# Paid funding: rounds and investors

> Paid has raised $297M across 7 rounds since 2015. Investors include Lightspeed Venture Partners, Two Small Fish Ventures and Sequoia Capital.

Source: https://millionrounds.com/company/paid (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# 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 & Adtech AI Creator Economy Fintech

Y Combinator: S14

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Funding summary Updated 5 Nov 2026

**$297M** raised across 7 rounds since 2015, from 7 sources

**$250M** Series C

- **Latest round:** Seed, $22M Sept 2025
- **Led by:** Lightspeed Venture Partners
- **Biggest round:** $250M Series C · Dec 2018
- **Step-up i:** 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.

2017 2019 2021 2023 2025

**$1.4M** Seed

**?** Seed

**$9.0M** Series A

**$250M** Series C

**$15M** Series B

**?** Venture

**$22M** Seed

- **First round:** Seed, $1.4M
- **Biggest round:** $250M
- **Usual gap between rounds:** 22 months

## The rounds

- **Sept 2025** Seed **$22M** *6 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [SV Angel](https://millionrounds.com/fund/sv-angel) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [GTMfund](https://millionrounds.com/fund/gtmfund) [FUSE](https://millionrounds.com/fund/fuse) Reported by TechCrunch
- **Sept 2022** Venture **Amount undisclosed** *3 new* [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) [Crane Venture Partners](https://millionrounds.com/fund/crane-venture-partners) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) Source recorded
- **Aug 2021** Series B **$15M** *4 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) [Scale-Up Ventures](https://millionrounds.com/fund/scale-up) Source recorded
- **Dec 2018** Series C **$250M** *5 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Spark](https://millionrounds.com/fund/spark-3) Mary Meeker/ Andreessen Horowitz Reported by FinSMEs
- **May 2018** Series A **$9.0M** *2 new* Freycinet ScaleUP Ventures/ Aitken Reported by FinSMEs
- **Jul 2016** Seed **Amount undisclosed** *1 new* [Two Small Fish Ventures](https://millionrounds.com/fund/two-small-fish) Lead Reported by BetaKit: funding
- **Oct 2015** Seed **$1.4M** *2 new* [Founder Collective](https://millionrounds.com/fund/founder-collective) [Pejman Mar Ventures](https://millionrounds.com/fund/pejman-mar-ventures) From a historical funding record SEC 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.

- Oct 2015 **$180K** 7 investors equity, options SEC Form D
- Nov 2014 **$525K** 13 investors equity SEC Form D

## Founders and team

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

- **W. Austin Lewis** Chief Executive Officer i

On the board, as filed i *Andrew Austin Pilaro* *Terry 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.

**Seed** 2015 **Seed** 2016 **Series A** 2018 **Series C** 2018 **Series B** 2021 **Venture** 2022 **Seed** 2025 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L [Two Small Fish Ventures](https://millionrounds.com/fund/two-small-fish) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [SV Angel](https://millionrounds.com/fund/sv-angel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Founder Collective](https://millionrounds.com/fund/founder-collective) [Tribe Capital](https://millionrounds.com/fund/tribe-capital)

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round, led 1

[Two Small Fish Ventures](https://millionrounds.com/fund/two-small-fish) VC firm **1** round, led 1

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round

[Founder Collective](https://millionrounds.com/fund/founder-collective) VC firm **1** round

[Tribe Capital](https://millionrounds.com/fund/tribe-capital) VC firm **1** round

[Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) VC firm **1** round

[EQT Ventures](https://millionrounds.com/fund/eqt-ventures) VC firm **1** round

[GTMfund](https://millionrounds.com/fund/gtmfund) VC firm **1** round

[Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) Private equity **1** round

[FUSE](https://millionrounds.com/fund/fuse) VC firm **1** round

[Crane Venture Partners](https://millionrounds.com/fund/crane-venture-partners) VC firm **1** round

[Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) Family office **1** round

[Pejman Mar Ventures](https://millionrounds.com/fund/pejman-mar-ventures) VC firm **1** round

[Spark](https://millionrounds.com/fund/spark-3) Growth equity **1** round

[Scale-Up Ventures](https://millionrounds.com/fund/scale-up) VC firm **1** round

Freycinet no record of our own yet **1** round

Mary Meeker/ Andreessen Horowitz no record of our own yet **1** round

ScaleUP Ventures/ Aitken no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paid).

## 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 Capital](https://millionrounds.com/fund/seed-space-venture-capital) VC firm Per 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.

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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