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PayIt

PayIt

Private
Kansas City, MissouriEnterprise Softwarehttps://payitgov.com/

Last Round

Growth Equity

Aug 4, 2022

Total Funding Raised

$194.5M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

PayIt is a SaaS company that provides a digital government services and payments platform for state and local government agencies.

Sector

Enterprise Software

Verticals

Vertical SaaS, Digital Payments, Digital Wallets, Document Management, Workflow Automation

Business Model

B2G

Customer Profile

Payment Processing Fee, Government Contracts, Subscription SaaS

AI Layer

Application

Keywords

govtechdigital governmentgovernment paymentscitizen engagementSaaSdigital walletB2Gworkflow automationpayment processinggovernment softwareutility billingdocument managementidentity verificationconvenience feecivic tech

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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PayIt Comparables

Compare PayIt with similar companies based on industry and business-model similarity.

PayIt comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
InvoiceCloud
76%
Tyler Technologies Inc
74%
Edmunds GovTech
74%

PayIt Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquityAug 4, 2022
VC RoundMay 31, 2019
Private EquityMar 28, 2019
VC RoundJul 10, 2018
Series AJan 19, 2016

Key People

Founding team and executive leadership

Michael Plunkett

Co-Founder And Chief Development Officer

Founding Team

John Thomson

Founder CEO

Founding Team

Richard Garbi

Chief Technology Officer

Executive Team

Steve Kovzan

Chief Financial Officer

Executive Team

PayIt Investors

Notable investors and investment history

PayIt investors
InvestorRounds
Weatherford CapitalPrivate Equity, Growth Equity, Series A, VC Round
KCRise FundVC Round
Advantage CapitalSeries A
Missouri Technology CorporationVC Round, Series A
Five Elms CapitalSeries A
Royal Street VenturesVC Round, Series A
Insight PartnersGrowth Equity, Private Equity

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 7, 2026

    Partnered with Rockland County Clerk's Office to expand digital services.

  • Mar 11, 2026

    Included in GovTech 100 list annually since 2017.

PayIt Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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PayIt Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about PayIt's valuation, stock price, and market status.

Firmographic Details

HeadquartersKansas City, Missouri
Employee Range210
Year Founded2013
Last FundingAug 4, 2022

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