Fundraising Fox

Paerpay

Techstars '21

New York, US · Founded 2017 · 4 known investors

Find your way into Paerpay

685 people in our graph share verified history with the Paerpay team — schools, employers, funds. One of them is your warm intro.

Wesley Barrowunlockedknows Derek Canton · together at Techstars (overlapped)
×6knows the team · via Techstars
×5knows the team · via OpenAI
Fintech

Founders & leadership

Paerpay was founded in 2017 by Derek Canton.

DCDerek Canton
Derek CantoninFounderDerek 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
Nitin RaiBoard director
JJ
James Jerome BuettgenBoard director
RP
Robert PowerBoard director
JA
Jason AllenBoard director

Investors · 4

Elevate CapitalBeaverton · $2M – $25M
TechstarsBoulder · $220K
Walnut Venture AssociatesWellesley
The FundreportedAustin · $50K – $250K

Reported raises · per SEC filings

Form D private placements

$4.9M disclosed across 2 rounds · 2021–2024

▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

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

In the news

Valyant AI raises additional funding to enhance drive-thru ordering experienceglobenewswire.com · Apr 2023Meet the ‘unlikely founder’ of tech startup Paerpay - The Boston Globebostonglobe.com · Feb 2023Paerpay raises $3 million seed round to grow its contactless payment platform – 6PARK.NEWS/MASSACHUSETTS6park.news · Mar 2022Paerpay Raises $3M in Seed Fundingfinsmes.com · Mar 2022Paerpay raises $3M seed round to grow their contactless payment platformprnewswire.com · Mar 2022

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, 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.