# Teampay Corporation

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

- Industry: Software
- Headquarters: New York, US
- Website: www.teampay.co
- Total disclosed funding: $54M
- Latest round: Series B (Nov 29, 2022)
- Investors on record: 12

## About

Based in New York, US, and founded in 2016 and led CEO Dustin Renn, Teampay Corporation operates as a software-as-a-service-based platform that provides payment software solutions designed to request, approve, and track company spending. In April 2024, Paystand, Inc., acquired Teampay Corporation. 

Teampay Corporation offers a variety of features including accounting automation, ap automation, intelligent cards, proactive spend approvals, purchase assistant, reporting and analytics, and spend management. The company offers a wide range of products including accelerated approvals, intelligent cards, accounting automations, purchase assistant, reporting, and a mobile application platform. In addition, the firm provides its product and services for various sectors such as accounting, automatic reconciliation, finance, invoice processing, procurement, and purchase approval.

## Funding rounds

- Series B, Nov 29, 2022, $35M — Mastercard International Incorporated, Trestle Ventures, Espresso Capital, Proof Ventures, Gaingels, Fin Capital
- Series A, Oct 30, 2020, $5M — Crosscut Ventures Management, Precursor Ventures, Fin Capital, Tribe Capital
- Series A, Apr 19, 2019, $9.4M — Crosscut Ventures Management, Silicon Valley Bank, Precursor Ventures, Tribe Capital
- Seed, Feb 22, 2018, $4M — Crosscut Ventures Management, KEC Ventures, Precursor Ventures, Treville Capital Group

## Investors

- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Seed, Series A
- KEC Ventures (https://capitalatlas.ai/funds/kec-ventures) — Seed
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed, Series A
- Treville Capital Group (https://capitalatlas.ai/funds/treville-capital-group) — Seed
- Silicon Valley Bank — Series A
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series A
- Fin Capital (https://capitalatlas.ai/funds/fin-capital) — Series A, Series B
- Mastercard International Incorporated — Series B
- Trestle Ventures (https://capitalatlas.ai/funds/trestle-ventures) — Series B
- Espresso Capital — Series B
- Proof Ventures — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B