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Piryx, Inc.

Piryx

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Company Contact
In The News

Conference: DEMOfall 09
Market Segment: Small Business Software and Services
Funding Amount: N/A
Funding Round: Seed
Funding Details: Seeking series A.
Competitors: PayPal
Product Description: Piryx is the premier social commerce platform, offering people a single technological environment where candidates, political action committees, nonprofits, small businesses, local governments, donors, voters, buyers, and sellers can collaborate and conduct branded commerce online. Additional third-party apps are available for purchase through our marketplace, and layered on top of the Piryx payment processing system, allowing for complete integration across the social Web.
Market Opportunity: According to data from Forrester and industry leader PayPal, the value of domestic online transactions processed by retailers, small businesses, nonprofits and political campaigns will exceed $400 billion by 2011. According to eMarketer, more than 80% of these organizations will have less than $1 million in annual revenue.
DEMO Says: Election cycles always remind us of the power of the Internet as a channel for grassroots fundraising. That power is being tapped not just for national political campaigns, but also for local causes, political and otherwise -- often, though, without the capable e-commerce tools that are available to businesses of all sizes. The Piryx platform brings smart payment processing technology to the $300+ billion non-profit sector. The Piryx platform brings a new level of credibility and confidence to this highly transactional. but often overlooked, sector of the e-Commerce market.

Contact: Tom Serres; tom.serres@piryx.com
Company Address: 401 W. 15th St., Suite 520
Austin, TX 78701
Primary Phone: 888-648-2220
URL: www.piryx.com
Officer One: Tom Serres - CEO & Founder
Officer Two: Naveed Lalani - President & Creative Director
Officer Three: Brian Upton - CTO
Officer Four: Jonas Lamis - COO