PayRange was founded in 2013 by Paresh Patel to provide operators and consumers with the simplest, most accessible mobile payment solution possible. The company is distributing its product to operators nationwide via a mobile app for iPhone and Android users. The PayRange app enables consumers to make their transactions at unattended points of sale--vending machines, parking meters, transit-ticket kiosks and more--quicker and easier.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/13/14 | $2,750,000 |
Anil Aggarwal Barbara Corcoran Jared Leto Jonathan Weiner Nyca Partners Phil Nadel | undisclosed | |
| 06/25/15 | $12,000,000 | Series A |
Matrix Partners | undisclosed |
