Payzer
Latest round
- Series D
Last raised
- Jun 2021
Total raised
- $37M
Investors
- 7
About Payzer
Payzer, LLC is dedicated to offering software solutions that streamline operations for contractors in the HVAC and plumbing sectors. In this recent transaction, Wex, Inc.Payzer offers a comprehensive suite of software solutions tailored specifically for the HVAC and plumbing industries, including tools for back office management, field operations, client experience enhancement, and insights management. Their core product is designed to streamline daily operations for contractors, enabling them to manage scheduling, invoicing, and customer relationship management seamlessly. Payzer’s platform serves a diverse client base of over 35,000 contractors, ranging from small businesses to larger firms, all of whom rely on their software to enhance operational efficiency and improve service delivery.Payzer generates revenue through subscription-based models that provide tiered access to its software solutions, catering to various contractor needs. Clients typically engage with the company through direct subscriptions, allowing them to choose plans based on the scale and complexity of their operations. For example, contractors may opt for packages that include essential features for field operations and client management, investing in tools that facilitate efficient invoicing and payment collections. The pricing structure is designed to accommodate businesses of different sizes, ensuring that even smaller contractors can access critical functionality without prohibitive costs.Following the recent acquisition by Wex, Inc. on October 25, 2023, Payzer plans to leverage its new parent company's extensive product offerings to create cross-selling opportunities. This acquisition is expected to be completed by the end of 2023 and will support upcoming product developments aimed at enhancing their existing software solutions. The company is also considering expansion into new geographic markets to enhance its reach in the HVAC and plumbing sectors. will play a significant role in facilitating these growth initiatives.
Who invested in Payzer
7 investors across 4 rounds
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Questions about Payzer
Who invested in Payzer?
Payzer has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Payzer raised?
Payzer has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Payzer last raise money?
Payzer's most recent round on record is a Series D, in Jun 2021.
What does Payzer do?
Payzer, LLC is dedicated to offering software solutions that streamline operations for contractors in the HVAC and plumbing sectors.
Where is Payzer headquartered?
Payzer is headquartered in Charlotte, US.
Which VCs invest in companies like Payzer?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Payzer's stage. Their profiles are linked below.
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