United States · Series B startup

Who invested in PayActiv

2 rounds we have observed, with the 3 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.

Fintech

Funding summaryUpdated 26 Oct 2026

$24Mraised across 2 rounds since 2014, from 2 sources

$4.3MSeries A$20MSeries B
Latest round
Series B, $20MOct 2018
Step-upi
4.6×
Investors
3
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.

2015201620172018
$4.3MSeries A$20MSeries B
First round
Series A, $4.3M
Jun 2014
Biggest round
$20M
Series B · Oct 2018
Between rounds
4.3 years
from the last two

The rounds

  1. Oct 2018
    Series B$20M2 new
    • Generation Partners/ Ziegler Link•Age Fund II
    • Softbank

    Reported by FinSMEs

  2. Jun 2014
    Series A$4.3M1 new

    From a historical funding recordSEC filing: $4.3M sold, first sale Jun 2014

Founders and team

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

  • Shah SafwanExecutive Officer, Directori

On the board, as filediAjit MedhekarKabir MisraScarlett O'Sullivan

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.

Series A2014Series B2018Plug and PlayGeneration Partners/ Ziegler Link•Age Fund IISoftbank

Everyone who backed them

Plug and PlayAccelerator1round
Generation Partners/ Ziegler Link•Age Fund IIno record of our own yet1round
Softbankno record of our own yet1round

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

Also claim to have backed them

These 3 firms list PayActiv 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.

Generation PartnersPrivate equityPer its own site
Acorn Pacific VenturesVC firmPer its own site
Montague Street CapitalFamily officePer its own site

Quick answers about PayActiv

Who invested in PayActiv?

PayActiv's investors include Plug and Play, Generation Partners/ Ziegler Link•Age Fund II and Softbank.

How much has PayActiv raised?

PayActiv has raised $24M across 2 rounds since 2014.

When did PayActiv last raise?

PayActiv's most recent round was a Series B of $20M in Oct 2018.

What was PayActiv's biggest round?

Its most recent round, $20M in Oct 2018, is also its largest on record.

Who backed PayActiv first?

PayActiv's first round on record, in Jun 2014, was backed by Plug and Play.

What stage is PayActiv at?

PayActiv's latest named round is a Series B, in Oct 2018.

Where is PayActiv based?

PayActiv is based in the United States.

Companies like PayActiv

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

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