PayDragon is a mobile commerce startup built by Paperlinks (Y Combinator-backed) that launched earlier this year. Its Checkout feature lets users scan barcodes on commodity or non-perishable grocery items in the iPhone or Android app and purchase them with a single click for two-day delivery. The app emphasizes extreme simplicity over cart-building and includes gamification—points, rewards, and discounts—to incentivize repeat purchases. For fulfillment the team currently buys items at local vendors, packages them, and ships them directly, which lets PayDragon bundle items without user-managed carts. The company retains its legacy Takeout feature for restaurant orders but is shifting focus toward broader mobile commerce. PayDragon has raised $1.35 million in seed funding from a group of angel and institutional backers.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2012