Preczn
Reno, US · Founded 2022 · 8 known investors
Preczn is a payments infrastructure platform built for Vertical SaaS companies, letting them own their payment stack, migrate merchant and card data, and manage multiple processors from a single control layer. It aims to reduce processor lock-in, lower operating costs, and speed merchant onboarding and revenue growth.
Founders & leadership
JK
Jason KeyinCo-Founder, Product and TechnologyCo-founder leading product and technology (often referred to as CTO). Previously CPO and CIO at Payrix (acquired by FIS) and earlier technology leadership at PayPal and other payments firms. Based in Reno, Nevada. Named as co-founder on Preczn’s company LinkedIn post.
MV
Malik VelaniinCo-Founder & CEOCo-founder and CEO (Form D: President, CEO, and CFO/Treasurer). Previously VP of global business development at Spreedly and long-tenured PayPal leader across platform partnerships and retail solutions. Preczn’s own LinkedIn anniversary post names him and Jason Key as the co-founders. Form D also lists Blank GP Abhinav Tiwari as a director, not a founder.
Investors · 8
Blank VenturesSan Francisco · $500K – $2M
Flyover CapitalKansas City · $500K – $2M
Grand VenturesGrand Rapids · $250K – $2M
Owl Capitalvia Jennifer Fonstad · inferred
Rosecliff VenturesNew York City · $500K
Gilgamesh Venturesreported · 2 sourcesNew York City · $150K – $500K
Saas Ventures, L.L.C.reportedMiami · $75K – $5M
Also in the syndicate · 1
Nelnet Ventures
Funding
SEC filings, press & company announcements$6.8M disclosed across 1 round · 2023
- $6.8MraisedOct 2023 · 3 sources
Blank Ventures (lead), Flyover Capital (lead), Gilgamesh Ventures, Grand Ventures, Nelnet Ventures, Rosecliff Ventures, SaaS Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Preczn do?
- Preczn is a payments infrastructure platform built for Vertical SaaS companies, letting them own their payment stack, migrate merchant and card data, and manage multiple processors from a single control layer. It aims to reduce processor lock-in, lower operating costs, and speed merchant onboarding and revenue growth.
- Who are Preczn's investors?
- Preczn's investors include Blank Ventures, Flyover Capital, Grand Ventures, Owl Capital, Rosecliff Ventures, Gilgamesh Ventures, Saas Ventures, L.L.C..
- How much funding has Preczn raised?
- Preczn has disclosed $6.8M raised across 1 round.
- Where is Preczn headquartered?
- Preczn is headquartered in Reno, US.