YayPay
Latest round
- Series A
Last raised
- Dec 2018
Total raised
- $8.4M
Investors
- 7
About YayPay
YayPay Inc.Founded in 2015 in New York, USA, YayPay Inc. specializes in AR automation solutions. In July 2020, YayPay was acquired by Neopost, the financial terms of which were not disclosed.YayPay Inc. specializes in Accounts Receivable (AR) automation solutions primarily through its flagship product, Quadient AR by YayPay. The software streamlines the accounts receivable process for B2B finance teams, enhancing efficiency in invoicing, collections, and cash application. The platform features tailored collection workflows, real-time access to AR data via customizable dashboards, and secure integrated payment portals.YayPay generates revenue primarily through subscription-based pricing models for its AR automation software and related services. Clients typically engage in annual or multi-year contracts that provide access to the software, with fees structured around the service level and features selected.YayPay's strategy for future growth includes the continued expansion of its AR automation product offerings. The acquisition by Neopost may provide additional resources to support these initiatives. The most recent deal occurred on July 29, 2020, when YayPay was acquired, and further developments in growth strategies are anticipated as integration continues.
Who invested in YayPay
7 investors across 1 round
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Funding rounds
Series A
Dec 12, 2018
Amount
$8.4M
Investors
Questions about YayPay
Who invested in YayPay?
YayPay has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has YayPay raised?
YayPay has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did YayPay last raise money?
YayPay's most recent round on record is a Series A, in Dec 2018.
What does YayPay do?
YayPay is a software company.
Where is YayPay headquartered?
YayPay is headquartered in New York, US.
Which VCs invest in companies like YayPay?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at YayPay's stage. Their profiles are linked below.
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