- Headquarters
- Oakland, California
- Employees
- 51–200
- Founded
- 2017
- Business Model
- B2G
- Website
- promise-pay.com
- Total Funding
- $48.9M
- Last Round
- $25.0M Series BFeb 2022
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 5 investors for this company. The full record is or through the API.
About
Promise modernizes government payments, helping public agencies recover more revenue while giving residents flexible, humane ways to pay overdue bills. Its relief and repayment programs typically launch within eight weeks, drive a 9x increase in applications through inclusive outreach, and see 90% of participants use the mobile-first, self-service portal — all backed by comprehensive audit trails for full compliance.
Summary
Promise is a Fintech company based in Oakland, United States, founded in 2017. It has raised $48.9M in total across 3 rounds, most recently a $25.0M Series B round in Feb 2022. Investors include First Round Capital, Y Combinator and Kapor Capital.
Tech & App Stack
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Funding History
Feb 2022
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Funding: Seed through Series B. Amounts, valuations, and investors where available.
Investors
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