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Product

Anxious about fronting money for that ski house rental without knowing who's really committed?

With PayByGroup, no single person is on the hook for vacation rentals, concert tickets, season tickets, and other group purchases.

We integrate directly with merchants as a checkout button and employ a Kickstarter model where a minimum number of people must buy in before payments go through.

We use machine learning to not just facilitate payments but proactively *encourage* them.

Founders
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  • Frank Langston
    Founder/President/COO at PayByGroup. 2x Entrepreneur.
  • Camilo Acosta
    Founder & CEO at PayByGroup, funded by 500 Startups, 2x entrepreneur, Princeton alum
  • Dan Oblinger
    Founder CTO PayByGroup, PhD from UIUC (specialization in Artificial Intelligence / Machine Learning)
Previous Investors
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  • Don Hutchison
    Marin Software Bd Member; Recurrent Energy Co-founder & COB; Work.com CEO; Excite@Home GM & SVP; bd member @ multiple public and private companies.
  • Dave McClure
    Founding Partner @ 500 Startups. Ex-PayPal, Facebook fbFund, Founders Fund, Mint.com. Geek, developer, entrepreneur, marketer. Investor in 250+ co's.
  • Paul Singh
    Partner at 500 Startups
  • Eric Schedeler
    Former Pres. Modavox Inc.now Augme Technologies Inc. Pioneered VoiceAmerica Network Pres. Scottsdale Technologies Pres Go-Video, Inc
Incubator
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  • 500 Startups
    Silicon Valley internet seed fund & accelerator. 500 team has worked @ PayPal, Google, AOL, Rackspace, Yahoo, YouTube, Mint.com, Facebook fbFund, Founders Fund.
Advisors
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  • Aaron Batalion
    CTO & Co-founder, LivingSocial. Husband, Father, Geek, Entrepreneur, Advisor.
  • Andrew Chen
    Startup guy and advisor on metrics/marketing. Occassional blogger. Previously EIR at Mohr Davidow Ventures, ran product at AudienceScience.
  • Peter Ashley
    Worked at PayPal for 5+ years. Raised >$25MM for startups and funds including Opinmind, BuildeRadius, Chirpme and 500Startups.
  • tristan walker
    business development at foursquare
  • Jeremy Johnson
    Co-founder and Chief Marketing Officer at 2tor, serial education entrepreneur, angel investor, and co-founder of Gen Y Capital Partners. Princeton dropout.
References
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  • Rob
    Rob
    VP @ Simplegeo