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3 Latest Announced Rounds

$1,738.89M Raised in 75 Funding Rounds in the past 7 Days - View All

Funding Round Profile

SupportPay

start up
United States - Charlotte, NC
  • 18/12/2023
  • Seed
  • $3,100,000

First-ever automated child support payment platform for parents living apart.

We seek to revolutionize family financial management by creating simple yet effective software to help modern families. SupportPay assists single, divorced, separated or remarried parents in managing their child support payments and shared expenses.

In fact, globally there are over 298 million parents who are exchanging over $990 billion dollars every year in child support. In the US, there are over 55 million parents that live apart and 39 million of them exchange over $200 Billion every year. Up until now there has not been a standard process or system to enable parents to manage this emotional and conflict ridden process. Since child support is not just a single monthly payment but also a broad collection of shared expenses, parents must continually manage, communicate and negotiate over child related expenses. The entire process is complex, time consuming and very stressful. SupportPay seeks to eliminate child support conflict and enable collaboration with an easy to use online and mobile application, providing both parents transparency while saving time & money. Parents can now spend less time managing child support and expenses and more time focused on raising happy, healthy children.

For more information, please visit http://supportpay.com.


Related People

Sheri AtwoodFounder

Sheri Atwood United States - Charlotte, North Carolina

Passionate & Committed Executive |Energetic | Execution & Results Focused | Innovative | Seasoned Public Speaker | Entrepreneur | 2017 Top 100 Creative People in Business | #5 of 50 of women dominating Silicon Valley | Top 40 Under 40 Executive in Silicon Valley.

• Results driven collaborator, focused on executing outstanding results in strategy, differentiation, awareness, demand generation & sales enablement to drive revenue
• Led operations & strategic direction with full P&L responsibility across entire organization, from startups to $4.2B business
• Enthusiastic leader & spokesperson with a passion for winning. Featured in over 300 media outlets including CNBC, ABC, CBS, NBC, Forbes, NY Times, Fast Company, Entrepreneur, Bloomberg, Business Journal & Wall Street Journal
• Creative innovator with a reputation for solving major challenges while installing discipline, processes & methodology into organization
• Orchestrated complex, results-driven projects from inception through completion while enhancing key working relationships throughout the organization
• Effective negotiator, excellent decision-maker & collaborator with a positive record of achievement, strong history of success & exceptional conflict resolution skills
• Built strong & collaborative staff focused on hiring an inclusive & diverse team
• Served as customer evangelist ensuring customers, employees & partners have a voice
• Conceived & developed all aspects of marketing & demand generation including system implementation, messaging, content, media & presentations
• Highly technical individual with expert software / web development & salesforce certified
• Successfully raised $7.1M in funding from seed, angel and Tier 1 venture capital firms