When was Paid founded?

Paid was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Paid located?

Paid is headquartered in Darlington, United Kingdom.

Which legal entities is Paid associated with?

Paid is associated with PAID GROUP LTD and 1 other.

How many employees does Paid have?

As of May 31, 2026, the latest employee count at Paid is 16.

Is Paid a funded company?

Paid is a funded company, having raised a total of $3.03M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 31, 2019.

When was the latest funding round of Paid?

Paid's latest funding was a $***** Seed round on Nov 12, 2020, with participation from 7 investors.

Where does Paid rank among its competitors?

Paid ranks 10th amongst 73 active competitors, of which 9 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Xelix, which secured $160M in Jul, 2025.

Who are the top competitors of Paid?

Paid's top competitors include Zuora, Mimo and Crezco. Among them, Xelix secured the most recent funding round in July, 2025.

Paid - 2026 Company Profile, Team, Funding, Competitors & Financials

Paid is a seed company based in Darlington (United Kingdom), founded in 2017 by Tom Howsam. It operates as an Invoice payment solution for freelancers and businesses. Paid has raised $3.03M in funding from Barclays and Crane Venture Partners. The company has 73 active competitors, including 9 funded and 7 that have exited. Its top competitors include companies like Zuora, Mimo and Crezco.

Company Details

Invoice payment solution for freelancers and businesses. It allows freelancers and micro business to get paid through their platform and then accept payments from the consumer in instalments.

Website: paid.co.uk
Social
Email ID: *****@paid.co.uk
Phone Number: +44 **********

Key Metrics

Founded Year

2017

Location

Darlington, United Kingdom

Stage

Seed

Total Funding

$3.03M in 2 rounds

Latest Funding Round

Seed, Nov 12, 2020, $*****

Investors

Barclays & 38 more

Ranked

10^th among 73 active competitors

Employee Count

16 as on May 31, 2026

Similar Companies

AvidXchange & 579 more

View Paid's full profile

Paid is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAID LTD CIN: 10727629 , United Kingdom, Active		-	1 (As on Apr 30, 2019)
PAID GROUP LTD CIN: 11736057 , United Kingdom, Active		-	-

Paid has raised a total funding of $3.03M over 2 rounds. Its first funding round was on Jan 31, 2019. Its latest funding round was a Seed round on Nov 12, 2020 for $*****. 7 investors participated in its latest round. Paid has 9 institutional investors and 30 angel investors.

Here is the list of recent funding rounds of Paid:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 12, 2020	8623021	Seed	2293075	6859670	3397713	3038694
Jan 31, 2019	4963101	Seed	8767385	2314339	Barclays	1778222

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View details of Paid's funding rounds and investors

The founders of Paid is Tom Howsam.

Here are the details of Paid's key team members:

Tom Howsam: Founder of Paid. They serve on the board of 1 company.
Contact Info: 1 email address

Paid's Board of Directors

Paid's board has 3 active members. Tom Howsam is part of team and Jeremy Byron Roche and Krishna Visvanathan are independent board members.

Here is the list of Paid's board of directors:

Name	Type	Representing	Status	Duration
Tom Howsam	Team	-	Current	7y 5m
Jeremy Byron Roche	Independent board member	-	Current	5y 7m
gisdlot	Independent board member	-	Current	9y 3m

View details of Paid's Founder profiles and Board Members

Paid's employee count trend

Paid has 16 employees as of May 26. Here is Paid's employee count trend over the years:

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Top competitors of Paid include Zuora, Mimo and Crezco. Here is the list of Top 10 competitors of Paid, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zuora 2007, Redwood City (United States), Acquired	Cloud-based invoice and subscription management solutions for businesses	$243M	Wellington, BlackRock & 28 others	77/100
2nd	Mimo 2023, London (United Kingdom), Seed	Cashflow and payments management platform for businesses	$28.1M	Northzone, Project A & 4 others	60/100
3rd	Crezco 2020, London (United Kingdom), Series A	Payment processing solutions for businesses	$16.1M	MMC Ventures, 13books Capital & 60 others	59/100
4th	Nook 2015, London (United Kingdom), Acquired	Provider of accounts payable automation platform integrated with payment infrastructure	$1.1M	Speedinvest, Triple Point & 15 others	59/100
5th	Xelix 2016, London (United Kingdom), Series B	Developer of an AI-powered platform for accounts payable automation software	$167M	Insight Partners, FINTOP & 9 others	58/100
6th	Esker 1985, Middleton (United States), Public	Provider of an AI-driven document automation and business process solutions	-	Eiffel Investment Group, Herald Investment Management ... & 6 others	55/100
7th	Gamut Infosystems Limited 1990, Kolkata (India), Funding Raised	Accounting and ERP management platform	-	-	51/100
8th	Previse 2016, London (United Kingdom), Series B	Provider of AI-driven platform for financial data analysis and automation	$46.6M	Bessemer Venture Partners, Augmentum Fintech ... & 14 others	50/100
9th	Tungsten Network 2000, London (United Kingdom), Acquired	Network providing electronic invoicing and automated accounts payable process solutions	-	Herald Investment Management, Plymouth Growth ... & 1 others	50/100
10th	Paid 2017, Darlington (United Kingdom), Seed	Invoice payment solution for freelancers and businesses	$3.03M	Crane Venture Partners, Techstars & 37 others	43/100