# PayNearMe funding: rounds and investors > PayNearMe has raised $121M across 8 rounds since 2009. Investors include Maveron, True Ventures and Khosla Ventures. Every round with its source. Source: https://millionrounds.com/company/paynearme (Millionrounds; every figure on the page links to its filing or article) United States · [Series E startup](https://millionrounds.com/companies) # Who invested in *PayNearMe* 8 rounds we have observed, with the 13 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. Financial Services Funding summary Updated 26 Oct 2026 **$121M** raised across 8 rounds since 2009, from 8 sources **$3.0M** Series A **$3.3M** Series B **$16M** Venture **$12M** Series D **$2.1M** Venture **$20M** Series E **$15M** Series F **$50M** Series E - **Latest round:** Series E, $50M Sept 2025 - **Step-up i:** 3.4× - **Investors:** 13 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. 2009 2012 2015 2018 2021 2024 **$3.0M** Series A **$3.3M** Series B **$16M** Venture **$12M** Series D **$2.1M** Venture **$15M** Series F **$50M** Series E - **First round:** Series A, $3.0M - **Biggest round:** $50M - **Usual gap between rounds:** 10 months ## The rounds - **Sept 2025** Series E **$50M** *2 new* *3 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Maveron](https://millionrounds.com/fund/maveron) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [AVP](https://millionrounds.com/fund/avp-2) Source recorded - **Apr 2015** Series F **$15M** No investor was named in the report. From a historical funding record SEC filing: $15M sold, first sale Mar 2015 - **Feb 2014** Series E **$20M** *2 new* *3 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Maveron](https://millionrounds.com/fund/maveron) [August Capital](https://millionrounds.com/fund/august-capital) [GSV Capital](https://millionrounds.com/fund/gsv-capital) From a historical funding record SEC filing: $20M sold, first sale Dec 2013 - **Apr 2013** Venture **$2.1M** *2 returning* [Maveron](https://millionrounds.com/fund/maveron) [True Ventures](https://millionrounds.com/fund/true-ventures) From a historical funding record SEC filing: $12M sold, first sale Oct 2012 - **Feb 2013** Series D **$12M** *4 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Maveron](https://millionrounds.com/fund/maveron) [True Ventures](https://millionrounds.com/fund/true-ventures) [August Capital](https://millionrounds.com/fund/august-capital) Reported by sec.gov SEC filing: $12M sold, first sale Oct 2012 - **Nov 2010** Venture **$16M** *2 new* *2 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Maveron](https://millionrounds.com/fund/maveron) [True Ventures](https://millionrounds.com/fund/true-ventures) [August Capital](https://millionrounds.com/fund/august-capital) Reported by finsmes.com SEC filing: $16M sold, first sale Oct 2010 - **Mar 2010** Series B **$3.3M** *1 new* *5 returning* [Floodgate](https://millionrounds.com/fund/floodgate) [Maveron](https://millionrounds.com/fund/maveron) [True Ventures](https://millionrounds.com/fund/true-ventures) [Endeavor](https://millionrounds.com/fund/endeavor) [Endeavour Investment Partners](https://millionrounds.com/fund/endeavour-investment-partners) [Fenwick & West](https://millionrounds.com/fund/fenwick-and-west) Reported by thealarmclock.com - **May 2009** Series A **$3.0M** *6 new* [Floodgate](https://millionrounds.com/fund/floodgate) [Kapor Capital](https://millionrounds.com/fund/kapor-capital) [True Ventures](https://millionrounds.com/fund/true-ventures) [Endeavor](https://millionrounds.com/fund/endeavor) [Endeavour Investment Partners](https://millionrounds.com/fund/endeavour-investment-partners) [Fenwick & West](https://millionrounds.com/fund/fenwick-and-west) From a historical funding record ## Founders and team From PayNearMe's own website: 1 founder, 4 on the team. **Danny Shader** Founder and CEO - **Anne Hay** EVP, Chief Marketing Officer - **John Minor** EVP, Chief Product Officer - **Niall Hayes** Chief Development Officer, EVP Engineering - **Steve Capps** Chief Innovator, PayNearMe Fellow Advisers *Mark Britto* ## 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** 2009 **Series B** 2010 **Venture** 2010 **Series D** 2013 **Venture** 2013 **Series E** 2014 **Series F** 2015 **Series E** 2025 [Maveron](https://millionrounds.com/fund/maveron) [True Ventures](https://millionrounds.com/fund/true-ventures) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [August Capital](https://millionrounds.com/fund/august-capital) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Floodgate](https://millionrounds.com/fund/floodgate) [Endeavor](https://millionrounds.com/fund/endeavor) [Endeavour Investment Partners](https://millionrounds.com/fund/endeavour-investment-partners) [Fenwick & West](https://millionrounds.com/fund/fenwick-and-west) [Kapor Capital](https://millionrounds.com/fund/kapor-capital) ## Everyone who backed them [Maveron](https://millionrounds.com/fund/maveron) VC firm **6** rounds [True Ventures](https://millionrounds.com/fund/true-ventures) VC firm **5** rounds [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **4** rounds [August Capital](https://millionrounds.com/fund/august-capital) VC firm **3** rounds [True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **2** rounds [Floodgate](https://millionrounds.com/fund/floodgate) VC firm **2** rounds [Endeavor](https://millionrounds.com/fund/endeavor) Corporate VC **2** rounds [Endeavour Investment Partners](https://millionrounds.com/fund/endeavour-investment-partners) VC firm **2** rounds [Fenwick & West](https://millionrounds.com/fund/fenwick-and-west) Investment firm **2** rounds [Kapor Capital](https://millionrounds.com/fund/kapor-capital) VC firm **1** round [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) VC firm **1** round [AVP](https://millionrounds.com/fund/avp-2) Investment firm **1** round [GSV Capital](https://millionrounds.com/fund/gsv-capital) Investment firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paynearme). ## Quick answers about PayNearMe ### Who invested in PayNearMe? PayNearMe's investors include Maveron, True Ventures, Khosla Ventures, August Capital and True Ventures, and 8 more on record. ### How much has PayNearMe raised? PayNearMe has raised $121M across 8 rounds since 2009. ### When did PayNearMe last raise? PayNearMe's most recent round was a Series E of $50M in Sept 2025. ### What was PayNearMe's biggest round? Its most recent round, $50M in Sept 2025, is also its largest on record. ### Who backed PayNearMe first? PayNearMe's first round on record, in May 2009, was backed by Floodgate, Kapor Capital and True Ventures and 3 others. ### What stage is PayNearMe at? PayNearMe's latest named round is a Series E, in Sept 2025. ### Where is PayNearMe based? PayNearMe is based in the United States. ## Companies like PayNearMe In the same sector, and raised in the last eighteen months. [**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp) ## 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