Fundraising Fox

PayForward

Valencia, US · Founded 2013 · Delaware LLC · 4 known investors

PayForward provides payment and financial technology solutions for the healthcare sector. It positions itself as a fintech partner serving healthcare clients.

Digital HealthEnterprise SoftwareFintechHealthtech

Founders & leadership

RS
Ronald SilosManager of PayForward, LLC
SM
Steven MarksManager of PayForward, LLC
AR
Armando RandChief Executive Officer and Co-Founder

Investors · 4

Cobalt VenturesKansas City · $10M – $75M
Moneta VenturesFolsom · $1M – $5M
Multiplier CapitalWashington · $3M – $15M
Struck CapitalreportedLos Angeles · $500K – $2M

Reported raises · per SEC filings

Form D private placements

$20.9M disclosed across 4 rounds · 2015–2019

▶$7.4MraisedSep 2019 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steven MarksExecutive Officer, Director
  • Armando RandExecutive Officer, Director
  • Ronald SilosExecutive Officer, Director
  • Timothy GreenleafDirector
  • Michael SachsDirector
  • Sara SedlacekDirector
  • Vaibhav NadgaudaDirector
Offering amount
$7.4M
Amount sold
$7.4M
Proceeds to insiders
$2.1M
First sale
Jan 2019
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedNov 2017 · 14 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Timothy GreenleafDirector
  • Michael SachsDirector
  • Armando RandExecutive Officer, Director
  • Steven MarksExecutive Officer, Director
  • Ronald SilosExecutive Officer, Director
Offering amount
$5M
Amount sold
$5M
First sale
Oct 2017
Incorporated
Limited Liability Company, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6MraisedAug 2016 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Timothy GreenleafDirector
  • Steven MarksExecutive Officer, Director
  • Armando RandExecutive Officer, Director
  • Ronald SilosExecutive Officer, Director
  • Michael SachsDirector
Offering amount
$6M
Amount sold
$6M
First sale
Jul 2016
Incorporated
Limited Liability Company, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.5MraisedApr 2015 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ronald SilosExecutive Officer, Director
  • Steven MarksExecutive Officer, Director
  • Armando RandExecutive Officer, Director
Offering amount
$10M
Amount sold
$2.5M
First sale
Apr 2015
Incorporated
Limited Liability Company, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 1

by search overlap
Visa® Spend Clarity for Enterprise117 shared keywordsVisa operates a global payments network enabling digital and card-based transactions for consumers and businesses across multiple sectors and geographies.

Companies competing with PayForward for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does PayForward do?
PayForward provides payment and financial technology solutions for the healthcare sector. It positions itself as a fintech partner serving healthcare clients.
Who are PayForward's investors?
PayForward's investors include Cobalt Ventures, Moneta Ventures, Multiplier Capital, Struck Capital.
How much funding has PayForward raised?
PayForward has disclosed $20.9M raised across 4 rounds.
Where is PayForward headquartered?
PayForward is headquartered in Valencia, US.