What is Payra?
Payra addresses a critical pain point for construction material suppliers and distributors by automating the complex and often manual process of matching incoming payments to invoices and updating account balances in real-time. The platform's integration with leading construction-oriented ERP systems ensures a unified experience for finance teams, minimizing disruption to existing workflows. By accelerating the order-to-cash cycle and reducing days sales outstanding, Payra empowers construction suppliers to free up working capital and enhance operational efficiency.
How much funding has Payra raised?
Payra has raised a total of $15M across 1 funding round:
Private Equity
$15M
Private Equity (2026): $15M with participation from Edison Venture Fund
Key Investors in Payra
Edison Venture Fund
Edison Venture Fund is a growth equity firm that partners with companies during critical growth phases, offering capital and operational expertise. Their Edison Edge platform provides tailored plans to accelerate business scaling.
What's next for Payra?
The substantial enterprise-level funding secured by Payra signals a strong market validation and positions the company for accelerated growth and market expansion. This strategic investment is expected to fuel further development of its automation capabilities, enhance its integration partnerships, and broaden its reach within the construction supply chain sector. Payra is poised to further solidify its position as a key enabler of financial efficiency for construction suppliers, driving digital transformation in a traditionally paper-intensive industry.
See full Payra company page
