# PayJoy funding: rounds and investors > PayJoy has raised $169M across 3 rounds since 2016. Investors include Union Square Ventures, Greylock and 500 Global. Every round with its source. Source: https://millionrounds.com/company/payjoy (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *PayJoy* 3 rounds we have observed, with the 7 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. B2C Fintech Internet Raised 11 months ago Funding summary Updated 26 Oct 2026 **$169M** raised across 3 rounds since 2016, from 3 sources **$8.5M** Series A **$20M** Series B **$140M** Debt - **Latest round:** Debt, $140M Dec 2025 - **Step-up i:** 7× - **Investors:** 7 (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. 2016 2018 2020 2022 2024 **$8.5M** Series A **$20M** Series B **$140M** Debt - **First round:** Series A, $8.5M - **Biggest round:** $140M - **Usual gap between rounds:** 6.5 years ## The rounds - **Dec 2025** Debt **$140M** *3 new* *2 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Greylock](https://millionrounds.com/fund/greylock-partners) [Citibank](https://millionrounds.com/fund/citi) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) Source recorded - **May 2019** Series B **$20M** *3 new* *1 returning* [Greylock](https://millionrounds.com/fund/greylock-partners) Lead [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Core Innovation Capital](https://millionrounds.com/fund/core-innovation-capital) [EchoVC Partners](https://millionrounds.com/fund/echovc-partners) Reported by FinSMEs - **Jul 2016** Series A **$8.5M** *1 new* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) Reported by Wsj SEC filing: $11M sold, first sale Jun 2016 ## Founders and team From PayJoy's own website and the SEC filings it signed: 10 on the team. - **Doug Ricket** CEO - **Nick Zakrasek** President, Product Development - **John Buttrick** CEO - **Bharath Ramarathinam** CTO - **Bill Yialamas** Chief Financial Officer - **Gib Lopez** COO - **Iván Canales** Chief Revenue Officer - **Amy Pardee** General Counsel - **Arjan Schütte** Board Advisors - **Douglas Ricket** Executive Officer, Director i On the board, as filed i *Josh McFarland* *Todd Schell* ## 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** 2016 **Series B** 2019 **Debt** 2025 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Greylock](https://millionrounds.com/fund/greylock-partners) L [500 Global](https://millionrounds.com/fund/500-startups) [Citibank](https://millionrounds.com/fund/citi) [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [Core Innovation Capital](https://millionrounds.com/fund/core-innovation-capital) [EchoVC Partners](https://millionrounds.com/fund/echovc-partners) ## Everyone who backed them [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **3** rounds [Greylock](https://millionrounds.com/fund/greylock-partners) VC firm **2** rounds, led 1 [500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round [Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) Private equity **1** round [Core Innovation Capital](https://millionrounds.com/fund/core-innovation-capital) VC firm **1** round [EchoVC Partners](https://millionrounds.com/fund/echovc-partners) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=payjoy). ## Also claim to have backed them These 8 firms list PayJoy 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. [NXTP Labs](https://millionrounds.com/fund/nxtp-labs) VC firm Per its own site [Compound](https://millionrounds.com/fund/compound-4) VC firm Per its own site [NXTP Ventures](https://millionrounds.com/fund/nxtp) VC firm Per its own site [Red Swan Ventures](https://millionrounds.com/fund/red-swan-ventures) VC firm Per its own site [VARIV](https://millionrounds.com/fund/variv-capital) Venture studio Per its own site [Mouro Capital](https://millionrounds.com/fund/mouro-capital) VC firm Per its own site [Aidenlair Capital](https://millionrounds.com/fund/aidenlair-capital) Investment firm Per its own site [Tunitas Ventures](https://millionrounds.com/fund/tunitas-ventures) VC firm Per its own site ## Quick answers about PayJoy ### Who invested in PayJoy? PayJoy's investors include Union Square Ventures, Greylock, 500 Global, Citibank and Warburg Pincus, and 2 more on record. ### How much has PayJoy raised? PayJoy has raised $169M across 3 rounds since 2016. ### When did PayJoy last raise? PayJoy's most recent round was a Debt of $140M in Dec 2025. ### What was PayJoy's biggest round? Its most recent round, $140M in Dec 2025, is also its largest on record. ### Who backed PayJoy first? PayJoy's first round on record, in Jul 2016, was backed by Union Square Ventures. ### What stage is PayJoy at? PayJoy's latest named round is a Debt, in Dec 2025. ### Where is PayJoy based? PayJoy is based in the United States. ### Who led PayJoy's rounds? Greylock led the Series B in 2019. ## Companies like PayJoy 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)[**Dan-O's Seasoning** $25M · Oct 2026](https://millionrounds.com/company/dan-o-s-seasoning)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop) ## 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