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PayMyBills.com
PayMyBillscom empowers them to manage all aspects of bill paying in the simplest and easiest way
About PayMyBills.com
Founded in 1999, PayMyBills.com emerged during the early era of internet-based financial services, positioning itself as a provider of online bill management for individuals. The company was established in Pasadena, CA by Tom Fitzgerald.
The firm secured initial funding with a $250K Angel investment in June 1999, followed by a Series B round of $4.5 million in July of the same year. A subsequent Series C round occurred in February 2000, bringing the total funding raised to $34.8 million from investors including Clearstone Venture Partners, E*TRADE Venture Capital, FTV Capital, Fuse Capital, and Idealab. The business operated by providing a password-protected online platform where users could view, manage, and issue payment instructions for their bills. This service aimed to centralize and streamline personal bill payments, offering features like reminders and notifications.
In a strategic move to broaden its service offerings, PayMyBills.com acquired the person-to-person payment site PayMe.com in April 2000. This acquisition integrated a system for sending and receiving payments via email and accepting credit cards online, complementing the core bill management service. The company's trajectory culminated in its acquisition by Paytrust on August 22, 2000, marking its exit as a formerly venture-backed entity. Following the acquisition, PayMyBills.com ceased to operate as an independent company and is now considered deadpooled.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2000 | $0 | — | Paytrust | — |
| LATE VC✓Equity / VC | Feb 2000 | $30M | $120M | FTV Capital · Idealab · ComVentures | — |
Growth signals
Latest recorded traffic for PayMyBills.com is 5K monthly website visits, up 108.3% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
FTV Capital
Idealab- COComVentures
Other known investors1 additional known investor
Paytrust
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about PayMyBills.com on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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