inc. was founded in 2013 in Seattle, US. The company provides a platform for employees to exchange their unused paid time off (PTO) for financial benefits, contributing to employee well-being. The founders, Greg Hatch, Rob Whalen, and Todd Lucas, have a history in developing employee-centric solutions.PTO Exchange offers a unique platform that allows employees to convert unused vacation time into various rewards, including retirement contributions, student loan payments, and charitable donations. Their core product enables employees to exchange the monetary value of their PTO for financial benefits tailored to individual needs, promoting financial wellness while addressing the challenges of unused PTO, which affects many organizations across the US.PTO Exchange operates on a subscription-based model, offering services to organizations that implement their platform for employee benefits. Clients pay for access to the PTO Exchange platform, facilitating the conversion of PTO into financial rewards, thus enhancing employee engagement and retention. The company is focused on expanding its product offerings and enhancing the platform to better serve client needs. Additionally, there are plans to enter new geographic markets to broaden their reach, although specific regions and timelines for this expansion have not been detailed.
Who invested in PTO
7 investors across 2 rounds
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Questions about PTO
Who invested in PTO?
PTO has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PTO raised?
PTO has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did PTO last raise money?
PTO's most recent round on record is a Seed, in Mar 2022.
What does PTO do?
PTO is a software company.
Where is PTO headquartered?
PTO is headquartered in Seattle, US.
Which VCs invest in companies like PTO?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PTO's stage. Their profiles are linked below.
VCs backing software startups at Seed
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