When was Paytrust founded?

Paytrust was founded in 1998 and raised its 1st funding round 1 year after it was founded.

Where is Paytrust located?

Paytrust is headquartered in Menlo Park, United States.

Who is the current CEO of Paytrust?

Edward McLaughlin of Paytrust. They have also founded 1 company.

How many employees does Paytrust have?

As of Aug 31, 2026, the latest employee count at Paytrust is 8.

Is Paytrust a funded company?

Paytrust is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Nov 1999.

When was the latest funding round of Paytrust?

Paytrust's latest funding was a $***** Series A round on Nov 1999, with participation from 6 investors.

Where does Paytrust rank among its competitors?

Paytrust ranks 4th amongst 31 active competitors, only 1 of which is funded. Aliaswire, which secured $6M in Jun, 2021.

Who are the top competitors of Paytrust?

Paytrust's top competitors include Paymentus, Transactis and Aliaswire. Among them, Aliaswire secured the most recent funding round in June, 2021.

Paytrust - 2026 Company Profile, Team, Funding & Competitors

Company Details

Concierge bill pay service saving time and money for clients. We offer a trusted bill management solution, providing dedicated concierges who receive, review, negotiate, and pay bills on time. Designed for individuals who value their time, including retirees, high-net-worth households, and those assisting aging parents, the service offers VIP support with bill payment and tracking. Benefits include never missing a payment, access to real people for help, potential money savings through negotiation and cash back, bank-level security, and full visibility through email, phone, or an online dashboard. The concierges have financial services backgrounds, undergo background checks, and complete extensive training. This is a B2C service that offers peace of mind and simplifies financial lives.

Key Metrics

Founded Year

1998

Location

Menlo Park, United States

Stage

Acquired

Total Funding

$37M in 1 round

Latest Funding Round

Series A, Nov 1999, $*****

Investors

Goldman Sachs & 5 more

Ranked

4^th among 31 active competitors

Employee Count

8 as on Aug 31, 2026

Similar Companies

MoMo & 264 more

Exit Details

Acquired by Intuit (Jan 25, 2005)

View Paytrust's full profile

Paytrust got acquired by Intuit on Jan 25, 2005.

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

Paytrust has raised a total funding of $37M over 1 round. Its latest funding round was a Series A round on Nov 1999 for $*****. 6 investors participated in its latest round. Paytrust has 6 institutional investors.

Here is the list of recent funding rounds of Paytrust:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 1999	9913782	Series A	6387839	2951492	6156929	8134825

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View details of Paytrust's funding rounds and investors

The founders of Paytrust is Edward McLaughlin. Edward McLaughlin is the CEO of Paytrust.

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

Edward McLaughlin: Co-Founder & CEO of Paytrust.

View details of Paytrust's Founder profiles and Board Members

Paytrust's employee count trend

Paytrust has 8 employees as of Aug 26. Here is Paytrust's employee count trend over the years:

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Top competitors of Paytrust include Paymentus, Transactis and Aliaswire. Here is the list of Top 10 competitors of Paytrust, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Paymentus 2004, Atlanta (United States), Public	Provider of a platform for intelligent billing and payment solutions	$23.6M	Accel-KKR, HTIF & 2 others	73/100
2nd	Transactis 2001, New York City (United States), Acquired	White label for bill payments	$61.7M	Safeguard Scientifics, Capital One Ventures ... & 13 others	55/100
3rd	Aliaswire 2005, Burlington (United States), Series A	Account receivable mangement solution provider	$6M	Stage 1 Ventures, Partners For Growth	43/100
4th	Paytrust 1998, Menlo Park (United States), Acquired	Concierge bill pay service saving time and money for clients	$37M	Goldman Sachs, Spectrum Equity & 4 others	42/100
5th	XBP Europe 2022, Irving (United States), Public	SaaS-enabled bill payment software for businesses	-	-	42/100
6th	Payrailz 2016, Glastonbury (United States), Acqui-Hired	Financial technology solutions empowering financial institutions and businesses with innovative digital solutions	$21.2M	LiveOak Venture Partners, Webster Financial Corporation ... & 6 others	36/100
7th	PaymentVision 1988, Jacksonville (United States), Unfunded	Payment processing solutions for diverse businesses, simplifying payments securely	-	-	29/100
8th	IPay Technologies 2001, Elizabethtown (United States), Acquired	Technology solutions and integrated platforms for financial institutions and businesses	-	Silversmith Capital Partners, Spectrum Equity ... & 1 others	29/100
9th	Ipay Smart 2020, Las Vegas (United States), Funding Raised	AI-enabled bill payment solutions for businesses	-	-	29/100
10th	PayStar 2015, Baton Rouge (United States), Funding Raised	Bill payment solutions for businesses	-	-	29/100