Who invested in Payfone

8 rounds we have observed, with the 18 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.

Cybersecurity

Funding summaryUpdated 26 Oct 2026

$116Mraised across 8 rounds since 2008, from 8 sources

$11MSeries B$19MSeries C$10MGrowth$5.5MDebt$24MSeries E$23MRound$24MRound

Latest round: Round, $24MApr 2019
Led by: TransUnion
Investors: 18 (1 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.

200820102012201420162018

?Seed$11MSeries B$19MSeries C$10MGrowth$5.5MDebt$24MSeries E$23MRound$24MRound

First round: Seed
Biggest round: $24M
Usual gap between rounds: 15 months

The rounds

Apr 2019
Round$24M4 new
Reported by FinSMEsSEC filing: $15M sold, first sale Apr 2019
Feb 2018
Round$23M4 new
- Anil Aggarwal
- Jonathan Weiner
- Andrew Prozes
- Synchrony Financial/ MassMutual
Reported by FinSMEsSEC filing: $23M sold, first sale Feb 2018
Jan 2017
Series E$24M2 new
- Andrew Prozess
- BlueCross
Reported by FinSMEs
Oct 2015
Debt$5.5M1 new
- Relay Ventures
From a historical funding recordSEC filing: $5.5M sold, first sale May 2015
Oct 2013
Growth$10M1 new
- Early Warning Services
Reported by sec.govSEC filing: $10M sold, first sale Oct 2013
Apr 2011
Series C$19M3 new3 returning
Reported by finsmes.comSEC filing: $19M sold, first sale Apr 2011
Aug 2010
Series B$11M2 new1 returning
Reported by blogs.wsj.comSEC filing: $11M sold, first sale Feb 2010
May 2008
SeedAmount undisclosed1 new
- RRE Ventures
From a historical funding record

Founders and team

From Payfone's own website and the SEC filings it signed: 1 founder, 10 on the team.

Rodger DesaiChief Executive Officer & FounderNamed on its 2020 Form D

Adi MaromChief Customer Officer
Ashley KiolbasaChief Marketing Officer
Eric LesserChief Financial Officer
Mitch BompeyChief Legal Officer
Ori SnirChief Product Officer
Scott BonnellChief Revenue Officer
Dan O'KeefeLead Independent Director
Dimitre BoyuklievBoard of Directors
Linda MantiaCorporate Director
Thomas FitzSimmonsExecutive Officeri

On the board, as filediAndrew ProzesDaniel O'KeefeMichael SpadaforeShai CohenStuart EllmanZachary Fuchs

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.

Seed2008Series B2010Series C2011Growth2013Debt2015Series E2017Round2018Round2019

RRE Ventures

Relay Ventures

Opus Capital Group LLC

TransUnionL

Wellington Management

Relay Ventures

MassMutual Ventures

Verizon Ventures

American Express VenturesRogers Ventures

Everyone who backed them

RRE VenturesVC firm3rounds

Relay VenturesVC firm2rounds

Opus Capital Group LLCInvestment firm2rounds

TransUnionCorporate VC1round, led 1

Wellington ManagementVC firm1round

Relay VenturesVC firm1round

MassMutual VenturesVC firm1round

Verizon VenturesCorporate VC1round

American Express VenturesVC firm1round

Rogers VenturesVC firm1round

Synchrony VenturesCorporate VC1round

Anil AggarwalAngel1round

Jonathan WeinerCompany1round

Andrew Prozesno record of our own yet1round

Andrew Prozessno record of our own yet1round

BlueCrossno record of our own yet1round

Early Warning Servicesno record of our own yet1round

Synchrony Financial/ MassMutualno record of our own yet1round

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

Also claim to have backed them

This firm lists Payfone 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.

Stack CapitalPrivate equityPer its own site

Quick answers about Payfone

Who invested in Payfone?

Payfone's investors include RRE Ventures, Relay Ventures, Opus Capital Group LLC, TransUnion and Wellington Management, and 13 more on record. TransUnion led its latest round.