Paway
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
Paway was a Los Angeles pet-tech startup founded in 2020 by Jason Meltzer, the founding CEO of dog-walking marketplace Wag. It built an app-based all-in-one pet care ecosystem: a social network connecting dog owners with each other and with local pet care professionals, plus software for professionals to market services, manage schedules and share progress reports, free for pet parents and subscription-priced for pros.
02 / Paway FAILURE REASONS
Failure factors supported by the current evidence
The available record points to undercapitalization: Paway raised a total of about $625,000, and its 2022 StartEngine crowdfunding round drew only about $9,700 against a $1 million target before being withdrawn. No reported closure statement explains the shutdown beyond the company being listed as no longer operating, so operating causes beyond the funding shortfall are not documented.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Jason Meltzer, formerly of Wag, starts Paway in Los Angeles and launches the app in the App Store that August as a connected pet care network.
- Funding round
Paway runs a StartEngine crowdfunding round and raises a round of about $600,000 in October 2022, but the public Reg CF offering draws only about $9,700 against its $1 million target and is withdrawn.
- Operations ended
Paway is listed as shut down with its last tracked funding round in October 2022; no formal closure statement was found.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Pet care super app from the founding CEO of Wag
- 02
Free for pet parents; subscription software for pros
- 03
2022 crowdfund raises $9.7K of a $1M target, withdrawn
- 04
Undercapitalized; company listed as shut down