# Payhoa funding: rounds and investors

> Payhoa has raised $28M across 1 round since 2024. Investors include Elephant. Every round with its source.

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

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

# Who invested in *Payhoa*

One round we have observed, with the one investor 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.

Internet

Funding summary Updated 26 Oct 2026

**$28M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series A, $28M Apr 2024
- **Investors:** 1

See who backed them

## The rounds

- **Apr 2024** Series A **$28M** [Elephant](https://millionrounds.com/fund/elephant) Source recorded SEC filing: $28M sold, first sale Apr 2024

## Founders and team

From Payhoa's own website and the SEC filings it signed: 1 founder, 22 on the team.

**Mike Bollinger** Founder & CEO

- **Jesse Hitt** COO
- **Earl Laing** VP of Marketing
- **Michella White** Head of Accounting
- **Brian Simpson** Director of R&D
- **Caitlin Hannah** Sales Manager
- **Catherine Deatherage** Principal Engineer
- **Cory Tefft** Director of Finance
- **Dmytro Martynchuk** Senior Product Designer
- **Gretta DeSantis** Client Accounting Associate
- **Julie Dietz** Content & Growth Marketing Manager
- **Logan Hall** Junior Software Engineer
- **Macy Parker** Partner Success Specialist
- **Mitzi Rivera** Client Accounting Team Lead
- **Natalie Jordan** Director of Customer Success
- **Natalie Steiner** Success Manager
- **Pratha Tanna** Senior Financial Analyst
- **Rachel Adams** Product Analyst
- **Richard Jacobsen** Senior Software Engineer

And 4 more on the team.

On the board, as filed i *Matthew Jesse Tanenblatt* *Peter Jesse Fallon* *Richard Jesse Hitt* *Stephen Chase Hillenmeyer*

## Everyone who backed them

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

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

## Quick answers about Payhoa

### Who invested in Payhoa?

Payhoa's investors include Elephant.

### How much has Payhoa raised?

Payhoa has raised $28M across 1 round since 2024.

### When did Payhoa last raise?

Payhoa's most recent round was a Series A of $28M in Apr 2024.

### What was Payhoa's biggest round?

Its most recent round, $28M in Apr 2024, is also its largest on record.

### Who backed Payhoa first?

Payhoa's first round on record, in Apr 2024, was backed by Elephant.

### What stage is Payhoa at?

Payhoa's latest named round is a Series A, in Apr 2024.

### Where is Payhoa based?

Payhoa is based in the United States.

## Companies like Payhoa

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

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Luminary** $194M · Sept 2026](https://millionrounds.com/company/luminary)

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