Startup profile · funding coverage
Paymerang funding, valuation and investors
Accounts payable automation — invoices, payments, receivables — acquired by Corpay.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Not publicly disclosed
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
acquired · Richmond, VA
Overview
Paymerang provides invoice, payment, and receivable automation for enterprises across many verticals. Founded 2010; HQ 7401 Beaufont Springs Drive, Richmond, VA. Acquired by Corpay in May 2024 (CB Insights / local coverage); company indicated continued Richmond presence while integrating.
Why Paymerang is interesting
Richmond fintech exit: acquired by Corpay (May 2024); CEO committed to keep Richmond roots post-deal.
Product & use cases
Finance automation suite for AP/AR and payments.
- Enterprise invoice automation
- Supplier payment automation
- Receivables automation
Key facts
- Acquired by Corpay (May 2024)
- HQ: 7401 Beaufont Springs Drive, Richmond, VA
- AP automation: invoices, payments, receivables
- Founded 2010
Funding history (newest first)
Competitive landscape
Edge: Verticalized AP automation now backed by Corpay’s payments distribution.
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Bill.com direct
AP/AR automation.
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AvidXchange direct
B2B payments/AP.
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Tipalti direct
Global payables.
Industries
FAQs about Paymerang
Practical answers founders, operators, and investors typically search for.
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