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ACQUIRED COMPANY
 
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WePay  Acquired by JPMorgan Chase (2017  amount undisclosed )

350 Convention Way, Suite 200
Redwood City, CA 94063
United States
6503816000
Website Company Summary Management Team
Management

President/COO/Operations: Richard Aberman (6/30/2008)
General Management: John Canfield (5/31/2013)
Finance: Steven D Pellizzer (4/30/2014)
Technology: Chris Conrad (9/30/2014)
Sales/Marketing: Tina Hsiao
General Counsel/Legal: Susan A Dunn
Board

Outside board: (May no longer be on the board) Chris Howard (Ignition Partners Partner) Peter Bell (Highland Capital Partners General Partner) Osama Bedier (Google Former Head of Google Wallet)
Advisory board: David Hornik (August Capital) Kyle Paice (HubSpot Product Manager)
Company

Business description: WePay makes it easy to collect and manage money online. WePay is the only service that allows users to keep their group’s money in a dedicated account and to share this account with their group. WePay is great for professional organizations, social clubs, sports teams, fantasy leagues, philanthropic fundraisers and groups of friends. Founded by Bill Clerico and Rich Aberman in 2008 and backed by August Capital, Highland Capital Partners and YCombinator, WePay is headquartered in Palo Alto, CA.
Capital

Rounds: 4
Capital raised: 74.15M
Last Round: 40.0M
Ownership: Acquired by JPMorgan Chase (2017  amount undisclosed )
VCs include: August Capital Highland Capital Partners Ignition PartnersFTV Capital Mixin Capital ;  Continental Investors;  WIN Investment Network;  Caffeinated Capital

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Overview
Record updated: Oct 2017
Sector: Internet
Year Founded: 2008
Headcount: 101-150 as of Aug 2010
Rounds: 4
Capital Raised: 74.15M
Last Round: 40.0M
Ownership: Acquired by JPMorgan Chase (2017  amount undisclosed )