# PayActiv funding: rounds and investors > PayActiv has raised $24M across 2 rounds since 2014. Investors include Plug and Play, Generation Partners/ Ziegler Link•Age Fund II and Softbank. Source: https://millionrounds.com/company/payactiv (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$24M** raised across 2 rounds since 2014, from 2 sources **$4.3M** Series A **$20M** Series B - **Latest round:** Series B, $20M Oct 2018 - **Step-up i:** 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. 2015 2016 2017 2018 **$4.3M** Series A **$20M** Series B - **First round:** Series A, $4.3M - **Biggest round:** $20M - **Between rounds:** 4.3 years ## The rounds - **Oct 2018** Series B **$20M** *2 new* Generation Partners/ Ziegler Link•Age Fund II Softbank Reported by FinSMEs - **Jun 2014** Series A **$4.3M** *1 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) From a historical funding record SEC filing: $4.3M sold, first sale Jun 2014 ## Founders and team From the SEC filings it signed: 1 on the team. - **Shah Safwan** Executive Officer, Director i On the board, as filed i *Ajit Medhekar* *Kabir Misra* *Scarlett 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 A** 2014 **Series B** 2018 [Plug and Play](https://millionrounds.com/fund/plug-and-play) Generation Partners/ Ziegler Link•Age Fund II Softbank ## Everyone who backed them [Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round Generation Partners/ Ziegler Link•Age Fund II no record of our own yet **1** round Softbank 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=payactiv). ## 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 Partners](https://millionrounds.com/fund/generation-partners) Private equity Per its own site [Acorn Pacific Ventures](https://millionrounds.com/fund/acorn-pacific-ventures) VC firm Per its own site [Montague Street Capital](https://millionrounds.com/fund/montague-street-capital) Family office Per 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. [**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app