About PayPal Ventures
PayPal Ventures is a venture capital firm located in San Jose, United States. As of Mar 2026, PayPal Ventures is an active investor, having invested in 61 companies, with 7 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from FinTech to Enterprise Applications and High Tech. Most recently it participated in the $***** Series D round of Cart.com Overall, PayPal Ventures portfolio has seen 14 unicorns, 2 IPOs and 4 acquisitions including key companies like Tabby, Bill and Olo. A lot of funds co-invest with PayPal Ventures, with names like Endeavor sharing a substantial percentage of its portfolio. PayPal Ventures has team of 8 people including 1 partners.Key Metrics
PayPal Ventures' List of Top Investments
PayPal Ventures has a portfolio of 61 companies, including 14 unicorns. Their most notable investments are in Mintoak and Codat.Their portfolio spans across United States, Germany, Brazil and 17 more locations. They have invested in FinTech, Enterprise Applications, High Tech and 13 other sectors, across stages such as Series B, Series A and 3 more. Here is the list of top investments by PayPal Ventures:1. Tabby
Provider of purchase financing solutions for businesses. The platform enables users to purchase from multiple online stores and allows to repay the amount in equal installments. It offers a credit card offering buy now pay later loans with installment-based repayment options. It allows users to split purchases into four interest-free payments, both online and in-store. The platform also offers shopping assistant that lets users discover and track products, brands and deals in the application.
Key facts about Tabby
- Founded Year: 2019
- Location: Riyadh (Saudi Arabia)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $604M
- Employee Count: 4,339 as on Apr 30, 2026
- Investors: Wellington, Mubadala and 28 Others
- Latest Funding Round: Series E, Feb 12, 2025, $*****
- Highlight: Editors' Pick
2. Bill
Provider of accounts payable, accounts receivable, and spend management solutions. The platform offers accounts payable and receivable automation, spend and expense management, and cash flow forecasting. It provides features such as bill creation, approvals, payments, invoicing, and procurement. The platform also offers integrations with accounting software and mobile applications.
Key facts about Bill
- Founded Year: 2006
- Location: San Jose (United States)
- Annual Revenue: $1.46B as on Jun 30, 2025
- Stage: Public
- Total Funding till date: $326M
- Employee Count: 3,396 as on Apr 30, 2026
- Investors: HTIF, August Capital and 28 Others
- Latest Funding Round: Post IPO, Nov 30, 2020, $*****
- Highlight: Public
3. Olo
Provider of a platform for restaurant brands to manage digital operations. The platform offers tools for online ordering, payments, delivery management, and guest engagement. It facilitates streamlined workflows and personalized guest experiences. The platform integrates with various technology partners, enabling restaurants to build digital commerce experiences. It focuses on helping restaurants increase orders and improve operational efficiency.
Key facts about Olo
- Founded Year: 2005
- Location: New York City (United States)
- Annual Revenue: $285M as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $73.6M
- Employee Count: 873 as on Apr 30, 2026
- Investors: HTIF, Tiger Global Management and 10 Others
- Latest Funding Round: Post IPO, Nov 04, 2021, $*****
- Highlight: Acquired
4. Aptos
Provider of protocols for building blockchain-based solutions. It offers users with a platform focused on building blockchain-based products and applications. It develops network tooling and ensures usability in order to offer the benefits of decentralization to the masses.
Key facts about Aptos
- Founded Year: 2021
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $350M
- Employee Count: 191 as on Apr 30, 2026
- Investors: Tiger Global Management, Brighton Park Capital and 31 Others
- Latest Funding Round: Series D, Sep 19, 2024, $*****
- Highlight: Editors' Pick
5. Tala
Provider of a platform offering credit and digital financial services. Its personalized credit platform harnesses machine learning models trained on billions of proprietary data points from over a decade of customer relationships to underwrite millions of customers who have never interacted with the formal banking system. It is the first and only platform to combine the intelligence of a credit bureau, the payments execution of a fintech and the relationship expertise of a bank into one integrated solution. It has built a plug-and-play banking solution that has the potential to serve any person in any country.
Key facts about Tala
- Founded Year: 2011
- Location: Santa Monica (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $346M
- Employee Count: 907 as on Mar 31, 2026
- Investors: Western Technology Investment, eversourcecap.com and 51 Others
- Latest Funding Round: Conventional Debt, Mar 20, 2025, $*****
- Highlight: Editors' Pick
PayPal Ventures' Year-on-Year Investment Trends
PayPal Ventures has invested in 61 companies over the last 7 years, with an average of 9 new investments annually in the last 5 years. In 2025, it made 13 investments, while as of Mar 2026, it has made 4 investments in this year. Its most recent first time investment was in Cart.com and most recent follow-on round was in Ume.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 9 | 4 | 13 |
2024 | 14 | 2 | 16 |
2023 | 8 | 2 | 10 |
2022 | 4 | 3 | 7 |
2021 | 6 | 5 | 11 |
2020 | 1 | 0 | 1 |
2019 | 2 | 0 | 2 |
PayPal Ventures' Investments by Stage
PayPal Ventures has made 17 investments in Series B stage with an average round size of $50.6M, 16 investments in Series A stage with an average round size of $17.7M, 6 investments in Seed stage with an average round size of $8.36M, 6 investments in Series C stage with an average round size of $71.2M and 3 investments in Series D stage with an average round size of $128M.Stage of entry | No. of Investments |
|---|---|
Series B | 17 |
Series A | 16 |
Seed | 6 |
Series C | 6 |
Series D | 3 |
Note: We have considered here, only first round of investments
PayPal Ventures' Investments by Sector
PayPal Ventures has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Retail, Blockchain - Industry Applications and Blockchain Technology. Notably, it has invested in 59 Tech companies, 48 Enterprise (B2B) companies, 37 Software companies and at least 21 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
FinTech | 39 |
Enterprise Applications | 27 |
Retail | 10 |
Blockchain - Industry Applications | 9 |
Blockchain Technology | 8 |
Others | 34 |
Note: We have considered here, only first round of investments
PayPal Ventures' Investments by Geography
PayPal Ventures has made most investments in United States (21), followed by Germany where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 21 |
Germany | 5 |
India | 3 |
United Kingdom | 3 |
France | 2 |
Others | 16 |
Note: We have considered here, only first round of investments
PayPal Ventures' recent investments
PayPal Ventures has made 4 investments in 2026 so far. Cart.com and Xflow are the latest among them.Here are the most recent investments by PayPal Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 05, 2026 | United States | Series D | 6344 | ||
Feb 23, 2026 | India | Series A | 3046 | [+4] | |
Jan 15, 2026 | United States | Seed | 8157 | [+2] | |
Jan 13, 2026 | Netherlands | Series A | 8880 | ||
Dec 18, 2025 | United States | Seed | 2603 | [+2] |
Unicorns in PayPal Ventures' Portfolio
PayPal Ventures has 14 unicorns in its portfolio - TRM Labs, Tabby, Cart.com and others. The most recent unicorn in their portfolio is TRM Labs. It became a unicorn in 2026, 6 years after PayPal Ventures first invested in it.Here is a list of unicorns in PayPal Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provider of blockchain intelligence for detecting crypto-facilitated crime and compliance | 2018 | San Francisco | Series C | dy{zvzt | ||
83 | Provider of purchase financing solutions for businesses | 2019 | Riyadh | Series E | ddhwzbb | ||
69 | Provider of unified commerce and logistics solutions for business growth | 2020 | Houston | Series D | sznwnfj | ||
70 | Trade management solutions for digital assets | 2018 | New York City | Series B | wtxakbs | ||
70 | Omnichain interoperability protocol that unites decentralized applications | 2021 | Vancouver | Series B | tulonds |
IPOs and Publicly Listed companies in PayPal Ventures' Portfolio
2 of PayPal Ventures' portfolio companies have become public. Bill got listed on the New York Stock Exchange (NYSE), in Dec 2019 and Even got listed on the Brazilian Stock Exchange (BVMF).Here are PayPal Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 12, 2019 | - | - | 4488 | |
Apr 01, 2007 | - | - | 1875 |
Acquired companies in PayPal Ventures' Portfolio
4 companies from PayPal Ventures' portfolio have been acquired. The most recent acquisition was Robin in Dec 2025 by Scissero for $*****.Here are PayPal Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2025 | Nov 12, 2024 | Series B | 8969 | |
Jul 03, 2025 | - | - | 4313 | |
Jan 24, 2022 | Apr 06, 2022 | Series B | 4298 | |
Mar 01, 2021 | - | - | 8037 |
Team profile of PayPal Ventures
PayPal Ventures has a team of 8 members including 1 Partner and 5 Principals located in United States. PayPal Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in PayPal Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Principal | New York City | - | - | |
Principal | Brooklyn | - | - | |
Principal | New York City | - | - | |
Principal | - | - | - | |
Principal | - | - | - |
Co-investors of PayPal Ventures
Over the past 7 years, 667 investors have co-invested in PayPal Ventures's portfolio companies. This includes funds and angels.
- Invested before PayPal Ventures: PayPal, Y Combinator and 412 others have invested in rounds before PayPal Ventures. There are 6 companies where PayPal has invested before PayPal Ventures and 5 companies where Y Combinator has invested before PayPal Ventures.
- Top Co-investors of PayPal Ventures: 129 investors entered a company along with PayPal Ventures. These include investors like Endeavor (3 companies).
- Invested after PayPal Ventures: A total of 124 investors have invested in PayPal Ventures's portfolio after their investments. Top Investors include J P Morgan (3 companies), Tiger Global Management (3 companies) and Coinbase (2 companies).
Recent News related to PayPal Ventures
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Cart.com Announces $180 Million Strategic Investment Led by Springcoast PartnersBusiness Wire•Mar 04, 2026•PayPal Ventures, Springcoast Capital Partners, Cart.com, Oak HC/FT and 2 others
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Xflow Raises $16.6 Mn Funding, Secures Full PA-CB LicenceStartupNews•Feb 24, 2026•Xflow, General Catalyst, PayPal Ventures, Square Peg Ventures and 7 others
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EFEX Raises $8M Seed Round to Enhance Global Treasury Platform in Mexico and the USPRO Network•Feb 19, 2026•PayPal Ventures, Efex, Nido Ventures, Contour Venture Partners and 2 others
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Return Fraud Startup Pinch AI Lands $5M to Protect Retailer MarginsStartup Story•Jan 15, 2026•Pinch, PayPal, PayPal Ventures, Infinity Ventures and 1 other
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Israeli fintech company Cleary raises $14 millionPeople & Computers•Jan 13, 2026•PayPal Ventures, Global Paytech Ventures, Klearly, Antler and 1 other
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Surf AI-Driven Digital Asset Analysis Platform Secures $15 Million Funding RoundCryptobreaking•Dec 11, 2025•Pantera Capital, Coinbase, Surf AI, Digital Currency Group and 41 others
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Crypto-Native Tipping Protocol Noice Discloses InvestmentChainCatcher•Oct 14, 2025•Coinbase, Lake County Property Appr, Noise Protocol, Kite and 2 others
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Stable Announces Investment from PayPal: Stablechain to Integrate PYUSDBlockTempo•Sep 22, 2025•Stable, PayPal, Stability AI, Hack VC and 3 others
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FINARY raises 25 million euros to accelerate AI applied to wealth managementFrenchWeb•Sep 18, 2025•Shapers, PayPal Ventures, Finary, Hedosophia and 5 others
