# Zipmark

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

- Industry: Software
- Headquarters: New York, US
- Website: www.zipmark.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Aug 14, 2013)
- Investors on record: 5

## About

Zipmark is a digital payment platform that simplifies and streamlines transactions for businesses and consumers, enhancing operational efficiency with innovative payment solutions.Founded in 2010 in New York, US, Zipmark provides a digital payment platform that enables users to make and receive payments easily. The company has raised USD 1.5 mn through a SEED funding round in August 2013, led by Village Ventures, with participation from Contour Venture Partners, NYC Seed, and others. The company is co-founded by Jake Howerton and Jay Bhattacharya, who also serves as the CEO, and Mark Kilaghbian. Zipmark has completed a total of 4 deals to date, with its most recent funding round occurring on August 14, 2013.Zipmark specializes in digital payment solutions that enhance user engagement and optimize transaction processes. Its core offerings include a payment platform that allows businesses and consumers to make secure transactions efficiently, catering to a diverse clientele, including small to medium-sized enterprises. The platform is designed to address the challenges of payment processing, providing users primarily in North America with a streamlined approach to managing their financial transactions.Zipmark generates revenue through a subscription-based model, allowing clients to choose from various service tiers that meet different business needs. Each tier includes specific features tailored to varying usage levels, enabling businesses—from startups to larger firms—to subscribe to monthly or annual plans. The user-friendly interface of Zipmark's payment platform is crucial for customer adoption and retention, significantly impacting the company’s overall revenue stream.Zipmark plans to leverage the USD 1.5 mn raised in its recent SEED funding round to expand its product offerings and enhance its platform capabilities. The company is focused on launching new features designed to optimize payment processing efficiency and improve user experience. Additionally, Zipmark is targeting expansion into new geographic markets, particularly in Europe, by 2024, aiming to increase its user base and service reach. The recent funding will support these growth initiatives and enhance the company’s competitive position in the digital payments landscape.

## Funding rounds

- Seed, Aug 14, 2013, $1.5M — Primary Venture Partners, Village Ventures, Contour Venture Partners, NYC Seed, Partnership Fund for New York City
- Seed, Dec 13, 2011, $2M — Primary Venture Partners, Village Ventures, Contour Venture Partners, NYC Seed, Partnership Fund for New York City

## Investors

- Primary Venture Partners (https://capitalatlas.ai/funds/primary-venture-partners) — Seed
- Village Ventures (https://capitalatlas.ai/funds/village-ventures) — Seed
- Contour Venture Partners (https://capitalatlas.ai/funds/contour-venture-partners) — Seed
- NYC Seed (https://capitalatlas.ai/funds/nyc-seed) — Seed
- Partnership Fund for New York City (https://capitalatlas.ai/funds/partnership-fund-for-new-york-city) — Seed