SupportPay

SupportPay

Early Stage

Helping parents manage child support & share expenses.

Helping parents manage child support & share expenses.

Overview

Raised to Date: Raised: $12,667

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/03/2019

Close Date

09/03/2019

Min. Goal
$9,999
Max. Goal
$107,000
Min. Investment

$399

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.33

Pre-Money Valuation

$13,090,224

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

09/29/2019

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$138

# of Investors

24

Momentum
Not Funded
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Year Founded

2018

Industry

Financial & Insurance Products & Services

Tech Sector

Location

Sacramento, California

SupportPay, with a pre-money valuation of $13.09 million, is raising funds on StartEngine. SupportPay works towards simplifying the child support process by providing a common platform to both parents to manage all the child support, alimony, and child expenses. It tracks all the expenses, enables online payments, provides online dispute management, and keeps the parents equipped with the certified records. SupportPay was founded by Sheri Atwood and has raised more than $7 million in previous rounds of funding. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $107,000. SupportPay already has more than 23,000 customers with a month-over-month growth rate of 21% and has managed over $55 million in child support, alimony, and expenses.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
SupportPay-2, a Series of Jason’s Syndicate 07/25/2022 The Syndicate - $151,631 Equity - Common Funded RegD 506(b)
SupportPay 09/03/2019 StartEngine $13,090,224 $12,667 Equity - Common Not Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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SupportPay on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $13,090,224
Price per Share: $1.33

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