United States · Information technology & services startup

PayRange

PayRange is a fintech company based in Portland, Oregon, founded in 2013 by Paresh Patel.

Funding reportedLast round: Convertible note

Information technology & servicesPortland, United States

About PayRange

PayRange is a fintech company based in Portland, Oregon, founded in 2013 by Paresh Patel.

The company specializes in transforming unattended retail machines, such as vending and laundry devices, into cashless and connected commerce points through its end-to-end IoT platform and mobile payment ecosystem. PayRange enables operators to upgrade legacy machines to accept various payment methods, including credit cards, Apple Pay, and Google Pay, using a simple hardware plug-in. The core product, BluKey, connects to older machines to facilitate smartphone payments. PayRange also offers a mobile app that allows users to fund wallets, make payments, and access loyalty rewards. The company serves a wide range of industries, including vending, laundry, amusement, and transportation, and claims over 10 million users across 350 cities in the US and Canada. With a mission to propel automated machines into the digital age, PayRange is positioned as a leader in mobile payments for unattended retail.

What company datasets say PayRange raised

Funding, as reported

Reported in all$32Min dollars
Rounds6
Last roundConvertible note
Last round dateNov 2018
Investors listed8
SEC Form D$3.1M sold, 3 filings, last Aug 2014

Founders and team

From PayRange's own website and the SEC filings it signed: 1 founder, 7 on the team.

Paresh PatelFounder & CEONamed on its 2014 Form D
  • Christoff SmitExecutive Vice President of Operations
  • Rakesh KulangaraExecutive Vice President of Engineering
  • Srinivas AnnamExecutive Vice President of Technology
  • Charlie LimChief Technology Officer
  • Kiernan WhiteChief Operating Officer
  • Parker BaldwinChief Financial Officer
  • Stephanie CordiscoChief of Staff

On the board, as filediOsama Bedier

On 4 portfolio pages

Investors who name them

Each firm lists PayRange on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

mobile paymentsinternet of thingsinformation technology & servicesfinancial servicesinformation technologypayment enabled softwarem2mcustomer loyaltymobile paymenttechnologysoftwareplatforminternetapp paymentmobileinformation & internet

Built with from their website

Amazon SESGoogle Tag ManagerTableauWordPress.orgSalesforce CRM AnalyticsAtlassianDataTablesFont AwesomeQuickBooksViewport Meta

+8 more

Google PlayEndpoint ProtectionSite KitGoogle Cloud BigQueryAmazon Simple Email ServiceHubspotAzure Active Directory B2CZendesk Chat

Sector
Information technology & services
Industry code
NAICS 513210, 334118, 541512, SIC 7372, 3571, 7371
Region
Oregon
Revenue
$6.9M a year, as listed
Full record
Every detail in the company directory

Information technology & services in United States

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