Fundraising FoxPaerpay
Techstars '21New York, US · Founded 2017 · 5 known investors
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Founders & leadership
Paerpay was founded in 2017 by Derek Canton.
DC
Derek CantonFounderDerek Canton founded Paerpay, a contactless payments platform for restaurants that raised venture capital, and previously worked with startups at OpenAI to help them build with AI technology.30 Under 30 2023
Board
NR
JJ
James Jerome BuettgenBoard director
RP
Robert PowerBoard director
JA
Jason AllenBoard director
Investors · 5
Elevate Capitallisted by Elevate CapitalPortland · $2M – $25M
How we know: Elevate Capital's portfolio page · board seat on SEC Form D · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
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Techstarslisted by TechstarsBoulder · $220K
How we know: the Techstars portfolio · open dataset · 5k.vc investor directory · Not right? Tell us
Walnut Venture Associateslisted by Walnut Venture AssociatesWellesley
How we know: the VCSheet dataset · Not right? Tell us
The FundreportedAustin · $50K – $250K
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$4.9M disclosed across 2 rounds · 2021–2024
▶$700KraisedJun 2024 · 3 investors · Other TechnologyRule 506(b)
▶$700KraisedJun 2024 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- James Jerome BuettgenDirector
- Derek CantonExecutive Officer, Director
- Robert PowerDirector
- Nitin RaiDirector
- Jason AllenDirector
- Offering amount
- $2M
- Amount sold
- $700K
- First sale
- May 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4.2MraisedDec 2021 · 50 investors · Other TechnologyRule 506(b)
▶$4.2MraisedDec 2021 · 50 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Derek CantonExecutive Officer, Director
- Nitin RaiDirector
- James Jerome BuettgenDirector
- Robert PowerDirector
- Jason AllenDirector
- Offering amount
- $4.2M
- Amount sold
- $4.2M
- First sale
- Nov 2021
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- Who founded Paerpay?
- Paerpay was founded by Derek Canton in 2017.
- Who are Paerpay's investors?
- Paerpay's investors include Elevate Capital, Gaingels, Techstars, Walnut Venture Associates, The Fund.
- How much funding has Paerpay raised?
- Paerpay has disclosed $4.9M raised across 2 rounds.
- Where is Paerpay headquartered?
- Paerpay is headquartered in New York, US.