Gravity Payments

Gravity provides payment and credit card processing services for industries including financial institutions, non-profits, retail and health care services. Read more

723 Followers on Owler
723 Followers on Owler
723 Followers on Owler
723 Followers on Owler

Gravity Payments

Gravity provides payment and credit card processing services for industries including financial institutions, non-profits, retail and health care services. Read more

Dan Price's photo - Founder & CEO of Gravity Payments

Founder & CEO

Dan Price

CEO Approval Rating

84/100

Founded:

2004

Status:

PrivateIndependent Company

GRAVITY PAYMENTS TOP COMPETITORS OR ALTERNATIVES

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Elavon is the biggest rival of Gravity Payments. Elavon is headquartered in Atlanta, Georgia, and was founded in 1991. Like Gravity Payments, Elavon also operates in the Internet Software space. Elavon generates 366% the revenue of Gravity Payments.

Moneris is Gravity Payments's #2 competitor. Moneris is a Private company that was founded in Toronto, Ontario in 2000. Like Gravity Payments, Moneris also works within the Internet Software sector. Moneris has 1,690 more employees vs. Gravity Payments.

BillingTree has been one of Gravity Payments's top competitors. BillingTree's headquarters is in Scottsdale, Arizona, and was founded in 2003. BillingTree operates in the Fintech industry. BillingTree generates 23% of Gravity Payments's revenue.

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Competitor - 1/1

Is Alpine Payments a competitor of Gravity Payments?

Gravity Payments Acquisitions

No recent acquisitions found related to Gravity Payments

Gravity Payments Funding History

Since Gravity Payments was founded in 2004, it has participated in 1 round of funding. In total Gravity Payments has raised $2.0M. Gravity Payments' funding round was on Apr 2020 for a total of $2.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$2M - $5M

U.S. Small Business Administration.

Since Gravity Payments was founded in 2004, it has participated in 1 round of funding. In total Gravity Payments has raised $2.0M. Gravity Payments' funding round was on Apr 2020 for a total of $2.0M

Gravity Payments Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Joe Coffee is a mobile-based application that allows users to order coffee from local shops.
$500K
Feb 24, 2020
Equity
-

Gravity Payments News

April 7, 2020MarketWatch

How a $70K salary minimum is helping this company weather the coronavirus crisis

COVID-19 has already cost Gravity Payments half of its revenue. Here's how it's avoiding layoffs, wri... See more »
April 5, 2020The Washington Times

Company led by Idaho native avoids layoffs as revenue halved

BOISE, Idaho (AP) - Gravity Payments, the tech company founded by an Idahoan that gained worldwide at... See more »
March 31, 2020GeekWire

Gravity Payments employees volunteer to take pay cut as revenue drops 50% during COVID-19 crisis

When Dan Price announced his plan five years ago to raise the minimum wage at his company to $70,000,... See more »
March 16, 2020GeekWire

Gravity Payments tracks major decline in sales across numerous businesses amid coronavirus

The coronavirus outbreak is already taking a huge economic toll on businesses across the Seattle regi... See more »
February 25, 2020GeekWire

Gravity Payments invests $500K in Joe Coffee to help startup enhance service and take on Square

Dan Price, the high-profile co-founder and CEO of Seattle-based credit card processing and financial ... See more »
September 26, 2019Employee Benefits

Gravity Payments to extend $70,000 minimum wage to new staff

Seattle-based credit processing and financial services organisation Gravity Payments has announced th... See more »
September 25, 2019St Louis Post Dispatch

This CEO raised the minimum salary of his employees to $70k and now he's doing it again

A maverick CEO who slashed his own salary four years ago to raise his employees' pay is doing it agai... See more »

Gravity Payments Blogs

July 28, 2020Gravity Payments Blog

Clover Contactless Solutions for Your Restaurant

Since the outbreak of COVID-19, many businesses have been searching for ways to serve customers while... See more »
July 17, 2020Gravity Payments Blog

Food Delivery on Your Terms: Increase Customers and Save Money with a Delivery Option that Works for You

The need for delivery and takeout has increased dramatically since the outbreak of COVID-19. But sett... See more »
July 13, 2020Gravity Payments Blog

How to Understand Credit Card Pricing Structures

For many businesses, credit card processing fees account for their fourth largest expense (behind pay... See more »
July 13, 2020Gravity Payments Blog

What You Should Know About Surcharging

The process of surcharging allows you to pass on the cost of certain credit card fees to your custome... See more »
July 6, 2020Gravity Payments Blog

How to Read a Credit Card Statement

For many businesses, credit card processing represents their fourth biggest expense behind payroll, r... See more »
July 6, 2020Gravity Payments Blog

A Little Bit of Love

When two-year-old Jacob arrived at Little Bit Therapeutic Riding Center in 2017, he could not walk on... See more »
July 6, 2020Gravity Payments Blog

Rethinking Your Business Financials

In our market-driven capitalist society, business leaders are taught that, when it comes to financial... See more »

Gravity Payments Press Releases

September 22, 2015BUSINESS WIRE

Creditcall and Gravity Payments Deliver EMV SDKs to Speed up EMV Migration

NEW YORK--(BUSINESS WIRE)--Creditcall partners with Gravity Payments to simplify and speed up the EMV... See more »
August 1, 2014PRWEB

Gravity Payments Announces Giving Campaign With Regional Food Bank of Oklahoma

Gravity Payments, a company that providing Oklahoma community businesses the ability to accept credit... See more »

Gravity Payments Videos

Social Media

Gravity Payments Headquarters

5601 22nd Avenue NW Suite 200

Seattle, Washington98107

1-206-388-5900

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Gravity Payments Summary

ABOUT

Overview

Gravity provides payment and credit card processing services for industries including financial institutions, non-profits, retail and health care services. Gravity Payments was founded in 2004. Gravity Payments' headquarters is located in Seattle, Wa...

CEO

Gravity Payments's Founder & CEO, Dan Price, currently has an approval rating of 84%. Gravity Payments's primary competitors are Elavon, Moneris & BillingTree.

Website

gravitypayments.com

Frequently Asked Questions about Gravity Payments

  1. When was Gravity Payments founded?

    Gravity Payments was founded in 2004
  2. Who is Gravity Payments's CEO?

    Gravity Payments's CEO is Dan Price
  3. How much revenue does Gravity Payments generate?

    Gravity Payments generates $150M in revenue
  4. How much funding does Gravity Payments have?

    Gravity Payments has historically raised $2M in funding
  5. Where is Gravity Payments's headquarters?

    Gravity Payments's headquarters is in Seattle Washington, USA
  1. How many employees does Gravity Payments have?

    Gravity Payments has 210 employees
  2. What sector does Gravity Payments operate in?

    Gravity Payments is in Internet Software, Fintech
  3. Who are Gravity Payments's competitors?

    Gravity Payments's top competitors are Elavon, Moneris, BillingTree
  4. Who has Gravity Payments invested in?

    Gravity Payments's has invested in companies such as Joe, Coffee