/Companies

Nearside

San Francisco, US · Founded 2012 · Delaware corporation · 12 known investors

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Plastiq enables businesses to pay vendors using credit cards while vendors receive payments via wire, ACH, check, or other methods, combined with embedded payment processing and card acceptance solutions for merchant transactions.

Founders & leadership

Nearside was founded in 2012 by Eliot Buchanan.

EBEliot Buchanan
Eliot BuchananFounder, CEOEliot Buchanan is a payments executive with over 15 years of experience building and scaling B2B and B2B2C platforms. He has held leadership roles involving full P&L responsibility, enterprise sales, and partnerships across payroll, vertical SaaS, major US banks, and card networks, and currently serves as President of a publicly traded fintech platform.
DCDaniel Choi
Daniel ChoiCo-Founder / Head of Product2011–2019Daniel Choi is an Executive Officer at Nearside, a company that provides embedded payment processing and card acceptance solutions for merchant transactions. He studied computer science and has experience building software products.
GWGeoffrey Willison
Geoffrey WillisonCOO & Acting CFO2013–2014Geoffrey Willison holds multiple C-level roles across EdTech, FinTech, Tech-Enabled Services, and Software companies, with background in strategy consulting and operational leadership.
MMMichail Medvinsky
Michail MedvinskyExecutiveExecutive Officer, Director, Promoter at Koverly

Board

RM
Ryan MooreBoard director
JBJeffrey Bussgang
Jeffrey BussgangBoard directorInvestor at Flybridge Capital Partners
BLBenjamin Ling
Benjamin LingBoard directorGeneral Partner at Bling Capital
KH
Kerry HatchBoard director

Investors · 12

Reported raises · per SEC filings

Form D private placements

$12.8M disclosed across 2 rounds · 2014–2016

▶$2.9MraisedApr 2016 · 6 investors · Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Daniel ChoiExecutive Officer
  • Ryan MooreDirector
  • Jeffrey BussgangDirector
  • Kerry HatchDirector
  • Eliot BuchananExecutive Officer, Director
  • Benjamin LingDirector
Offering amount
$11.1M
Amount sold
$2.9M
Minimum investment
$1
First sale
Feb 2016
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$10MraisedJul 2014 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Geoffrey WillisonExecutive Officer
  • Eliot BuchananExecutive Officer, Director
  • Daniel ChoiExecutive Officer
  • Ryan MooreDirector
  • Jeffrey BussgangDirector
  • Michail MedvinskyExecutive Officer
  • Kerry HatchDirector
  • Benjamin LingDirector
Amount sold
$10M
First sale
Jul 2014
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Nearside went on to found or lead other companies.

Legal entities · 1

corporate structure
NearsideDelaware

Frequently asked questions

What does Nearside do?
Plastiq enables businesses to pay vendors using credit cards while vendors receive payments via wire, ACH, check, or other methods, combined with embedded payment processing and card acceptance solutions for merchant transactions.
Who founded Nearside?
Nearside was founded by Eliot Buchanan in 2012.
Who are Nearside's investors?
Nearside's investors include Acorn Pacific Ventures, Bling Capital, Flybridge Capital Partners, Parade Ventures, Socii Capital, Accomplice, Atlas Venture, B Capital Group and 4 more.
How much funding has Nearside raised?
Nearside has disclosed $12.8M raised across 2 rounds.
Where is Nearside headquartered?
Nearside is headquartered in San Francisco, US.