Your Source for Venture Capital and Private Equity Financings

SupportPay Inks $3.1M Oversubscribed Seed

2023-12-14
CHARLOTTE, NC, SupportPay today announced an oversubscribed seed round of $3.1 million.
SupportPay, the leading platform for divorced, single, step, co-parents, and caregivers to easily manage and exchange child support, shared expenses, payments, communications, custody and schedules today announced an oversubscribed seed round of $3.1M. Led by HearstLabs, the round also included funding from Michigan Capital Network, Victorium Capital, Rendar Capital, Connetic Ventures and Stage Next Ventures. Purpose-built with employers and employees in mind, SupportPay started as the first consumer product to help manage the time-consuming, conflict-ridden and stressful process of managing child support and sharing expenses and custody between single, divorced, step, pet and co-parents.

Founded by a divorced working mom to simplify her life, SupportPay has emerged as the leading platform for divorced, single, step, co-parents, and caregivers to easily manage and exchange shared expenses, child support, custody and communications. In addition to saving time and money for more than 75,000 consumers worldwide, SupportPay is the first app of its kind to also be offered as an employee benefit in the workplace for global brands like Hearst and others. Through a simple and secure web and mobile interface, users can view, pay, and document every bill and shared expense, as well as communicate and manage custody and schedules while delivering a certified record for compliance, court, and tax purposes.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors