2024 Revenue
$1.2M
Customers
18.2K
Funding
$350K
YOY
14.4%
Avg ACV
$64
Team
7
Founded
2020
How Payable Inc. CEO Ryan May grew to $1.2M revenue and 18.2K customers in 2024.
Our easy to use, high quality apps, add-ons, and plugins help you get paid quickly and easily. We simplify all the effort involved with accepting, collecting, and reporting electronic payments across multiple payment platforms.
Last updated
Payable Inc. Revenue
In 2024, Payable Inc.'s revenue reached $1.2M. The company previously reported $1M in 2023. Since its launch in 2020, Payable Inc. has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Payable Inc. Hit $1.2m revenue in October 2024 | |
| 2023 | Payable Inc. Hit $1m revenue in November 2023 | |
| 2022 | Payable Inc. Hit $480k revenue in November 2022 | |
| 2022 | Payable Inc. Hit $480k revenue in February 2022 | |
| 2021 | Payable Inc. Hit $116k revenue in December 2021 | |
| 2021 | Payable Inc. Hit $116k revenue in November 2021 | |
| 2020 | Launched with $0 revenue |
Payable Inc. Valuation, Funding Rounds
Payable Inc. has not publicly disclosed its valuation. The company has raised $350K in total funding to date.
Payable Inc. has raised $350K in total funding across 1 round, most recently a $350K Bootstrapped,Venture Backed round in 2022.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Bootstrapped,Venture Backed | $350K | - | - |
Founder / CEO
Ryan May
I am a self motivated individual who loves technology, design, problem solving, and managing teams. My passion is interpreting customer needs and finding simple solutions to complex problems
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Payable Inc. serves 18.2K customers.
Payable Inc. Employees & Team Size
Payable Inc. employs approximately 7 people as of 2026, including 1 sales reps that carry a quota. It serves 18.2K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 7 employees (October 2024) |
| 2023 | Reached 7 employees (November 2023) |
| 2022 | Reached 4 employees (November 2022) |
| 2022 | Reached 4 employees (February 2022) |
| 2021 | Reached 3 employees (November 2021) |
Frequently Asked Questions about Payable Inc.
What is Payable Inc.'s revenue?
Payable Inc. generates $1.2M in revenue.
Who founded Payable Inc.?
Payable Inc. was founded by Ryan May.
Who is the CEO of Payable Inc.?
The CEO of Payable Inc. is Ryan May.
How much funding does Payable Inc. have?
Payable Inc. raised $350K.
How many employees does Payable Inc. have?
Payable Inc. has 7 employees.
Where is Payable Inc. headquarters?
Payable Inc. is headquartered in Toronto, Ontario, Canada.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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