Promise
PrivateLast Round
Series B
Feb 24, 2022
Est. Valuation
$520M
Total Funding Raised
$45.24M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Promise is a fintech and govtech company that provides a payment platform designed to streamline government debt management through flexible, humane payment solutions for utilities and government agencies.
Sector
FinTech
Verticals
Digital Payments, Vertical SaaS, Lending & Credit
Business Model
B2G
Customer Profile
Government Contracts, Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Promise Comparables
Compare Promise with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| PayIt | 77% | |
| eCivis | 74% | |
| Catalis | 71% | |
Promise Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Feb 24, 2022 | ||||
| Series A | Feb 18, 2021 | ||||
| Accelerator | Mar 20, 2018 | ||||
| Accelerator | Jan 1, 2018 |
Key People
Founding team and executive leadership
Promise Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Backstage Capital | Series A |
| XYZ Venture Capital | Series B, Series A |
| Rocnation | Accelerator |
| Global Village | Series A |
| Gaingels | Series A |
| The General Partnership | Series B |
| Village Global | Accelerator |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 1, 2026
State of Florida selected as partner for water assistance funds.
- Mar 1, 2026
Partnered with the State of Virginia for water assistance funds.
Promise Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Promise's valuation, stock price, and market status.