/Companies

Paerpay

Techstars '21

New York, US · Founded 2017 · 4 known investors

Find your way into Paerpay

Each arrow is one introduction. Sign up to fill in the first one.

3,489 people can intro you to Derek

Ask Jahaan Ansari to introduce you to Derek Canton

You →Jahaan · together at Forbes 30 Under 30 2023 · Food & Drink →Derek

Sign up to find every way you can get introduced to Paerpay

  • Your email: who you already know at Paerpay, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Paerpay team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

Founders & leadership

Paerpay was founded in 2017 by Derek Canton.

DCDerek Canton
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

NRNitin Rai
Nitin RaiMember Board Of Directors2021–2025Founder & Managing Partner at Elevate Capital
JJ
James Jerome BuettgenBoard director
RP
Robert PowerBoard director
JA
Jason AllenBoard director

Investors · 4

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

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.