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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

Company Overview

PayIt operates in Enterprise Software and is based in Kansas City, Missouri. Its latest recorded funding round was a Growth Equity round in August 2022.

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, Workflow Automation, Compliance

Business Model

B2G

Customer Profile

Payment Processing Fee, Government Contracts, Subscription SaaS

AI Layer

Application

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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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%
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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
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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

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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
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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.

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Recent news

Latest coverage and updates

  • recognized_asSep 15, 2026

    The Center for Digital Government and the Center for Digital Education name PayIt, LLC a 2026 Amazon Web Services (AWS) Champion through the annual AWS Champions Awards for using cloud computing to modernize service delivery, streamline revenue collection, and improve the resident experience in Missouri on Sep 15th '26.

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PayIt Filings

Explore SEC and related filing metadata, where available.

PayIt filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is PayIt a public or private company?

PayIt is a private company.

What is the current stock price of PayIt?

PayIt is a private company, so its shares have no public market price. Caplight tracks PayIt's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is PayIt worth (valuation)?

Valuation information for PayIt is not publicly available.

Can I buy PayIt stock?

PayIt shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was PayIt's last funding round?

PayIt's most recent funding round was Growth Equity on August 4, 2022.

Who are the main investors in PayIt?

Key investors in PayIt include Weatherford Capital, KCRise Fund, Advantage Capital, Missouri Technology Corporation, Royal Street Ventures.

Will PayIt IPO soon?

No public IPO plans have been announced for PayIt.

How can I track PayIt secondary market activity?

Caplight tracks bids, offers, and trades in PayIt's shares on secondary markets.

Firmographic Details

HeadquartersKansas City, Missouri
Employee Range203
Year Founded2013
Last FundingAug 4, 2022

Institutional Data Access

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