PayActiv

Milpitas, CA · Founded 2012 · Privately Held (backing)

Developer of a financial wellness platform designed to increase employee productivity and engagement by reducing financial stress. PayActiv is based in Milpitas, CA and was founded in 2012. It was valued at $345 million at its later-stage round in Mar 2025, the last priced event on record. It has raised $194 million across 1 recorded round; the latest was a $4.3 million seed round in Jun 2014.

PMV mark · valuation
$344.9M
Oct 2026
Priced at
its later-stage round
Mar 2025
Total raised
$194.1M
Last round
Seed Round
Jun 2014

PayActiv key facts

as of Oct 2026
  • Developer of a financial wellness platform designed to increase employee productivity and engagement by reducing financial stress.
  • PayActiv is valued at approximately $344.9M as of Oct 2026, set at its later-stage round, Mar 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $194.1M across 1 recorded rounds; the latest was Seed Round ($4.3M) in Jun 2014.
  • Notable investors include Plug and Play Tech Center, SoftBank Investment Advisers, Eldridge Industries, Acorn Pacific Ventures, SoftBank Capital — 9 tracked in total.
  • PayActiv has filed 1 Form D with the SEC, most recently Jun 2014 ($4.3M sold to 6 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$344.9M

Valued at $344.9M at its later-stage round, Mar 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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PayActiv funding rounds

1 rounds
Jun 2014Seed Round$4.3MSEC filing▮

PayActiv leadership

PayActiv valuation

PayActiv was valued at $345 million at its later-stage round in Mar 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has PayActiv raised?

PayActiv has raised $194 million in total; 1 of its rounds is on record. The largest on record was a $4.3 million seed round in Jun 2014.

PayActiv has filed 1 Form D with the SEC, most recently in Jun 2014 ($4.3 million sold to 6 investors).

PayActiv investors

9 investors are on record for PayActiv, including Plug and Play Tech Center, SoftBank Investment Advisers, Eldridge Industries and Acorn Pacific Ventures. The seed round in Jun 2014 drew 6 investors.

Who runs PayActiv

11 people are listed on the PayActiv team: 5 executives, 3 board members and 3 advisors and observers, including Ijaz Anwar (Co-Founder) and Safwan Shah (Co-Founder). 9 of them have a verified direct contact on file.

About PayActiv

Developer of a financial wellness platform designed to increase employee productivity and engagement by reducing financial stress. The company's tool offers flexibility to users by using wages to pay bills and make purchases and also provides a range of planning tools backed by artificial intelligence and machine learning to save, budget, and manage their money, enabling businesses to have tools to ease the financial stress of their employees and build a quality -performing workforce.

Sector
Information Technology
HQ
Milpitas, CA, United States
Founded
2012
Employees
200
Ownership
Privately Held (backing)

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