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$962.18M Raised in 77 Funding Rounds in the past 7 Days - View All

Funding Round Profile

PayShepherd

start up
Canada - Calgary, Alberta
  • 07/03/2024
  • Seed
  • $5,178,089

Contractor relationships are at the heart of industrial success. Yet, a lack of data surrounding on-site work execution has left people exposed.

PayShepherd gives you an unprecedented level of operational visibility into your contracted workforce across 6 strategic areas: cost, compliance, safety, communication, process, and ESG.


Related People

Wesley SessenweinFounder

Wesley Sessenwein Canada - Calgary, Alberta

I realized a long time ago that I’m obsessed with growing business, everything that comes with it: people, relationships, product building, this is what I love.

As CEO at PayShepherd, I live that out every day. We’ve designed, built and deployed a game-changing product that’s transforming heavy industry for large facilities and assets where nearly half the workforce are vendor services.

Most tech innovation built for this industry lacks a field-level understanding of what the people using it actually deal with day-to-day. Not here at PayShepherd.

Over my career in construction, maintenance and heavy industry, I saw firsthand that business acumen as a vendor is extremely important and a huge driver in how much business they get.

But, so many of the admin items flowing between facilities or assets and vendors are in Excel with paper-based safety forms, quality forms, daily billing, invoices, you name it. It’s challenging.

We started PayShepherd to work with industrial clients and review their vendors’ invoicing, their processes and zoom into the pennies to understand how the client was spending money, including if and when they were overpaying.

Our software and the expert service surrounding it embodies our desire to help the people we have been in the past: heavy industry, client-side, boots on the ground, hardhat wearing people spending time supervising vendors on the job while bogged down in ineffective, massively time-draining admin work.

Since solving for this problem in a way that protects and builds stronger vendor relationships for our clients across Canada and the U.S., we’ve had incredible growth.

We have amazing customers who’ve leaned in along the way and really become partners in our success. And we’re proud partners in theirs.

For more information on how these partnerships work, or how we can work with you, visit our website: https://www.payshepherd.com/