SupportPay
Latest round
- Seed
Last raised
- Dec 2023
Total raised
- $10M
Investors
- 17
About SupportPay
Founded in Charlotte, US, SupportPay provides a comprehensive financial management solution for families. Sheri Atwood serves as both the Founder and CEO, bringing her expertise to the company. SupportPay's core offering is a comprehensive financial management platform designed specifically for modern families, facilitating the management of shared expenses, payments, and schedules across multiple households. The platform integrates various functionalities, allowing users to send and receive payments via bank transfers or PayPal, manually input payments through cash, checks, or credit cards, and securely store all financial data in one centralized location. By automating the processes of expense splitting, tracking, and sharing relevant documents, SupportPay aims to eliminate the stress and conflicts often associated with managing family finances.SupportPay generates revenue through subscription models that cater to different user needs, including families and employers. The firm offers various pricing plans tailored to the features utilized by clients, facilitating transactions centered around the management of child support, alimony, and other shared family expenses. Clients can engage with the platform under a direct-to-consumer model, benefiting from services that streamline financial communications and simplify record-keeping. Transactions are primarily structured around monthly or annual subscription fees, which grant access to the platform’s comprehensive features, enhancing users' ability to manage expenses and maintain financial transparency within families. SupportPay is targeting broader market reach, with plans to increase its presence in new geographic regions. Specific markets for expansion are currently being evaluated, with detailed strategies expected to be outlined in the coming year.
Who invested in SupportPay
17 investors across 6 rounds
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Questions about SupportPay
Who invested in SupportPay?
SupportPay has 17 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SupportPay raised?
SupportPay has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did SupportPay last raise money?
SupportPay's most recent round on record is a Seed, in Dec 2023.
What does SupportPay do?
Founded in Charlotte, US, SupportPay provides a comprehensive financial management solution for families.
Where is SupportPay headquartered?
SupportPay is headquartered in Charlotte, US.
Which VCs invest in companies like SupportPay?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at SupportPay's stage. Their profiles are linked below.
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