Funding

pmtbox Raises $15M in Seed Funding Led by Tandem Ventures

May 1, 2026 | By Startuprise io

pmtbox, an Orem, UT-based provider of an enterprise commerce platform (ECP) built to unify payments, risk, and data for merchants, has raised $15 million in a Seed funding round led by Tandem Ventures, with participation from Element Ventures, Cynosure Investment Partners, and Aaron Skonnard.

The company plans to use the funds to grow its operations and continue developing its products.

For years, merchants have had to use many disconnected tools and systems with no single source of control. This makes operations more expensive, harder to manage, and limits how they use their data. pmtbox was built to fix this by bringing everything together and giving merchants control back.

In addition to expanding its platform, pmtbox will use the funding to grow its engineering, risk, and enterprise teams and speed up its go-to-market efforts in complex commerce sectors. The company has also added Alex Bean to its board and Nick Thomas, founder of Finicity, as an independent director, bringing experienced fintech leaders to support its next phase of growth.

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"Commerce has advanced, but the infrastructure behind it is still fragmented, expensive and misaligned with the needs of merchants," said Wayne Hamilton, CEO and Co Founder of pmtbox. "The industry built around point solutions that solve individual problems, but collectively they created complexity, siloed data and a lack of accountability. We believe merchants should own their data and fully understand their economics. pmtbox unifies payments, risk, and data into a single commerce layer, giving operators the control and leverage they've been missing."

"In building Divvy, I have seen first-hand the fragmentation and inefficiency of the underlying financial infrastructure that supports commerce," said Alex Bean, Founding Partner at Tandem. "What I believe is unique at pmtbox is the team's deep operator DNA – decades of experience across payments, risk, and scaling commerce businesses. They are not just attacking a surface-level problem; they are rebuilding a critical layer of the commerce infrastructure that mirrors how businesses are run today."

About pmtbox

Founded in 2022 by Wayne H. and Taylor Bradshaw, pmtbox is a unified commerce platform that gives merchants more control over their data. It brings payments, risk insights and transaction data into one system, replacing fragmented tools and providing full visibility into business performance. Built to empower merchants rather than create dependency pmtbox serves around 1300 customers across complex commerce industries.

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