When was PaymentWorks founded?

PaymentWorks was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is PaymentWorks located?

PaymentWorks is headquartered in Cambridge, United States. It is registered at Waltham, Massachusetts.

How many employees does PaymentWorks have?

As of Aug 31, 2026, the latest employee count at PaymentWorks is 131.

Is PaymentWorks a funded company?

PaymentWorks is a funded company, having raised a total of $36.2M across 6 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Nov 19, 2014.

When was the latest funding round of PaymentWorks?

PaymentWorks' latest funding was a $***** Series A round on Dec 30, 2023, with participation from 0 investor.

Where does PaymentWorks rank among its competitors?

PaymentWorks ranks 79th amongst 2693 active competitors, of which 459 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Evrotrust, which secured $7.61M in Nov, 2025.

Who are the top competitors of PaymentWorks?

PaymentWorks' top competitors include ComplyAdvantage, Sift and Kairos. Among them, Evrotrust secured the most recent funding round in November, 2025.

PaymentWorks - 2026 Company Profile, Team, Funding & Competitors

PaymentWorks is a series A company based in Cambridge (United States), founded in 2013 by Alan Greenblatt. It operates as a Provider of vendor management software for vendor onboarding and payments. PaymentWorks has raised $36.2M in funding. The company has 2693 active competitors, including 459 funded and 285 that have exited. Its top competitors include companies like ComplyAdvantage, Sift and Kairos.

Company Details

Provider of vendor management software for vendor onboarding and payments. The software streamlines vendor verification, automates compliance monitoring, and optimizes payables strategy. It facilitates secure vendor data management and aims to reduce vendor fraud risks. The system offers features such as automated sanctions checks and audit trails.

Website: www.paymentworks.com/
Social
Registered Address: Waltham, Massachusetts

Key Metrics

Founded Year

2013

Location

Cambridge, United States

Stage

Series A

Total Funding

$36.2M in 6 rounds

Latest Funding Round

Series A, Dec 30, 2023, $*****

Investors

Uncommon Denominator & 1 more

Ranked

79^th among 2693 active competitors

Employee Count

131 as on Aug 31, 2026

Similar Companies

Sift & 2516 more

View PaymentWorks' full profile

PaymentWorks is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAYMENTWORKS CIN: 471917202 , United States, Active	Dec 31, 1999	-	120 (As on Dec 31, 2024)	-

PaymentWorks has raised a total funding of $36.2M over 6 rounds. Its first funding round was on Nov 19, 2014. PaymentWorks has 2 institutional investors.

Here is the list of recent funding rounds of PaymentWorks:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 30, 2023	9143062	Series A	2991462	8005251	8622871	9416689
Jun 08, 2022	3243066	Series A	8872784	1606703	4283675	8225635
May 05, 2020	8753686	Series A	2990431	8182260	5395420	3434589

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View details of PaymentWorks's funding rounds and investors

The founders of PaymentWorks is Alan Greenblatt.

Here are the details of PaymentWorks' key team members:

Alan Greenblatt: CTO & Co-founder of PaymentWorks.

View details of PaymentWorks's Founder profiles and Board Members

PaymentWorks' employee count trend

PaymentWorks has 131 employees as of Aug 26. Here is PaymentWorks's employee count trend over the years:

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Top competitors of PaymentWorks include ComplyAdvantage, Sift and Kairos. Here is the list of Top 10 competitors of PaymentWorks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$171M	Ontario Teachers' Pension Plan, Index Ventures ... & 46 others	75/100
2nd	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Spark Capital & 22 others	75/100
3rd	Kairos 2011, Miami (United States), Series A	Provider of AI-powered identity verification, document authentication, and biometric solutions	$19.6M	500 Global, Beyond Capital Markets & 21 others	74/100
4th	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	74/100
5th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
6th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 21 others	73/100
7th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 6 others	72/100
8th	Clear 2010, New York City (United States), Public	Provider of expedited identity verification services for airport security and more	$135M	T. Rowe Price, United Airlines & 22 others	71/100
9th	Yoti 2014, London (United Kingdom), Series B	Provider of privacy-focused identity and age solutions	$210M	HSBC, Nex.D & 12 others	71/100
10th	Signifyd 2011, Palo Alto (United States), Series E	Provider of fraud prevention and payment validation for online retailers	$394M	Resolute Ventures, Owl Rock & 30 others	70/100
79th	PaymentWorks 2013, Cambridge (United States), Series A	Provider of vendor management software for vendor onboarding and payments	$36.2M	Uncommon Denominator, New Heights Capital	58/100