Promise Stock

PromisePay provides a modern payment processing platform built for utilities and government agencies.

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About Promise Stock

Promise simplifies government debt and helps people pay their bills. We partner with utilities and government agencies to offer a variety of convenient and flexible payment options, including zero-interest installment plans and relief distribution. We use sophisticated outreach methods that make it easy for customers to sign up and manage their plans. Ultimately, our technology maximizes government revenue while helping customers pay off debt sooner and with fewer penalties. Promise is a team of technology experts from companies like Palantir, Stripe, Uber and Google and leaders from the public sector. We are backed by a diverse group of venture capital firms like Kapor Capital, Y Combinator, First Round and RocNation.

Funding History

January 2018$120K
March 2018$3.0M
February 2021$20.0M
February 2022$25.0M

Management

Co-founder

Diana Frappier

Co-founder & CEO

Phaedra Ellis-Lamkins

Product and Data Stuff

Daniel Mintz

Head of Business Development

Alex Bores

Head of Utilities

Juliet Ellis

Product Development and Research

Michael Jacobs

Board Member

Mitchell Kapor

Government Relations

Nora Campos

Press

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