News

Fueled by rapid customer adoption, Charlotte-based software company continues to expand.

CHARLOTTE, N.C. — Payzer, a fast growing mobile and cloud-based software provider, has closed a $23M Series D round of equity capital led by Harbert Growth Partners. Existing and new investors including Grotech Ventures, Route 66 Ventures, Ferguson Ventures, IDEA Fund Partners, and Alerion Ventures also participated.

Payzer intends to use the proceeds to increase its focus on delivering its market leading software product, Payzerware, for HVAC, plumbing, electric, roofing, and other specialty trade markets.

“Our contractors have come to rely on us for innovative management software, seamlessly integrated financial services, and friendly customer service. This additional funding allows us to continue our rapid growth,” said Joe Giordano, Co-Founder and Chief Executive Officer of Payzer.

“Payzer is transforming the trade industries by providing a stellar customer experience through its powerful, fully integrated cloud-mobile platform,” said Wayne Hunter, Managing Partner at Harbert Growth Partners.

“Payzer has demonstrated a track record of growth by focusing its product and people on solving problems for contractors in the massive service trade industry”, said Don Rainey, General Partner at Grotech Ventures, “which is why we continue to invest to help further their success.”

To read the full article, please click here.