PlacePay - About the company
PlacePay is an acquired company based in New York City (United States), founded in 2010 by Ian Halpern and Christopher Toppino. It operates as an Online rent payment and collection platform. PlacePay has raised $305K in funding. The company has 255 active competitors, including 22 funded and 15 that have exited. Its top competitors include companies like Esusu, Rent2Cash and ClickPay.
Company Details
Online rent payment and collection platform. Provides a rent settlement app that allows the user to pay through credit card and bank account and set automatic rent payments. Users can also add their household expenses and share them with their housemates. Provides rent payment reports to landlords and they can also create invoices. Other features include payment reminders and automated late fee collection. Application is made available on Android platform.
- Website
- placepay.com
- Email ID
- *****@placepay.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2010
Location
New York City, United States
Stage
Acquired
Total Funding
$305K in 1 round
Latest Funding Round
Investors
Ranked
11th among 255 active competitors
Employee Count
334 as on Sep 30, 2018
Exit Details
Acquired by i3 Verticals
Legal entities associated with PlacePay
PlacePay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
I3 VERTICALS, LLC CIN: 5209422 , United States, Active | - | 334 (As on Sep 30, 2018) | - |
PlacePay's acquisition details
PlacePay got acquired by i3 Verticals.
Click here to take a look at PlacePay's acquisition in detail
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PlacePay's funding and investors
PlacePay has raised a total funding of $305K over 1 round. Its latest funding round was a Seed round. 1 investor participated in its latest round. PlacePay has 1 institutional investor.
View details of PlacePay's funding rounds and investors
PlacePay's founders and board of directors
Founder? Claim ProfileThe founders of PlacePay are Ian Halpern and Christopher Toppino. Jack Richer is the CEO of PlacePay.
Here are the details of PlacePay's key team members:
- Ian Halpern: Co-Founder & CEO of PlacePay and founder of 2 other companies, Payload and RentShare.
- Christopher Toppino: Co-Founder of PlacePay and founder of 1 other company.
- Jack Richer: CEO of PlacePay.
View details of PlacePay's Founder profiles and Board Members
PlacePay's employee count trend
PlacePay has 334 employees as of Sep 18. The total employee count is 18.0% more than what it was in Sep 17. Here is PlacePay's employee count trend over the years:
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PlacePay's Competitors and alternates
Top competitors of PlacePay include Esusu, Rent2Cash and ClickPay. Here is the list of Top 10 competitors of PlacePay, ranked by Tracxn score:
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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 | 77/100 | |
2nd | Provider of web-enabled rental payment management solutions for tenants | $120M | - | 58/100 | |
3rd | ClickPay 2009, Oradell (United States), Acquired | Electronic billing and payment solutions for the multi-housing industry | $4.3M | 56/100 | |
4th | Flex 1999, New York City (United States), Funding Raised | Rental payment solutions | - | 55/100 | |
5th | PayLease 2003, San Diego (United States), Acquired | Provides payment solutions to property management industry. | - | 51/100 | |
6th | RentPayment 1999, Walnut Creek (United States), Acquired | Rental management platform to collect rent. | - | 50/100 | |
7th | Provider of security deposit replacement solution for residential properties | $55.5M | 50/100 | ||
8th | Circa 2019, Westport (United States), Acquired | Online rental payment management software for tenants, owners, and rental managers | $2.09M | 50/100 | |
9th | ZSuite Technologies 2019, Burlington (United States), Series A | Provider of escrow subaccounting platform for financial institutions and commercial partners | $20.2M | 43/100 | |
10th | Provider of rent payment solutions, including splitting and credit reporting | $4.1M | 49/100 | ||
11th | PlacePay 2010, New York City (United States), Acquired | Online rent payment and collection platform | $305K | 47/100 |
Looking for more details on PlacePay's competitors? Click here to see the top ones
PlacePay's Investments and acquisitions
PlacePay has made no investments or acquisitions yet.
Reports related to PlacePay
Here is the latest report on PlacePay's sector:
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