Payra, a Nashville, TN–based AI-enabled accounts receivable and B2B payments platform for construction and industrial businesses, has secured $15 million in growth equity funding.
Investors
The round was led by Edison Partners, a growth equity firm that provides the financial and intellectual capital CEOs and their executive teams need to grow and scale their companies. The firm targets high-growth vertical SaaS, financial technology, healthcare IT, and marketplace companies located outside Silicon Valley with $15 million to $50 million in revenue. Investments also include buyouts, recapitalizations, spinouts, and secondary stock purchases. Founded in 1986, Edison Partners manages $2.2 billion in assets.
Payra Use of Funds
The funds will expand product capabilities, deepen ERP integrations, and scale go-to-market efforts across construction and industrial verticals.
About Payra
Payra is a B2B fintech company that automates accounts receivable and cash application processes for construction suppliers. It helps construction and building supplier companies modernize cash collection without replacing the existing ERP systems at the center of their operations. Headquartered in Nashville, Tennessee, the company serves construction suppliers, concrete producers, lumber yards, HVAC distributors, and other industrial businesses.
Funding Details
Company: Payra
Raised: $15.0M
Round: Growth Equity
Funding Date: February 2026
Lead Investor: Edison Partners
Additional Investors:
Company Website: https://www.payra.com/
Software Category: Fintech / B2B Payments & Accounts Receivable Automation
Source: https://www.businesswire.com/news/home/20260218544563/en/