Payra offers ERP-native software that lets construction material suppliers, concrete producers, lumber yards, HVAC distributors and other blue-collar businesses accept ACH, card and other digital payments directly within their existing accounting systems. Its platform embeds into legacy ERPs such as Trimble Viewpoint, Foundation, Sage and Netsuite, automating cash application, reconciliation and invoice matching without requiring a costly rip-and-replace. Customers report 20% reductions in days sales outstanding and a 75% decrease in past-due invoices, along with significant accounting time savings. Within 15 months of launch, the company has grown to a revenue run rate exceeding $10 million, driven by demand from family-owned and regional businesses across the U.S. heartland. Payra estimates its core market of construction suppliers represents a $200 billion segment that remains largely underserved by modern fintech. The firm positions its AI-enabled, ERP-native approach as a key differentiator in the crowded AR automation market. New capital will be directed toward expanding product capabilities, deepening ERP integrations and scaling go-to-market efforts across construction and industrial verticals.

Total raised

$15M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2026