United States · Seed startup

Who invested in Paid

7 rounds we have observed, with the 23 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advertising & AdtechAICreator EconomyFintech

Y Combinator: S14

Funding summaryUpdated 5 Nov 2026

$297Mraised across 7 rounds since 2015, from 7 sources

$250MSeries C
Latest round
Seed, $22MSept 2025
Led by
Lightspeed Venture Partners
Biggest round
$250MSeries C · Dec 2018
Step-upi
1.4×
Investors
23 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20172019202120232025
$1.4MSeed?Seed$9.0MSeries A$250MSeries C$15MSeries B?Venture$22MSeed
First round
Seed, $1.4M
Oct 2015
Biggest round
$250M
Series C · Dec 2018
Usual gap between rounds
22 months
the median of 6

The rounds

  1. Sept 2025
  2. Sept 2022
    VentureAmount undisclosed3 new

    Source recorded

  3. Aug 2021
  4. Dec 2018
    Series C$250M5 new

    Reported by FinSMEs

  5. May 2018
    Series A$9.0M2 new
    • Freycinet
    • ScaleUP Ventures/ Aitken

    Reported by FinSMEs

  6. Jul 2016
    SeedAmount undisclosed1 new

    Reported by BetaKit: funding

  7. Oct 2015
    Seed$1.4M2 new

    From a historical funding recordSEC filing: $180K sold, first sale Oct 2015

Funding filed with regulators

Paid filed 2 raises, $705K in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Oct 2015$180K7 investorsequity, optionsSEC Form D
  2. Nov 2014$525K13 investorsequitySEC Form D

Founders and team

From the SEC filings it signed: 1 on the team.

  • W. Austin LewisChief Executive Officeri

On the board, as filediAndrew Austin PilaroTerry Austin Fokas

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Lightspeed Venture PartnersVC firm1round, led 1
Two Small Fish VenturesVC firm1round, led 1
Sequoia CapitalVC firm1round
SV AngelVC firm1round
Index VenturesVC firm1round
Goldman SachsPrivate equity1round
BDC CapitalVC firm1round
Founder CollectiveVC firm1round
Tribe CapitalVC firm1round
Northstar VenturesVC firm1round
EQT VenturesVC firm1round
GTMfundVC firm1round
Sands Capital VenturesPrivate equity1round
FUSEVC firm1round
Outrun VenturesFamily office1round
Pejman Mar VenturesVC firm1round
SparkGrowth equity1round
Scale-Up VenturesVC firm1round
Freycinetno record of our own yet1round
Mary Meeker/ Andreessen Horowitzno record of our own yet1round
ScaleUP Ventures/ Aitkenno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Paid as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Seed Space Venture CapitalVC firmPer its own site

Quick answers about Paid

Who invested in Paid?

Paid's investors include Lightspeed Venture Partners, Two Small Fish Ventures, Sequoia Capital, New Enterprise Associates and SV Angel, and 18 more on record. Lightspeed Venture Partners led its latest round.

How much has Paid raised?

Paid has raised $297M across 7 rounds since 2015. 2 rounds did not disclose an amount, so the total is a floor.

When did Paid last raise?

Paid's most recent round was a Seed of $22M in Sept 2025, led by Lightspeed Venture Partners.

What was Paid's biggest round?

Paid's largest round on record is $250M (Series C), in Dec 2018.

Who backed Paid first?

Paid's first round on record, in Oct 2015, was backed by Founder Collective and Pejman Mar Ventures.

What stage is Paid at?

Paid's latest named round is a Seed, in Sept 2025.

Where is Paid based?

Paid is based in the United States.

Who led Paid's rounds?

Two Small Fish Ventures led the Seed in 2016; Lightspeed Venture Partners led the Seed in 2025.

Companies like Paid

In the same sector, and raised in the last eighteen months.

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