When was PayRange founded?

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

Where is PayRange located?

PayRange is headquartered in Portland, United States. It is registered at Portland, Oregon.

How many employees does PayRange have?

As of Aug 31, 2026, the latest employee count at PayRange is 156.

Is PayRange a funded company?

PayRange is a funded company, having raised a total of $85.1M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 22, 2014.

When was the latest funding round of PayRange?

PayRange's latest funding was a $***** Series B round on Sep 30, 2024, with participation from 1 investor.

Where does PayRange rank among its competitors?

PayRange ranks 1st amongst 8 active competitors, none of which are funded.

Who are the top competitors of PayRange?

PayRange's top competitors include Nayax, ESD and OTI. Among them, PayRange secured the most recent funding round in September, 2024.

PayRange - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of mobile payment and access solutions for unattended retail. The company delivers hardware and software for mobile payment integration. It offers solutions for age verification, secured access control, and pre-authentication. The company's products include mobile payment solutions for laundry, vending, car wash, and amusement machines.

Website: payrange.com
Social
Registered Address: Portland, Oregon

Key Metrics

Founded Year

2013

Location

Portland, United States

Stage

Acquired

Total Funding

$85.1M in 6 rounds

Latest Funding Round

Series B, Sep 30, 2024, $*****

Investors

Google Ventures & 5 more

Ranked

1^st among 8 active competitors

Employee Count

156 as on Aug 31, 2026

Investment & Acquisitions

KioSoft & 2 more

Similar Companies

Nayax & 49 more

Exit Details

Acquired by Turns (Feb 28, 2025)

View PayRange's full profile

PayRange is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Payrange Inc. CIN: 462649432 , United States, Active	Dec 31, 2012	-	23 (As on Dec 31, 2024)	-

PayRange got acquired by Turns on Feb 28, 2025.

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

PayRange has raised a total funding of $85.1M over 6 rounds. Its first funding round was on May 22, 2014. Its latest funding round was a Series B round on Sep 30, 2024 for $*****. 1 investor participated in its latest round. PayRange has 6 institutional investors.

Here is the list of recent funding rounds of PayRange:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 30, 2024	5906263	Series B	9244891	9711242	6610415	3434740
Feb 25, 2020	7401224	Series B	4674721	4324396	6811704	6422891
Jun 25, 2015	7485663	Series A	1824613	6524348	1312258	Matrix & 1 more

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View details of PayRange's funding rounds and investors

The founders of PayRange is Paresh Patel. Josh Gray is the CEO of PayRange.

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

Paresh Patel: Founder & CEO of PayRange.

PayRange's Board of Directors

PayRange's board has 2 active members. Paresh Patel and Osama Bedier are independent board members.

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

Name	Type	Representing	Status	Duration
Paresh Patel	Independent board member	-	Current	12y 3m
pjvcmne	Independent board member	-	Current	9y 8m

View details of PayRange's Founder profiles and Board Members

PayRange's employee count trend

PayRange has 156 employees as of Aug 26. Here is PayRange's employee count trend over the years:

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Top competitors of PayRange include Nayax, ESD and OTI. Here is the list of Top 10 competitors of PayRange, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayRange 2013, Portland (United States), Acquired	Provider of mobile payment and access solutions for unattended retail	$85.1M	Google Ventures, Nyca Partners & 4 others	74/100
2nd	Nayax 2005, Tel Aviv (Israel), Acquired	Vending machine-based payment solutions	$84.5M	SafeCharge, Elevator Lab & 1 others	72/100
3rd	ESD 1969, Washington (United States), Unfunded	Vending machine-based payment solutions	-	-	45/100
4th	OTI 1990, Rosh Pinna (Israel), Acquired	Cloud-integrated payment enabling platform for wearable devices	-	IP Capital Group	33/100
5th	KPay Innovation 2018, Pune (India), Unfunded	Pay-as-you-go based platform for sales enablement	-	-	31/100
6th	Airvend 2012, Provo (United States), Acqui-Hired	Vending machine payment acceptance hardware provider	$1.2M	PS27 Ventures, 365 Retail Markets	26/100
7th	KioSoft Technologies 2002, Boynton Beach (United States), Unfunded	Provider of payment kiosks for vending and laundry businesses	-	-	23/100
8th	Setomatic Systems 1968, Boca Raton (United States), Unfunded	Manufacturer of automated payment systems for self-service commercial laundry applications	-	-	21/100
9th	NBS Calibrations 1975, St. Louis (United States), Unfunded	Provider of transaction processing solutions for retail and unattended cardlock sites	-	-	18/100
10th	Clean Rite 2022, The Bronx (United States), Deadpooled	App-based contactless payment solutions for laundromats	-	-	15/100

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Looking for more details on PayRange's competitors? Click here to see the top ones

PayRange has acquired 3 companies including KioSoft, Turns and Vagabond. PayRange has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 03, 2025	Acquisition	KioSoft	2002	Boynton Beach (United States)
Feb 19, 2025	Acquisition	Turns	2020	Delaware (United States)
May 08, 2023	Acquisition	Vagabond	2011	Washington, DC (United States)