FundedIQ
Education

pay theory: Funding, Investors & Team (Sep 2026)

Pay Theory is a payments platform for Family Tech SaaS vendors to education, healthcare, childcare and children's activities service providers. By creating simple, beautiful and impactful financial solutions, we ensure families are able to maintain access to their most important service providers while allowing SaaS vendors a unique avenue to a new revenue stream. Pay Theory brings families and vital service providers together at the payment.

www.paytheory.com LinkedIn Cincinnati, United States 11-50 employees
Child Care EdTech Education Finance Financial Services FinTech SaaS Underserved Children
Total raised
$2.0M
Rounds
1
Latest
Seed
Feb 2022

pay theory has raised $2.0M across 1 funding round on record, the most recent a Seed of $2.0M announced in Feb 2022.

That round is above the $1.5M median round size for Education companies tracked on FundedIQ over the last two years.

pay theory Company Profile and Key Stats

Total funding raised
$2.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$2.0M in Feb 2022
Employees
11-50
reported band
Headquarters
Cincinnati, United States

Latest funding round on record: Feb 2022.

pay theory Funding Rounds

Date
Round
Amount
Seed
$2.0M

pay theory Founders and Leadership Team

Name
Role
Contact
Brad Hoeweler
CEO
Locked

Contact details for the pay theory team: 1 of 1 has an email address on file.

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pay theory Funding Compared to Other Education Startups

Segment
Companies
Median round
1,474
$1.5M
29,722
$7.5M
16,485
$3.1M

pay theory's latest round of $2.0M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like pay theory in Education and Cincinnati

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pay theory Funding FAQs

What does pay theory do?

Pay Theory is a payments platform for Family Tech SaaS vendors to education, healthcare, childcare and children's activities service providers. By creating simple, beautiful and impactful financial solutions, we ensure families are able to maintain access to their most important service providers while allowing SaaS vendors a unique avenue to a new revenue stream. Pay Theory brings families and vital service providers together at the payment.

How much funding has pay theory raised?

pay theory has raised $2.0M across 1 round on record. The most recent is a Seed of $2.0M announced in Feb 2022.

When did pay theory last raise funding?

pay theory's most recent funding round on record is a Seed of $2.0M, announced in Feb 2022.

Who is the CEO of pay theory?

Brad Hoeweler is listed as CEO at pay theory.

Where is pay theory headquartered?

pay theory is based in Cincinnati, Ohio, United States.

How many employees does pay theory have?

pay theory is in the 11-50 employee band.

How does pay theory's funding compare to other Education startups?

pay theory's latest round of $2.0M is above the $1.5M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.

About FundedIQ's pay theory 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 pay theory is left off this page rather than filled in.

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