Gravity Payments

Gravity Payments is a Seattle-based payment processing company that serves as the parent company from which Confido Legal spun out.

Facts

HQ
Seattle, Washington, USA
Sectors
Payments, Financial services, Fintech
Type
Corporation Seattle business license
Registered name
Gravity Payments Inc Seattle business license

Dan Price

In 2015, Dan Price, the CEO of Gravity Payments, announced that he would take over a $1 million pay cut and raise the minimum wage for everyone at his company to $70,000. Now five years later, he joins us to discuss cutting his salary again, this time to $0, to keep his company and employees afloat during the COVID-19 crisis. He shares details from their brainstorming session during this difficult time, and the way the Gravity Payments team has come together will truly wow you. Dan also reflects on the publicity he received after his big announcement, the lawsuit that…

SBA data: Seattle startups Rover, ExtraHop, Porch, Promethean and Logic20/20 each received $5–$10M in PPP loans

The SBA released Paycheck Protection Program data showing several Seattle-area tech startups received $5–$10 million PPP loans to help during COVID-19; recipients include Rover, ExtraHop, Porch, Promethean and Logic20/20. The program has seen controversy over eligibility and forgiveness guidance, and some venture-backed startups declined loans on ethical grounds.

People

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