Payfully
Brooklyn, US · Founded 2016 · Delaware corporation · 1 known investors
Tongo provides a financial platform for real estate agents that centralizes commission management, automates distribution across multiple accounts, and offers early access to pending commissions. The platform addresses the financial needs of commission-based workers in the self-employed economy.
Founders & leadership
Investors · 1
Reported raises · per SEC filings
Form D private placements$2.4M disclosed across 2 rounds · 2016–2017
▶$2.1MraisedJul 2017 · 7 investors · Other TechnologyRule 506(b)
▶$2.1MraisedJul 2017 · 7 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- David BeiselDirector
- TJ MahonyDirector
- Alberto SheinfeldExecutive Officer, Director
- Luis ScullExecutive Officer, Director
- Offering amount
- $2.1M
- Amount sold
- $2.1M
- First sale
- May 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$300KraisedMay 2016 · 9 investors · Other Banking and Financial ServicesRule 506(b)
▶$300KraisedMay 2016 · 9 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Alberto SheinfeldExecutive Officer
- Luis ScullExecutive Officer
- Offering amount
- $500K
- Amount sold
- $300K
- Minimum investment
- $10K
- Proceeds to insiders
- $100K
- First sale
- Apr 2016
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 04, 05, 06b, 4a5
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Payfully do?
- Tongo provides a financial platform for real estate agents that centralizes commission management, automates distribution across multiple accounts, and offers early access to pending commissions. The platform addresses the financial needs of commission-based workers in the self-employed economy.
- Who are Payfully's investors?
- Payfully's investors include Entrepreneurs Roundtable Accelerator (ERA).
- How much funding has Payfully raised?
- Payfully has disclosed $2.4M raised across 2 rounds.
- Where is Payfully headquartered?
- Payfully is headquartered in Brooklyn, US.