SupportPay provides a platform that makes it easier to track and even automate child support payments each month. Through their platform, parents can share expenses such as medical, child care, education, or extracurricular activities, speeding up the process of accounting for financial spending counter to the base amount owed each month. SupportPay, which touts nearly 40,000 parents and growing, is secure, private, and provides transparency on where money is being spent for the children by storing and sharing receipts. The company will use the new capital to expand its team and scale their marketing initiatives. The company is also led by CEO and founder Sheri Atwood who was named one of our 50 women in tech dominating Silicon Valley list from 2015. To date, SupportPay has raised $7 million in outside funding since their launch in 2014.
