Top 4 SaaS Companies in Scotts Valley, United States, November 2026

Scotts Valley, California, United States

Paystand is a B2B payment network based in Scotts Valley, California, that sells accounts receivable, expense management and international payments software for a flat monthly rate instead of per-transaction fees. Jeremy Almond, its CEO, and Scott Campbell co-founded it in 2013 and took it out of beta in April 2014 with a $1 million seed round. Almond put its total funding at $85 million after a $50 million Series C led by NewView Capital in July 2021, and Paystand has since bought Mexico's Yaydoo (2022), the spend-management company Teampay (2024) and the cross-border payouts company Bitwage (2025). Talking to Latka in 2018, Almond said Paystand had raised about $12 million and had about 50,000 businesses on its network, counting both the businesses paying and those being paid. He said its average customer paid about $1,500 a month, that it grew nearly four times the year before and would probably grow three and a half times that year, and that it had 30 people.