PayRange
Portland, US · Founded 2013 · 4 known investors
Find your way into PayRange
187 people in our graph share verified history with the PayRange team — schools, employers, funds. One of them is your warm intro.
Mike Fridgenunlockedknows Paresh Patel · together at UW Foster School of Business (overlapped)
×9knows the team · via UW Foster School of Business
knows the team · via PayRange
knows the team · via Capella University
PayRange operates an IoT platform that enables mobile payments for unattended retail machines like vending machines and air/water dispensers. The company processes transactions for self-service retail operators and consumers seeking contactless payment alternatives to cash.
Founders & leadership
PayRange was founded in 2013 by Paresh Patel.
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Paresh Patelin𝕏Founder & CEOParesh Patel is founder and Executive Officer of PayRange, an IoT platform that processes contactless payments for unattended retail machines including vending machines and laundry dispensers. He holds over 100 patents and has raised hundreds of millions in venture funding to scale the business.
Investors · 4
Reported raises · per SEC filings
Form D private placements$3.1M disclosed across 3 rounds · 2014
▶$150KraisedAug 2014 · 1 investors · OtherRule 506(b)
▶$150KraisedAug 2014 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Paresh PatelExecutive Officer, Director, Promoter
- Osama BedierDirector
- Offering amount
- $500K
- Amount sold
- $150K
- First sale
- Aug 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$2.6MraisedJul 2014 · 13 investors · OtherRule 506(b)
▶$2.6MraisedJul 2014 · 13 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Paresh PatelExecutive Officer, Director, Promoter
- Osama BedierDirector
- Offering amount
- $2.6M
- Amount sold
- $2.6M
- First sale
- Jul 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$405.1KraisedJun 2014 · 4 investors · OtherRule 506(b)
▶$405.1KraisedJun 2014 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Paresh PatelExecutive Officer, Director, Promoter
- Offering amount
- $2M
- Amount sold
- $405.1K
- First sale
- May 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does PayRange do?
- PayRange operates an IoT platform that enables mobile payments for unattended retail machines like vending machines and air/water dispensers. The company processes transactions for self-service retail operators and consumers seeking contactless payment alternatives to cash.
- Who founded PayRange?
- PayRange was founded by Paresh Patel in 2013.
- Who are PayRange's investors?
- PayRange's investors include Forefront Venture, Matrix, Nyca, Nyca Partners.
- How much funding has PayRange raised?
- PayRange has disclosed $3.1M raised across 3 rounds.
- Where is PayRange headquartered?
- PayRange is headquartered in Portland, US.