Sheri Atwood Biography

In 2011, divorced parent Sheri Atwood, then a Symantec executive, was filling out an expense report and wondered whether a comparable system could make her life easier. To gather beginning cash, she quit her job and sold her house. SupportPay, which Atwood introduced in 2013, is a web-based service that allows parents to track expenditures, transfer payments to one another, and prevent disagreements by making the entire process public. A shared record of receipts is very valuable for ensuring that money is going where it is meant to go. SupportPay currently has 42,000 users and received $4.1 million in Series A investment in December of last year. The ultimate objective, according to Atwood, is to keep both parents participating while removing the child from the middle.

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