Fundraising FoxPayment Works
Boston, US · Founded 2013 · Delaware corporation · 1 known investors
Find your way into Payment Works
Sign up to see every warm intro you have to Payment Works
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Payment Works team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
PaymentWorks provides a vendor management system that automates the entire vendor lifecycle, including onboarding, compliance verification, and payments. The platform serves businesses and enterprises seeking to reduce manual processes, mitigate vendor risk, and streamline vendor payment operations.
Founders & leadership
Payment Works was founded in 2013 by Thayer Stewart.
ST
Seth Thayer StewartExecutive
Board
PG
Peter GeorgiopoulosBoard director
JC
Jay Clinton RisingBoard director
JS
Jeffrey SloanBoard director
AG
Alan GreenblattChief Technology Officer and Co-Founder
Investors · 1
Reported raises · per SEC filings
Form D private placements$41.6M disclosed across 7 rounds · 2014–2023
▶$12MraisedMar 2025 · 56 investors · Other TechnologyRule 506(b)
▶$12MraisedMar 2025 · 56 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Seth Thayer StewartExecutive Officer, Director
- Jay Clinton RisingDirector
- Peter C. GeorgiopoulosDirector
- Jeffrey SloanDirector
- Alan GreenblattDirector
- Offering amount
- $17M
- Amount sold
- $12M
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.4MraisedJun 2022 · 20 investors · Other TechnologyRule 506(b)
▶$5.4MraisedJun 2022 · 20 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Peter GeorgiopoulosDirector
- Jay C. RisingDirector
- Alan GreenblattDirector
- Seth Thayer StewartExecutive Officer, Director
- Offering amount
- $17M
- Amount sold
- $5.4M
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.5MraisedAug 2021 · 34 investors · Other TechnologyRule 506(b)
▶$3.5MraisedAug 2021 · 34 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Alan GreenblattDirector
- Peter GeorgiopoulosDirector
- Jay Clinton RisingDirector
- Seth Thayer StewartExecutive Officer, Director
- Offering amount
- $8.5M
- Amount sold
- $3.5M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.8MraisedMay 2020 · 27 investors · Other TechnologyRule 506(b)
▶$1.8MraisedMay 2020 · 27 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Seth Thayer StewartExecutive Officer, Director
- Peter GeorgiopoulosDirector
- Jay Clinton RIsingDirector
- Alan GreenblattDirector
- Offering amount
- $4M
- Amount sold
- $1.8M
- First sale
- Apr 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$14.5MraisedJul 2019 · 82 investors · Other TechnologyRule 506(b)
▶$14.5MraisedJul 2019 · 82 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Seth Thayer StewartExecutive Officer, Director
- Alan GreenblattDirector
- Jay Clinton RisingDirector
- Peter GeorgiopoulosDirector
- Offering amount
- $15.4M
- Amount sold
- $14.5M
- First sale
- Jun 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.5MraisedJun 2016 · 21 investors · Other TechnologyRule 506(b)
▶$2.5MraisedJun 2016 · 21 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Thayer StewartExecutive Officer, Director
- Alan GreenblattDirector
- Offering amount
- $5M
- Amount sold
- $2.5M
- Proceeds to insiders
- $750K
- First sale
- May 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$1.9MraisedNov 2014 · 22 investors · Other TechnologyRule 506(b)
▶$1.9MraisedNov 2014 · 22 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Thayer StewartExecutive Officer, Director
- Alan GreenblattDirector
- Offering amount
- $2.2M
- Amount sold
- $1.9M
- First sale
- Jun 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 7
StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
IntuitIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
OnPayOnPay provides online payroll, HR, and benefits management software for small businesses, handling pay runs, tax calculations, deductions, and compliance. It integrates with accounting software, 401(k) plans, and benefits tools to keep business operations in sync.
AirwallexAirwallex operates a global banking platform that provides cross-border payments, financial infrastructure, and AI-powered financial software for businesses. The platform serves companies across 200+ countries, enabling automated financial operations, expense management, and billing for global enterprises and AI-native businesses.
SkuadSkuad is a platform that helps companies hire, onboard, pay, and manage remote employees and contractors across 160+ countries. It provides compliant employment contracts, payroll processing, tax compliance, benefits administration, and talent matching services for global teams.
homebaseHomebase is a management platform for small businesses that includes team messaging, scheduling, shift tracking, onboarding, and payroll features. It serves restaurants, retail, and other hourly-wage businesses with tools for employee communication, scheduling, and performance tracking.
OysterOyster is an employer of record (EOR) platform that lets companies hire, pay, and manage full-time employees and contractors in over 180 countries without setting up local entities, handling compliant onboarding, contracts, payroll, and benefits. It pairs an automated platform with in-house HR experts and integrates with HRIS, ATS, and accounting systems, serving globally distributed teams.
Companies working in the same space as Payment Works.
Frequently asked questions
- What does Payment Works do?
- PaymentWorks provides a vendor management system that automates the entire vendor lifecycle, including onboarding, compliance verification, and payments. The platform serves businesses and enterprises seeking to reduce manual processes, mitigate vendor risk, and streamline vendor payment operations.
- Who founded Payment Works?
- Payment Works was founded by Thayer Stewart in 2013.
- Who are Payment Works's investors?
- Payment Works's investors include UNCOMMON DENOMINATOR.
- How much funding has Payment Works raised?
- Payment Works has disclosed $41.6M raised across 7 rounds.
- Where is Payment Works headquartered?
- Payment Works is headquartered in Boston, US.