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Scale your business with backing from Priority Tech Ventures

Our mission is to accelerate early stage technology companies, where payments is an important part of the value chain, by providing technology, operations, sales and financial resources.
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How can we support?

We offer a variety of partnerships to help get you where you want to be.

Investment Partners

One of the things that sets Priority apart is that its investment team is led by entrepreneurs who have operated and led companies from their start-up roots, through their high growth cycle and to successful exists in the private and public markets. Simply put, we know the challenges of being a young entrepreneur led company and the dedication, focus and resources it takes to win.

Priority Finance Hybrid Fund

Priority offers debt financing options to its companies secured by recurring net revenue that can be used for acquisition financing and growth capital.

Growth Equity

Priority provides growth equity complemented by technology and operational resources, where necessary, to help early stage companies accelerate their growth.

Executive Leadership

Thomas Priore

FOUNDER

I founded Priority Tech Ventures because I truly believe that payments are the lifeblood of today’s global economy and I want to support those organizations that are building the future of payments and banking solutions. I continue to be excited by spotting and supporting startups. I work with our team and our companies on wide ranging topics that help push them from those early days into true payments visionaries.

My background is in fintech and businesses that smartly leverage data to shake up the payments and banking industries. But I’m always curious to learn about new sectors, connect the dots and try to figure out where things might be going. I believe there’s nothing more exciting than backing ambitious founders who build the payments businesses that will shape our future.

Mike Vollkommer

ADVISOR

I’m a dedicated resource our founders can call when they need help or advice on any business or finance matter.

After serving as Priority’s Chief Financial Officer from 2018 to 2022, I continue to serve as an Advisory Director. I have over 35 years of finance experience in diverse industries, am a Certified Public Accountant and have a Master’s Degree in Taxation.

Much of my corporate career has been in senior financial positions focused on creating shareholder value. The mid-cap public corporations where I have served as Chief Financial Officer were comprised of consolidated groups of decentralized businesses ranging in size of less than ten million dollars to several hundred million dollars in annual revenue. Each corporation embraced an entrepreneurial philosophy that permitted its businesses to be operated autonomously, with corporate governance oversight. In my role, I supported these businesses with financial advice and strategy, assisting them in maximizing profitability, cash flow, and value creation. Externally, I developed and maintained relationships with commercial and investment bankers, attorneys, auditors, tax advisors and investors to ensure these corporations and decentralized businesses had access to the capital and other resources needed to fulfill their goals and objectives.

It is this experience that I am thrilled to share in working with our founders.

Sean Kiewiet

STRATEGY

I head strategy for Priority Tech Ventures and am very passionate about the way payments and banking technology is shaping the future. I work on our prospect outreach ensuring we leverage the right resources so that we continue to identify, invest and support the most exciting companies out there.

I love the process of building something from nothing, which takes nothing short of excellence. It’s exciting to see hard work and game changing connections come together.

Ranjana Ram

OPERATIONS

I lead Operations for Priority Tech Ventures and have always worked at the intersection of finance and operations across my career.

I’ve always been fascinated by the power of technology and its role in making people’s lives easier, particularly in areas where access to resources and opportunities are limited. It’s a real privilege to work every day with extraordinary people from all walks of life who are involved in the building of payments and banking products which are tangibly changing the world for the better.

FOUNDER

Thomas Priore

LEADER

Mike Vollkommer

STRATEGY

Sean Kiewiet

OPERATIONS

Ranjana Ram

Executive Leadership

FOUNDER

Tom Priore

LEADER

Mike Vollkommer

STRATEGY

Sean Kiewiet

OPERATIONS

Ranjana Ram

CASE STUDIES

But don’t take it from us…

See how we’ve helped other great companies and platforms in the fintech space

“As a growing business facing challenges with capital and the resources needed to scale, we sought out the proven track record of success, the established resource infrastructure, and the tremendous experience and relationships of the Priority Tech Ventures team.”

– Dan Scanlan, Co-Founder

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“It was so easy to work with Tom and his team. They carved out a structure that provided capital and resources that worked for my needs and helped me get what I needed, and they moved at the right pace. I had the resources to provide a new payment gateway, meet technology needs, and enhance security by finding and repairing software vulnerabilities.”

– Drew Cohn, Founder

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“When we partnered with Priority, we gained access to their ecosystem. Having a shared vision with our investors allowed us more time and resources in the market. This allowed us to grow, build, and scale the business.”

– Jammil Handal, EVP of MX Build

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“Priority’s resources, operational infrastructure, payments capabilities, and technology knowledge allow entrepreneurs and investors in those early stages of business development to concentrate on their products and sales strategies. The Priority team is great to work with. ”

– Copley Broer,
Co-Founder & Managing Partner of Sunriver Venture Partners

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“Working with the Priority Tech Ventures team has been critical to our successful business launch. Their deep experience, strategic insight, and business development reach were instrumental in supporting the creation of this unique product and taking it to market.”

– James Mrowka, Chief Operating Officer

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“We are pleased to join Priority through acquisition and look forward to the continued development of Ovvi POS systems. We’ve closed the gap for merchants and ISOs, including making different integrations and banking solutions available, which we couldn’t have done alone.“

– Manan Mehta, CEO & Founder

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CONTACT

Let’s get to it

Give us a sense of what you’re trying to accomplish, and we’ll get the ball rolling on bringing your idea to life. We’re excited to work with you.

Thomas Priore

FOUNDER

I founded Priority Tech Ventures because I truly believe that payments are the lifeblood of today’s global economy and I want to support those organizations that are building the future of payments and banking solutions. I continue to be excited by spotting and supporting startups. I work with our team and our companies on wide ranging topics that help push them from those early days into true payments visionaries.

My background is in fintech and businesses that smartly leverage data to shake up the payments and banking industries. But I’m always curious to learn about new sectors, connect the dots and try to figure out where things might be going. I believe there’s nothing more exciting than backing ambitious founders who build the payments businesses that will shape our future.

Mike Vollkommer

LEADER

I’m a dedicated resource our founders can call when they need help or advice on any business or finance matter.

After serving as Priority’s Chief Financial Officer from 2018 to 2022, I continue to serve as an Advisory Director. I have over 35 years of finance experience in diverse industries, am a Certified Public Accountant and have a Master’s Degree in Taxation.

Much of my corporate career has been in senior financial positions focused on creating shareholder value. The mid-cap public corporations where I have served as Chief Financial Officer were comprised of consolidated groups of decentralized businesses ranging in size of less than ten million dollars to several hundred million dollars in annual revenue. Each corporation embraced an entrepreneurial philosophy that permitted its businesses to be operated autonomously, with corporate governance oversight. In my role, I supported these businesses with financial advice and strategy, assisting them in maximizing profitability, cash flow, and value creation. Externally, I developed and maintained relationships with commercial and investment bankers, attorneys, auditors, tax advisors and investors to ensure these corporations and decentralized businesses had access to the capital and other resources needed to fulfill their goals and objectives.

It is this experience that I am thrilled to share in working with our founders.

Sean Kiewiet

STRATEGY

I head strategy for Priority Tech Ventures and am very passionate about the way payments and banking technology is shaping the future. I work on our prospect outreach ensuring we leverage the right resources so that we continue to identify, invest and support the most exciting companies out there.

I love the process of building something from nothing, which takes nothing short of excellence. It’s exciting to see hard work and game changing connections come together.

Ranjana Ram

OPERATIONS

I lead Operations for Priority Tech Ventures and have always worked at the intersection of finance and operations across my career.

I’ve always been fascinated by the power of technology and its role in making people’s lives easier, particularly in areas where access to resources and opportunities are limited. It’s a real privilege to work every day with extraordinary people from all walks of life who are involved in the building of payments and banking products which are tangibly changing the world for the better.

Name: Dan Scanlan, Co-Founder of Wave 

Industry Served: Charity, Foundations

Offering: Social Impact and Community Engagement Solutions 

Founded: 2019

Status: Active 

With Wave, sports teams, athletes, and celebrities can have a greater social impact by connecting with families, communities, and their fans. Measurement, tracking, and enhanced community outreach are made possible with Wave tools for engagement and digitally collecting, storing, and accounting for funds, grants, and taxes. 

The platform combines these capabilities into one user interface to manage content and support fundraising, charitable giving, and sponsorship initiatives. This is so athletes, teams, donors, and partners can see the social impact of their work while maintaining community connections. 

Dan Scanlan co-founded Wave with his nephew, Casey O’Brien, a six-time cancer survivor. Priority Tech Ventures partnered with Wave in 2022 to advance its business strategy and concept through technology, resources, and capital investments. 

“A long history of trust and admiration for Thomas “Tom” Priore and his leadership team led us to work together. As a growing business facing challenges with capital and the resources needed to scale, we sought out the proven track record of success, the established resource infrastructure, and the tremendous experience and relationships of the Priority Tech Ventures team. 

Having access to the acumen of the team helped us navigate many common start-up challenges and provided us with operational support on everything from technology to marketing that you’d come to expect from a larger company. Payments and technology are the backbone of Wave. Priority’s expertise in these areas made it a great fit to build our relationship. By working with Priority, we have infused a new level of sophistication and the marriage of community and commerce into this social platform to help sports teams, athletes, and others reach their communities, youth organizations, and charities.”

Name: Drew Cohn, Founder of Property Rev / Priority Property Rev, Founding Principal  

Industry Served: Property Management 

Offering: Property Operations, Online Payments, Resident Portals/ Leasing Portals, and Screening 

Founded: 2004

Status: Active 

Property Rev’s services and technology help property management companies interact with tenants and future residents more effectively. Property Rev provides online rent payments for convenience, resident/leasing portals, resident screening, and compliant electronic application processes. Rent payment status is immediately updated through the online payments portal, allowing accurate account reporting. With integrations for commonly used systems and software, property management companies can provide the best service to residents while reducing operational challenges and costs.

“It was a smooth process working with Priority Tech Ventures. We started working on a few projects together and the partnership grew from there to support my business and my growth. It was so easy to work with Tom and his team. They carved out a structure that provided capital and resources that worked for my needs and helped me get what I needed, and they moved at the right pace. 

I had the resources to provide a new payment gateway, meet technology needs, and enhance security by finding and repairing software vulnerabilities. Getting guidance was easy, and the team made me feel like I was their only partner.

This has continued to scale the solutions offered to property management company clients and help me monetize in ways more than competitors had traditionally done in the marketplace.”

Name: Jammil Handal, EVP of MX Build   

Industry: Construction 

Offering: Construction Payments and Expense Management 

Founded: 2020

Status: Acquisition 

Theo Build, was acquired by Priority in 2021, and is now MX Build. MX Build empowers builders, contractors, and construction pros in their businesses by helping them streamline construction processes like payments and expense management. With accessible technologies that improve accounting, lien waivers, payments, and back-office services, MX Build helps businesses manage expenses and process payments efficiently. Integrated into the MX suite of Priority offerings, this service provides real-time visibility into construction project spend, as well as payment tracking and expense reporting. 

“We started working with Priority Tech Ventures in 2021 through our already established relationship using Priority’s technology to enable our payment and banking as a service offerings. Payments are a capital-intensive endeavor where the required infrastructure including security compliance, legal licenses, and insurance can be prohibitively expensive to acquire on your own, especially for a startup. When we partnered with Priority, we gained access to their ecosystem. Having a shared vision with our investors allowed us more time and resources in the market. This allowed us to grow, build, and scale the business. 

With Priority, we now have the right capital and runway, the combined expertise in payments and construction, and the human and technology components needed to take MX Build to the next level and build things right for our clients and partners. We are disrupting and reimagining old construction processes and replacing them with better, more advanced processes and solutions.”   


Name: Copley Broer, (currently) Co-Founder & Managing Partner of Sunriver Venture Partners, (formerly) President of Priority Real Estate Technology, LLC (owner of RentPayment)
Industry Served: Property Management
Offering: Property Management Operations, Online Payments & Resident Screening
Acquired: 2019
Exited: 2020
Status: Complete

In 2020, Global real estate software solutions leader, MRI Software, completed the acquisition of Priority’s RentPayment business, which included RentPayment.com, StorageRentPayment.com, and DuesPayment.com. Priority now provides payment infrastructure services and processing for MRI’s new platform. The RentPayment platform has been successful in the U.S. multi-family, single-family, storage, and HOA markets and benefits MRI Living clients in a variety of housing sectors. Priority is focusing its resources to drive the adoption of MRI’s payment offering in the U.S. and worldwide.

“We began working with Priority in 2017 on several partnerships and in 2019 on RentPayment. RentPayment had a complex payment structure, common in property management and rent payment collection. In addition to accepting credit cards, Priority enabled RentPayment to accept debit, ACH, and other payment methods, as well as execute complex disbursements to property management companies. By simplifying our payment infrastructure, Priority allowed us to focus on other parts of our business. We also leveraged Priority to onshore our customer support to their team in Alpharetta which enabled us to provide improved customer support at a lower cost.

Today as a part of MRI, RentPayment still has close ties to Priority through its payment processing and payments infrastructure. I see our relationship with PTV as a success as it allowed us to focus on the parts of our business that touch the customer and ultimately grow and sell a successful venture. Priority’s resources, operational infrastructure, payments capabilities, and technology knowledge allow entrepreneurs and investors in those early stages of business development to concentrate on their products and sales strategies. The Priority team is great to work with.”

Name: James Mrowka, Chief Operating Officer

Industry: Healthcare Payments, Individual Health Coverage Reimbursement Arrangement (ICHRA) Payments, & PayFac 

Offering: Third-Party Administrator Solutions (TPA) & Payments-as-a Service (PaaS)  

Founded: 2023

Status: Active 

Priority Ambient TPA Solutions became a division of Priority in March 2023. Priority Ambient is a PaaS business providing TPAs, employee benefits consultants, insurance brokers, and employers with a platform for executing insurance and medical expense payments efficiently, cost-effectively, and at scale. It focuses on providing collection, management, and distribution of payments for health, dental, life, disability, and P&C insurance premiums for ICHRAs and the payment facilitator (PayFac) services markets.

Testimonial: “Working with the Priority Tech Ventures team has been critical to our successful business launch. Their deep experience, strategic insight, and business development reach were instrumental in supporting the creation of this unique product and taking it to market. When we established this division as a TPA, it was out of a need and growing demand from customers and the marketplace to support employers and businesses with ICHRA and healthcare payments solutions.”

Name: Manan Mehta, CEO & Founder

Industry: Restaurant, Retail, Salon 

Offering: POS (Point-of-Sale) Software and Hardware Systems

Founded: March 2020

Status: Completed 

Ovvi is a leading developer of innovative technology for the restaurant, retail, and salon industries. Ovvi specializes in complete all-in-one POS software and hardware systems to meet the needs of businesses in various categories, from fine dining to convenience stores and grocers. Ovvi’s POS system works with the Priority MXM Merchant suite of services and solutions. Priority Technology Holdings acquired Ovvi, LLC in November 2022.

“We started working with Priority in 2021 as part of a nationwide strategic partnership where Priority was a large reseller of Ovvi POS systems. The technology, features, and payments infrastructure motivated us to work with Priority. I was impressed with the Priority and Priority Tech Ventures teams and their receptiveness to working with us and supporting our company.

We are pleased to join Priority through acquisition and look forward to the continued development of Ovvi POS systems. We’ve closed the gap for merchants and ISOs, including making different integrations and banking solutions available, which we couldn’t have done alone. The offerings we plan to roll out for the Ovvi POS with the MXM gateway and Passport will complete the circle of a unified commerce solution.”