Jump to section
To make it easy for big companies to buy from small businesses.
Paid provides an elegant software solution to the problem of buying and supplying between large and small businesses.
Large companies can spend a lot of time and incur substantial costs from the process of onboarding new service providers. Because of this, small businesses often find that they're not paid on time. These pains have been exacerbated by the recent past. Since the start of 2020, 97% of business have experienced some form of supply chain disruption.
As a result, Paid have developed a powerful API which makes invoicing much more intuitive and user-friendly both for buyers and suppliers. The system is comprehensive and forward-thinking, ensuring levels of transparency that wouldn't otherwise be possible when payment processes are lost in an accounts department of a corporation.
Paid was founded as part of the 2019 Barclays Techstars accelerator, and recently secured a strong £2.2m seed round, led by Crane and containing a strong set of Angel investors, including Tessian founder Tim Sadler.
Kirsty
Company Specialist at Welcome to the Jungle
Nov 2020
$2.9m
SEED
This company has top investors
Tom Howsam
(Founder)Experienced Tech leader, with stints as CTO at Clicksco and VP Engineering at Graphic.ly. Founded Paid as part of the Techstars accelerator in 2019.
Natasha Foster
(COO)Oxford Law graduate with extensive experience in business consulting, with a stint at WickerWood.
All
My opinions are valued (2)
Hard working team (1)
Open and honest communication (1)
Flexible working (1)
Team energy (1)
Innovative product (1)
Inspiring mission (1)
Strong leadership (1)
At Paid, our founders have worked hard to create a great culture which empowers anyone in the team to ask always questions or bring ideas to the table no matter what their level or role within the team. It is really refreshing and always affirming when your opinion or idea gets taken on board and implemented.
Operations & Strategy
My opinions are valued
Jan 2023
The flexible working available at Paid is great - they totally understand that everyone has a life outside of work, and you can do what you need to around your working hours for the day. I really like exercising in the gym when it is slightly quieter, so being able to start my day earlier or finish later lets me have a work life balance, easily and stress free!
Operations & Strategy
Flexible working
Jan 2023
Tom and Natasha, our founders, are some of the most hardworking people and dedicated leaders I’ve ever had the pleasure of working with. As part of my role, I get to work super closely with both of them, which is a great experience. We as a team trust them fully to steer the business forward and you can feel that embedded in our culture.
Operations & Strategy
Strong leadership
Jan 2023
At Paid we are all working towards the same goal. Taking the ideas of our Co Founders and making them a reality. We can all see the value we are adding to Paid, which keeps us motivated, engaged and driven. It is refreshing to be part of a team where everyone shares a similar work ethic and drive.
Product
Hard working team
Jan 2023
Our Co Founders, together with our incredible Ops Lead has built communication into the fabric of the company culture. Regular touch points, honest 'in the moment' feedback and quarterly in person meet ups. I have never worked for a company where communication, and relationship is so nurtured and valued. Despite being a remote company, I would say this is the most connected I have felt in a team.
Product
Open and honest communication
Jan 2023
Paid was born out of someones real life experience, wanting to create a solution. Paid transforms the procure-to-pay process for buyers and their small suppliers, making it easier and faster for them to do business together. Bringing change to an industry is exciting.
Product
Innovative product
Jan 2023
The team dynamic at Paid ensures that everyone's contributions are heard and considered. This applies to many aspects, ranging from the direction we take a particular product feature, to the types of activities we arrange for our quarterly meet ups.
Product
My opinions are valued
Jan 2023
Paid's mission to create equal opportunities for businesses of all sizes is what really had me hooked. Being able to give innovative purchasing experiences to large enterprises, whilst helping to strengthen relationships and provide new business for suppliers is incredibly rewarding.
Product
Inspiring mission
Jan 2023
You can feel the passion when the team comes together to explore a new challenge. Everyone brings their individual expertise to solve a problem together, ensuring we explore the space fully and deliver the most value. The energy doesn't end on release day either, we're always talking about the incremental gains we can make to improve our customer's experience.
Product
Team energy
Jan 2023