Total raised
$47.2M
Last: Series A 2023-01
Stage
Series A
Founded
2018
Headcount
47
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech
About
PayEm is a global procurement and spend management platform that automates finance processes from request to reconciliation. By reducing friction and tedious tasks for finance teams, the company's clients can increase productivity, reduce risk, and lower operating costs to contribute to business growth.
Funding history · 6 rounds · $47.2M total
2023-01
Series A
$20.0M
2023-01
Debt Financing
Undisclosed
2022-03
SAFE
Undisclosed
2021-09
Series A
$20.0M
2021-08
Seed
$7.0M
2019-06
Pre-Seed
$230K
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is PayEm's primary business activity?
- PayEm operates as a global procurement and spend management platform, automating finance processes from request to reconciliation.
- When was PayEm founded?
- PayEm was founded in July 2018.
- What was PayEm's most recent funding round?
- In January 2023, PayEm completed a Series A funding round, raising $20,000,000. Lead investors included Mitsubishi UFJ Capital and Collaborative Fund. For a full financing history, please refer to startupim.
- How much total funding has PayEm raised to date?
- PayEm has raised a total of $47,230,000 USD across all funding rounds.
- Where are PayEm's main offices located?
- PayEm's headquarters are in Tel Aviv-Yafo, Israel, with an additional office in New York, USA.
- How many employees does PayEm currently have?
- PayEm currently has 47 employees.
- What was a significant operational development for PayEm in early 2022?
- In February 2022, PayEm announced plans to open a branch in Sderot, Israel, and was recruiting 25 new employees for roles in Israel and the USA.
- What was a key business achievement reported by PayEm in January 2025?
- In January 2025, PayEm reported a record-high quarter, attributing the performance to new product launches and strategic partnerships.
- When did PayEm emerge from stealth mode?
- PayEm emerged from stealth mode in September 2021, announcing $27 million in funding.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechPersonal Finance Management
Technologies
Platforms & InterfacesMobileWeb
Target customers
Enterprise & Professional ServicesSMBs & SMEs
Business model
B2B
Highlights
Verified
Tags
enterprise-solutionsmobile-applicationsenterprisesfintechpaymentsweb-platformcredit-cardsautomation