Fundraising FoxPayrailz
Glastonbury, US · Founded 2016 · 4 known investors
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Cloud-native digital payments capabilities. Now part of Jack Henry. (Exited)
Founders & leadership
Payrailz was founded in 2016 by Francis P. Duggan.
Board
Investors · 4
How we know: Curql Collective, LLC's portfolio page · Not right? Tell us
How we know: Next Level Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: a partner's Signal profile · hartfordbusiness.com · the VCSheet dataset · Not right? Tell us
How we know: hartfordbusiness.com · Not right? Tell us
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 ServicesRule 506(b)
- 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
▶$3.8MraisedSep 2018 · 12 investors · Other Banking and Financial ServicesRule 506(b)
- 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
▶$2.4MraisedNov 2017 · 9 investors · Other Banking and Financial ServicesRule 506(b)
- 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
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.