PaySimple is a cloud-based Service Commerce platform that helps service-based business owners run their companies and accept payments. Its product includes online appointment scheduling, payment and registration forms, an online store, and multi-channel payment acceptance (in person, online, over the phone, via invoice, and by recurring billing) with a customer management solution at its core. An API provides SaaS companies with payment acceptance, card-on-file, customer management, and billing automation capabilities. Founded in 2006 and led by CEO Eric Remer, PaySimple serves over 17,000 companies across industries including fitness and wellness, non-profit and education, and home and professional services. The company intends to use new funding to accelerate growth and to execute a strategy to market services online, automate payment acceptance, and deliver one end-to-end solution to its customers. PaySimple is positioned as an integrated platform for service-based businesses seeking payments and customer-management tools. PaySimple provides a Software as a Service platform that enables small-to-mid-sized businesses to bill, collect, and manage customer payments. Its solution includes recurring billing, email invoicing, ACH direct-debit, credit card and echeck processing, and online payments. The company targets small businesses seeking accounts receivable automation. PaySimple is led by CEO Eric Remer and is based in Denver, CO. On 28 September 2011 the company closed a $16m financing led by Susquehanna Growth Equity, LLC. As part of the investment, Amir Goldman of Susquehanna Growth Equity will join PaySimple's board of directors.

Total raised

$131M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2016