When was PayLease founded?

PayLease was founded in 2003 and raised its 1st funding round 11 years after it was founded.

Where is PayLease located?

PayLease is headquartered in San Diego, United States. It is registered at San Diego, California.

How many employees does PayLease have?

As of Dec 31, 2020, PayLease has 328 employees, reflecting a 9% year-over-year growth in headcount.

Is PayLease a funded company?

PayLease is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on May 29, 2014.

When was the latest funding round of PayLease?

PayLease's latest funding was a $***** PE round on May 29, 2014, with participation from 1 investor. Its primary sector is Payments. In United States, the Payments sector has seen $579M in funding in 2026 to date.

Where does PayLease rank among its competitors?

PayLease ranks 10th amongst 113 active competitors, of which 19 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Esusu, which secured $50M in Dec, 2025.

Who are the top competitors of PayLease?

PayLease's top competitors include Esusu, Flex and PortX. Among them, Esusu secured the most recent funding round in December, 2025.

PayLease - 2026 Company Profile, Team, Funding & Competitors

PayLease is an acquired company based in San Diego (United States), founded in 2003 by Ty Kalklosch and Yann Phung. It operates as a Provides payment solutions to property management industry.. PayLease has raised an undisclosed amount in funding from Francisco Partners. The company has 113 active competitors, including 19 funded and 16 that have exited. Its top competitors include companies like Esusu, Flex and PortX.

Company Details

PayLease is an online payment processor for property managers. It provides a variety of services including Online payments, Accounts integration, Web integration, Client support and security. It provides an online interface for residents to make payments for their dues on the property owner's website by enabling the acceptance of credit cards, ACH, check scanning and cash pay. Its account integration allows owners to monitor, in real-time, business insight including batch payments, returned items, invoice summary and cancelled payments. It also provides other services under Ocius, with which it merged in March 2015, including resident billing, expense management, payment processing and submetering.

Website: paylease.com
Social
Email ID: *****@paylease.com
Phone Number: +1 **********
Registered Address: San Diego, California

Key Metrics

Founded Year

2003

Location

San Diego, United States

Stage

Acquired

Latest Funding Round

PE, May 29, 2014, $*****

Investors

Francisco Partners & 4 more

Ranked

10^th among 113 active competitors

Employee Count

328 as on Dec 31, 2020

Investment & Acquisitions

Zego & 1 more

Similar Companies

Esusu & 608 more

Exit Details

Acquired by Vista Equity Partners (Jun 28, 2017)

View PayLease's full profile

PayLease is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAYLEASE, LLC CIN: 273639005 , United States, Active	Dec 26, 999	-	328 (As on Dec 31, 2020)	-

PayLease got acquired by Vista Equity Partners on Jun 28, 2017. It was facilitated by Raymond James.

Click here to take a look at PayLease's acquisition in detail

PayLease has raised funding over 1 round. Its latest funding round was a PE round on May 29, 2014 for $*****. 1 investor participated in its latest round. PayLease has 5 institutional investors.

Here is the list of recent funding rounds of PayLease:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 29, 2014	3856777	PE	2796876	3169701	1669433	8748265

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View details of PayLease's funding rounds and investors

The founders of PayLease are Ty Kalklosch and Yann Phung.

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

Ty Kalklosch: Former Co-Founder & CRO of PayLease and founder of 1 other company.
Yann Phung: Former Co-Founder of PayLease and founder of 1 other company.
Contact Info: 1 email address

View details of PayLease's Founder profiles and Board Members

PayLease's employee count trend

PayLease has 328 employees as of Dec 20. The total employee count is 9.0% more than what it was in Dec 19. Here is PayLease's employee count trend over the years:

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Top competitors of PayLease include Esusu, Flex and PortX. Here is the list of Top 10 competitors of PayLease, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Esusu 2018, New York City (United States), Series C	Online platform offering credit-building solutions through rent payment reporting	$200M	Sinai Ventures, Acumen & 32 others	76/100
2nd	Flex 1999, New York City (United States), Funding Raised	Rental payment solutions	-	Financial Venture Studio, GMO Venture Partners ... & 7 others	64/100
3rd	PortX 2016, Mercer Island (United States), Series C	Cloud-based transaction management platform for businesses	$26.6M	FUSE, Curql & 9 others	60/100
4th	Aiwyn 2020, Charlotte (United States), Series A	Provider of platform for accounting firms offering payments, practice, experience, tax	$127M	Bessemer Venture Partners, Revolution & 3 others	57/100
5th	ClickPay 2009, Oradell (United States), Acquired	Electronic billing and payment solutions for the multi-housing industry	$4.3M	Activate Venture Partners, Originate Ventures ... & 3 others	57/100
6th	Onyx CenterSource 1992, Dallas (United States), Acquired	B2B payment and business intelligence solutions for the hospitality industry	-	Prospect Capital, H.I.G. Private Equity	56/100
7th	Online Check Writer 2012, San Jose (United States), Funding Raised	Provider of online payment and account management solutions for businesses	-	-	56/100
8th	DadeSystems 2011, Miami (United States), Acquired	Account receivable payment automation solution.	$11M	Napier Park Global Capital, Wells Fargo & 3 others	55/100
9th	Biller Genie 2018, Miami (United States), Series B	Cloud-based invoicing and payment platform for businesses	$32.9M	Radian Capital, eMerge Americas & 4 others	55/100
10th	PayLease 2003, San Diego (United States), Acquired	Provides payment solutions to property management industry.	-	De Anda Capital, Francisco Partners & 3 others	54/100