Paid: Funding, Investors & Team (Sep 2026)
Paid is on a mission is to create equal opportunity for businesses of all sizes, all over the world. Large companies will gain agility and innovation capability while smaller companies will gain economic strength and access to wider business opportunities. Paid is a next-generation procurement automation platform, for both buyers and suppliers, that transforms the procure-to-pay process to make it easier and faster for everyone. We believe that business is about people, not process. Relationships will always matter most. We believe that software solutions should just work. The experience should be simple, purposeful and powerful. We believe that we can help smaller businesses thrive and the biggest businesses innovate and move quickly.
Paid has raised $2.9M across 1 funding round on record, the most recent an undisclosed round of $2.9M announced in Nov 2020.
That round is below the $6.0M median round size for Information Technology companies tracked on FundedIQ over the last two years.
Paid Company Profile and Key Stats
Latest funding round on record: Nov 2020.
Paid Funding Rounds
Paid Founders and Leadership Team
Contact details for the Paid team: 1 of 1 has an email address on file.
Start 14-day free trial →Paid Funding Compared to Other Information Technology Startups
Paid's latest round of $2.9M is below the median round in Information Technology. Medians cover the last 24 months of disclosed rounds.
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Paid Funding FAQs
What does Paid do?
Paid is on a mission is to create equal opportunity for businesses of all sizes, all over the world. Large companies will gain agility and innovation capability while smaller companies will gain economic strength and access to wider business opportunities. Paid is a next-generation procurement automation platform, for both buyers and suppliers, that transforms the procure-to-pay process to make it easier and faster for everyone. We believe that business is about people, not process. Relationships will always matter most. We believe that software solutions should just work. The experience should be simple, purposeful and powerful. We believe that we can help smaller businesses thrive and the biggest businesses innovate and move quickly.
How much funding has Paid raised?
Paid has raised $2.9M across 1 round on record. The most recent is an undisclosed round of $2.9M announced in Nov 2020.
When did Paid last raise funding?
Paid's most recent funding round on record is an undisclosed round of $2.9M, announced in Nov 2020.
Who is the CEO of Paid?
Tom Howsam is listed as CEO at Paid.
Where is Paid headquartered?
Paid is based in Darlington, Durham, United Kingdom.
How many employees does Paid have?
Paid is in the 11-50 employee band.
How does Paid's funding compare to other Information Technology startups?
Paid's latest round of $2.9M is below the $6.0M median round size for Information Technology companies on FundedIQ across 3,144 tracked companies over the last two years.
About FundedIQ's Paid Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Paid is left off this page rather than filled in.
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