/Companies

Payrailz

Glastonbury, US · Founded 2016 · 4 known investors

Find your way into Payrailz

Sign up to see every warm intro you have to Payrailz

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Payrailz 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.

Cloud-native digital payments capabilities. Now part of Jack Henry. (Exited)

Founders & leadership

Payrailz was founded in 2016 by Francis P. Duggan.

FP
Francis P. DugganFounder
RP
Richard PelikanExecutive
PFPaul Franko
Paul FrankoPayrailz Co-founder & COO2019–2022

Board

NL
Neil L. UnderwoodBoard director
JS
James S. MahanBoard director
JD
James DreibelbisBoard director
MJ
Mark JohnsonBoard directorPartner at TTV Capital
RM
Raymond MerkBoard director

Investors · 4

Reported raises · per SEC filings

Form D private placements

$20.7M disclosed across 3 rounds · 2017–2019

▶$14.5MraisedSep 2020 · 1 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Raymond MerkDirector
  • Richard PelikanExecutive Officer, Promoter
  • Paul FrankoExecutive Officer, Director, Promoter
  • Francis P. DugganExecutive Officer, Director, Promoter
  • James S. Mahan IIIDirector
  • James DreibelbisDirector
  • Mark JohnsonDirector
  • Neil UnderwoodDirector
Offering amount
$17.5M
Amount sold
$14.5M
First sale
Aug 2019
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.8MraisedSep 2018 · 12 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Francis P. DugganExecutive Officer, Director, Promoter
  • Raymond MerkDirector
  • James S. MahanDirector
  • Richard PelikanExecutive Officer, Director, Promoter
  • Paul FrankoExecutive Officer, Director, Promoter
  • James DreibelbisDirector
  • Neil L. UnderwoodDirector
  • Mark JohnsonDirector
Offering amount
$4.5M
Amount sold
$3.8M
First sale
Aug 2018
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.4MraisedNov 2017 · 9 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard PelikanExecutive Officer, Director, Promoter
  • Neil L. UnderwoodDirector
  • James S. MahanDirector
  • Francis P. DugganExecutive Officer, Director
  • James DreibelbisDirector
  • Mark JohnsonDirector
  • Raymond MerkDirector
  • Paul FrankoExecutive Officer, Director, Promoter
Offering amount
$2.4M
Amount sold
$2.4M
First sale
Oct 2017
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Frequently asked questions

What does Payrailz do?
Cloud-native digital payments capabilities. Now part of Jack Henry. (Exited)
Who founded Payrailz?
Payrailz was founded by Francis P. Duggan in 2016.
Who are Payrailz's investors?
Payrailz's investors include Curql Collective, LLC, Next Level Ventures, TTV Capital, Webster Bank.
How much funding has Payrailz raised?
Payrailz has disclosed $20.7M raised across 3 rounds.
Where is Payrailz headquartered?
Payrailz is headquartered in Glastonbury, US.