SupportPay raises $4.1 mln Series A

Sacramento-based SupportPay, which provides an app to help manage child support payments and track related expenses, has raised $4.1 million in Series A funding. Fenway Summer Ventures led the round, which included participation from Moneta Ventures, Continental Advisors and previous investors. As part of the financing, Javier Saade, managing director at Fenway, and Paul Purcell, co-founder and partner at Continental Advisors, have joined the company board. The company, founded in 2011 and previously based in Santa Clara, California, has now raised more than $7 million in funding.

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