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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.
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 | Source |
|---|---|---|---|---|---|
| 2022 | Bootstrapped,Venture Backed | $350K | - | - |
CEO
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
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Payable Inc. serves 18.2K customers.
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.
Payable Inc. generates an estimated $1.2M in annual revenue.
Payable Inc. was founded by Ryan May.
The CEO of Payable Inc. is Ryan May.
Payable Inc. raised $350K across 1 round.
Payable Inc. has 7 employees.
Payable Inc. is headquartered in Toronto, Ontario, Canada.
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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2024 Revenue
$1.2M(Est.)
Customers
18.2K
Funding
$350K
Avg ACV
$64
Team
7
Founded
2020
| Year | Milestone | Source |
|---|---|---|
| 2024 | Payable Inc. Hit $1.2m revenue in October 2024 | Estimated |
| 2023 | Payable Inc. Hit $1m revenue in November 2023 | Estimated |
| 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 |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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