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 Payable Inc. 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 |
|---|---|
| 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 |
|---|---|---|---|---|
| 2022 | Bootstrapped,Venture Backed | $350K | - | - |
Payable Inc. Employees & Team Size
Payable Inc. employs approximately 7 people as of 2026.
Payable Inc. has 7 total employees in different roles and functions and 1 sales reps that carry a quota. They have 18.2K customers that rely on the company's 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) |
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
See how Payable Inc. acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently 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.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .