# PaySimple funding: rounds and investors

> PaySimple has raised $131M across 2 rounds since 2011. Investors include Susquehanna Growth Equity and Providence Equity Partners. Every round with its source.

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

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

# Who invested in *PaySimple*

2 rounds we have observed, with the 2 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

**$131M** raised across 2 rounds since 2011, from 2 sources

**$16M** Series B **$115M** Round

- **Latest round:** Round, $115M Oct 2016
- **Step-up i:** 7.2×
- **Investors:** 2

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.

2012 2013 2014 2015 2016

**$16M** Series B

**$115M** Round

- **First round:** Series B, $16M
- **Biggest round:** $115M
- **Between rounds:** 5.1 years

## The rounds

- **Oct 2016** Round **$115M** *1 new* [Providence Equity Partners](https://millionrounds.com/fund/providence-equity-partners-2) Reported by FinSMEs
- **Sept 2011** Series B **$16M** *1 new* [Susquehanna Growth Equity](https://millionrounds.com/fund/susquehanna-growth-equity) Reported by finsmes.com SEC filing: $8.0M sold, first sale Sept 2011

## Founders and team

From PaySimple's own website and the SEC filings it signed: 7 on the team.

- **Jeff Olson** VP, Customer Experience
- **Logan O'Dell** VP, Sales
- **Patrick Smyth** VP, Engineering
- **Wesley Cropp** VP, Operations
- **David Sharp** General Manager
- **Carol Wood** Executive Officer i
- **Eric Remer** Executive Officer, Director i

On the board, as filed i *Amir Goldman* *Devin Schain* *Rajeev Singh*

## 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 B** 2011 **Round** 2016 [Susquehanna Growth Equity](https://millionrounds.com/fund/susquehanna-growth-equity) [Providence Equity Partners](https://millionrounds.com/fund/providence-equity-partners-2)

## Everyone who backed them

[Susquehanna Growth Equity](https://millionrounds.com/fund/susquehanna-growth-equity) Private equity **1** round

[Providence Equity Partners](https://millionrounds.com/fund/providence-equity-partners-2) Private equity **1** round

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

## Also claim to have backed them

These 2 firms list PaySimple 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.

[Escalate Capital](https://millionrounds.com/fund/escalate-capital) Private credit Per its own site

[Sixth Street](https://millionrounds.com/fund/sixth-street) Private equity Per its own site

## Quick answers about PaySimple

### Who invested in PaySimple?

PaySimple's investors include Susquehanna Growth Equity and Providence Equity Partners.

### How much has PaySimple raised?

PaySimple has raised $131M across 2 rounds since 2011.

### When did PaySimple last raise?

PaySimple's most recent round was an Undisclosed round of $115M in Oct 2016.

### What was PaySimple's biggest round?

Its most recent round, $115M in Oct 2016, is also its largest on record.

### Who backed PaySimple first?

PaySimple's first round on record, in Sept 2011, was backed by Susquehanna Growth Equity.

### What stage is PaySimple at?

PaySimple's latest named round is an Undisclosed round, in Oct 2016.

### Where is PaySimple based?

PaySimple is based in the United States.

## Companies like PaySimple

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)

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