# PayByGroup funding: rounds and investors

> PayByGroup has raised $5.4M across 4 rounds since 2011. Investors include 500 Global, Kima Ventures and Great Oaks Venture Capital. Every round with its source.

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

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

# Who invested in *PayByGroup*

4 rounds we have observed, with the 8 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.

E-commerce Fintech

Funding summary Updated 26 Oct 2026

**$5.4M** raised across 4 rounds since 2011, from 4 sources

**$2.0M** Seed **$3.4M** Seed

- **Latest round:** Venture Jan 2018
- **Biggest round:** $3.4M Seed · Oct 2016
- **Investors:** 8

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.

2012 2013 2014 2015 2016 2017 2018

**?** Seed

**$2.0M** Seed

**$3.4M** Seed

**?** Venture

- **First round:** Seed
- **Biggest round:** $3.4M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Jan 2018** Venture **Amount undisclosed** *1 new* *3 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [Amino Capital](https://millionrounds.com/fund/amino-capital) Source recorded
- **Oct 2016** Seed **$3.4M** *1 returning* [SparkLabs Global Ventures](https://millionrounds.com/fund/sparklabs-global-ventures) Reported by FinSMEs
- **Feb 2014** Seed **$2.0M** *6 new* *1 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [Bling Capital](https://millionrounds.com/fund/bling-capital) [SparkLabs Global Ventures](https://millionrounds.com/fund/sparklabs-global-ventures) [Erik Blachford](https://millionrounds.com/fund/erik-blachford) Peter Ashley From a historical funding record
- **Oct 2011** Seed **Amount undisclosed** *1 new* [500 Global](https://millionrounds.com/fund/500-startups) From a historical funding record

## Founders and team

From PayByGroup's own website: 3 on the team.

- **Betty Tran-Rennon** President
- **George Wells** Chief Financial Officer
- **Steve DeMots** Chief Commercial Officer

## 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** 2011 **Seed** 2014 **Seed** 2016 **Venture** 2018 [500 Global](https://millionrounds.com/fund/500-startups) [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [SparkLabs Global Ventures](https://millionrounds.com/fund/sparklabs-global-ventures) [Bling Capital](https://millionrounds.com/fund/bling-capital) [Amino Capital](https://millionrounds.com/fund/amino-capital) [Erik Blachford](https://millionrounds.com/fund/erik-blachford) Peter Ashley

## Everyone who backed them

[500 Global](https://millionrounds.com/fund/500-startups) Angel **3** rounds

[Kima Ventures](https://millionrounds.com/fund/kima-ventures) VC firm **2** rounds

[Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) VC firm **2** rounds

[SparkLabs Global Ventures](https://millionrounds.com/fund/sparklabs-global-ventures) VC firm **2** rounds

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

[Amino Capital](https://millionrounds.com/fund/amino-capital) Accelerator **1** round

[Erik Blachford](https://millionrounds.com/fund/erik-blachford) VC firm **1** round

Peter Ashley 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=pay-by-group).

## Quick answers about PayByGroup

### Who invested in PayByGroup?

PayByGroup's investors include 500 Global, Kima Ventures, Great Oaks Venture Capital, SparkLabs Global Ventures and Bling Capital, and 3 more on record.

### How much has PayByGroup raised?

PayByGroup has raised $5.4M across 4 rounds since 2011. 2 rounds did not disclose an amount, so the total is a floor.

### When did PayByGroup last raise?

PayByGroup's most recent round was a Venture in Jan 2018.

### What was PayByGroup's biggest round?

PayByGroup's largest round on record is $3.4M (Seed), in Oct 2016.

### Who backed PayByGroup first?

PayByGroup's first round on record, in Oct 2011, was backed by 500 Global.

### What stage is PayByGroup at?

PayByGroup's latest named round is a Venture, in Jan 2018.

### Where is PayByGroup based?

PayByGroup is based in the United States.

## Companies like PayByGroup

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

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance)

## Find investors like these

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