Payfirmarevenue, acquisition & funding
Other Analytics SoftwareVancouver, British Columbia, CanadaFounded 2010
Payfirma was acquired by Merrco Payments.
Payfirma is an Other Analytics Software company based in Vancouver, founded in 2010.
Payfirma revenue
Payfirma's annual revenue was $1.2M in April 2021, its last figure before Merrco Payments bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $1.2M | – |
– source not recorded
Who owns Payfirma
Merrco Payments owns Payfirma. The date and price of the deal are not on record.
Payfirma funding rounds & investors
Payfirma has raised $22.3M across eight rounds since 2011. The latest was a $13M Series A in May 2015.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| May 2015 | Series A | $13M | $50M |
| Nov 2014 | Convertible Note | $2.1M | $34.6M |
| Nov 2014 | Venture | $1.2M | – |
| 2014 | Convertible Note | $1.5M | – |
| May 2013 | Angel | $2.5M | $48.4M |
| Mar 2012 | Angel | $823.2K | $20.3M |
| Jun 2011 | Angel | $823.2K | – |
| 2011 | Seed | $411.6K | – |
| Total raised | $22.3M |
Payfirma CEO, founders & employees
Michael Gokturk founded Payfirma in 2010 and led it as CEO. Payfirma had 14 employees (April 2021).
- Michael GokturkFounder & CEO
Team mix (Apr 2021): 4 engineers, 3 in sales
Payfirma FAQ
What was Payfirma's revenue?
Before Merrco Payments bought it, Payfirma's annual revenue was $1.2M in April 2021 (source not recorded).
Who owns Payfirma?
Merrco Payments owns Payfirma.
How much funding has Payfirma raised?
Payfirma raised $22.3M across eight funding rounds before Merrco Payments bought it. The last was a $13M Series A in May 2015.
How many employees does Payfirma have?
Payfirma had 14 employees in April 2021.
Who founded Payfirma?
Michael Gokturk founded Payfirma in 2010.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Feb 7, 2022Data disclaimerReport a correctionClaim this profileRun Payfirma? Join the podcast