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Teampay

California, US · 10 known investors

Find your way into Teampay

150 people in our graph share verified history with the Teampay team — schools, employers, funds. One of them is your warm intro.

Maria Cirinounlockedknows Andrew Hoag · together at VeriSign (overlapped)
×5knows the team · via VeriSign
×2knows the team · via Teampay
×3knows the team · via Gustavus Adolphus College
knows the team · via NASA Ames Research Center

Teampay (by Paystand) is an expense management and spend control platform for finance teams that automates expense submission, approval routing, receipt capture, and accounting coding through integrations with ERP systems like NetSuite and Dynamics 365. The platform operates as a spend agent in Slack and Teams, managing corporate cards, reimbursements, and vendor purchases with real-time policy enforcement and GL posting.

Enterprise SoftwareFintechSaaS

Founders & leadership

AHAndrew Hoag
Andrew HoaginFounder & CEO2016–2023Andrew Hoag is a founder with two prior exits and experience scaling revenue to eight figures. Earlier in his career, he built supercomputers for NASA and led a $60M product line in cybersecurity and cryptography at VeriSign.

Investors · 10

Crosscut VenturesLos Angeles · $250K – $750K
Evolution VC PartnersNew York
R136 VenturesWoodside · $2M – $20M
Rising TidePacifica
Sand Hill AngelsMenlo Park · $50K – $2M
Trestle PartnersPalm Beach
CrossCutreportedVenice
Fin Venture Capitalreported · 2 sourcesSan Francisco

Also in the syndicate · 2

PrecursorTribe

Funding

SEC filings, press & company announcements

$5M disclosed across 1 of 3 rounds · 2020–2022

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

3 people who came through Teampay went on to found or lead other companies.

Adam DevineAdvisorFounded Foresight +1Steve MockGTM AdvisorFounded Metric InsightsJonathan HsuBoard MemberFounded Tribe Capital

In the news

US fintech Teampay secures $47m in Series B fundingfintechfutures.com · Dec 2022Teampay Brings Total Funding to $65 Million with Latest Round Led by Fin Venture Capitalbusinesswire.com · Nov 2022Spend management platform Teampay expands partnership with Mastercard, raises $47M | TechCrunchtechcrunch.com · Nov 2022Teampay adds $5M to its Series A at higher valuation after growing ARR 320% growth since the round | TechCrunchtechcrunch.com · Oct 2020Teampay Raises $5M in Oversubscribed Funding Round Led by Fin Venture Capitalglobenewswire.com · Oct 2020Tribe leads $12M Series A into Teampay to make managing employee expenses painless | TechCrunchtechcrunch.com · Sep 2019

Frequently asked questions

What does Teampay do?
Teampay (by Paystand) is an expense management and spend control platform for finance teams that automates expense submission, approval routing, receipt capture, and accounting coding through integrations with ERP systems like NetSuite and Dynamics 365. The platform operates as a spend agent in Slack and Teams, managing corporate cards, reimbursements, and vendor purchases with real-time policy enforcement and GL posting.
Who founded Teampay?
Teampay was founded by Andrew Hoag.
Who are Teampay's investors?
Teampay's investors include Crosscut Ventures, Evolution VC Partners, R136 Ventures, Rising Tide, Sand Hill Angels, Trestle Partners, CrossCut, Fin Venture Capital.
How much funding has Teampay raised?
Teampay has disclosed $5M raised across 1 of its 3 known rounds.
Where is Teampay headquartered?
Teampay is headquartered in California, US.