# Pay Theory funding: rounds and investors

> Pay Theory has raised $4.0M across 1 round since 2023. Investors include Gaingels, NAP and SixThirty. Every round with its source.

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

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

# Who invested in *Pay Theory*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Services

Funding summary Updated 26 Oct 2026

**$4.0M** raised across 1 round since 2023, from 1 source

- **Latest round:** Seed, $4.0M Oct 2023
- **Investors:** 5

See who backed them

## The rounds

- **Oct 2023** Seed **$4.0M** [Gaingels](https://millionrounds.com/fund/gaingels) [NAP](https://millionrounds.com/fund/nap) [SixThirty](https://millionrounds.com/fund/sixthirty) [Ironwood Ventures](https://millionrounds.com/fund/ironwood-ventures) [Zeal Capital Partners](https://millionrounds.com/fund/zeal-capital-partners) Source recorded

## Everyone who backed them

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

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

[SixThirty](https://millionrounds.com/fund/sixthirty) Accelerator **1** round

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

[Zeal Capital Partners](https://millionrounds.com/fund/zeal-capital-partners) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Pay Theory as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Naples Technology Ventures](https://millionrounds.com/fund/naples-technology-ventures) VC firm Per its own site

[LOUD Capital](https://millionrounds.com/fund/loud-ventures) VC firm Per its own site

## Quick answers about Pay Theory

### Who invested in Pay Theory?

Pay Theory's investors include Gaingels, NAP, SixThirty, Ironwood Ventures and Zeal Capital Partners.

### How much has Pay Theory raised?

Pay Theory has raised $4.0M across 1 round since 2023.

### When did Pay Theory last raise?

Pay Theory's most recent round was a Seed of $4.0M in Oct 2023.

### What was Pay Theory's biggest round?

Its most recent round, $4.0M in Oct 2023, is also its largest on record.

### Who backed Pay Theory first?

Pay Theory's first round on record, in Oct 2023, was backed by Gaingels, NAP and SixThirty and 2 others.

### What stage is Pay Theory at?

Pay Theory's latest named round is a Seed, in Oct 2023.

### Where is Pay Theory based?

Pay Theory is based in the United States.

## Companies like Pay Theory

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

[**Rosie** $7.0M · Oct 2026](https://millionrounds.com/company/rosie)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**UnityLab** $5.1M · Sept 2026](https://millionrounds.com/company/unitylab)[**Fambot** $3.5M · Sept 2026](https://millionrounds.com/company/fambot)[**Joininyo** $215K · Aug 2026](https://millionrounds.com/company/joininyo)

## Find investors like these

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