PayEm

company

About

From request to reconciliation, PayEm manages, automates and connects company spend processes in one place, for full visibility and control.

  • Tel Aviv,Tel Aviv,Israel
  • 51 - 100

Details

Last Funding Type
Seed
Last Funding Money Raised
$7M
Industries
Financial Services,FinTech,Payments
Founded date
Jan 1, 2019
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
PayEm Inc

PayEm’s spend and procurement management platform brings control, transparency and automation to finance teams. The technology captures invoices, creates bills, schedules and sends payments to anywhere in the world, in any currency, auto-categorizes and syncs with an ERP.

PayEm automates tedious tasks, reduces frictions and frustration, giving finance teams precious time to focus on the big picture while giving them real-time visibility by department, team, employee, subsidiary, or vendor in reporting and automation.

In other words, PayEm helps finance teams get their job done and done quickly.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$27M
PayEm has raised a total of $27M in funding over 2 rounds. Their latest funding was raised on Sep 1, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 1, 2021 Seed $7M 4 NFX
Pitango VC
Detail
Sep 1, 2021 Series A $20M 1 Glilot Capital Partners Detail
Apr 3, 2019 Non-Equity Assistant 1 Detail

Investors

Number of Lead Investors
Number of Investors
3
6
PayEm is funded by 6 investors. NFX and Pitango VC are the most recent investors.
Investor Name Lead Investor Funding Round
NFX Yes Seed
Pitango VC Yes Seed
Glilot Capital Partners Yes Series A
fresh.fund Seed
LocalGlobe Seed
MassChallenge Non-Equity Assistant

Employee Profiles

Number of Employee Profiles
7
PayEm has 7 current employee profiles, including Board member Ahikam Kaufman
Board member
Employee
Employee
Executive
Executive