Payzer was founded by Joe Giordano in 2014.

Who are Payzer's investors?

Payzer's investors include Alerion Ventures, Alumni Ventures, Charlotte Fund, Elevate Innovation Partners, Gray Ventures, Grotech Ventures, IDEA Fund Partners, Route 66 Ventures and 2 more.

How much funding has Payzer raised?

Payzer has disclosed $31.2M raised across 3 rounds.

Where is Payzer headquartered?

Payzer is headquartered in Charlotte, US.

Payzer

Charlotte, US · Founded 2014 · Delaware corporation · 10 known investors

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Payzer builds an all-in-one software platform for trade contractors covering payments, financing, and business operations from initial customer contact through final payment. The company was acquired by WEX Inc. in late 2023 and its product is combined with WEX FSM.

Construction Tech Enterprise Software Fintech SaaS

Founders & leadership

Payzer was founded in 2014 by Joe Giordano.

Joe Giordano FounderJoe Giordano was founder and CEO of Payzer, which provided operating software and payments solutions for trade contractors, until its acquisition by WEX Inc. in 2023. He previously spent over 25 years in payments and retail roles at ExxonMobil and Bank of America, and founded Speedpass, an early contactless payments application that reached millions of users across North America and Asia.

Douglas LittleNamed on SEC filing

Thomas McCulleyNamed on SEC filing

Mark E McDowell Named on SEC filingGeneral Partner at Charlotte Fund

Board

Benjamin Britt Board directorManaging Partner at Route 66 Ventures

Don Rainey Board directorGeneral Partner at Grotech Ventures

Investors · 10

Alerion Ventureslisted by Alerion VenturesCharleston

How we know: Alerion Ventures's portfolio page · Not right? Tell us

Alumni Ventureslisted by Alumni VenturesManchester · $100K – $10M

How we know: av.vc · Not right? Tell us

Charlotte Fundlisted by Charlotte FundCharlotte

How we know: Charlotte Fund's portfolio page · board seat on SEC Form D · Not right? Tell us

Elevate Innovation Partnerslisted by Elevate Innovation PartnersNew Yorkvia Shreyas Chityala · inferred

How we know: Elevate Innovation Partners's portfolio page · Not right? Tell us

Gray Ventureslisted by Gray VenturesAtlanta

How we know: Gray Ventures's portfolio page · Not right? Tell us

Grotech Ventureslisted by Grotech VenturesOwings Mills · $500K – $5M

How we know: Grotech Ventures's portfolio page · a partner's Signal profile · funding news · wexfsm.com · Not right? Tell us

IDEA Fund Partnerslisted by IDEA Fund PartnersChapel Hill · $250K – $500K

How we know: IDEA Fund Partners's portfolio page · funding news · wexfsm.com · open dataset · 5k.vc investor directory · Not right? Tell us

Route 66 Ventureslisted by Route 66 VenturesAlexandria · $500K – $4M

How we know: Route 66 Ventures's portfolio page · funding news · wexfsm.com · open dataset · 5k.vc investor directory · Not right? Tell us

Ferguson Venturesreported

How we know: funding news · Not right? Tell us

Harbert Growth PartnersreportedBirmingham · $5M – $10M

How we know: funding news · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$31.2M disclosed across 3 rounds · 2014–2021

▶$19.5MraisedJun 2021 · 10 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Benjamin BrittDirector
Joseph A. GiordanoExecutive Officer, Director
Mark E. McDowellDirector
Wayne HunterDirector
Don RaineyDirector

Offering amount: $19.5M
Amount sold: $19.5M
First sale: Jun 2021
Incorporated: Corporation, Delaware
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$7.7MraisedJun 2018 · 7 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Douglas LittleExecutive Officer
Joseph A GiordanoExecutive Officer, Director
Thomas McCulleyDirector
Benjamin BrittDirector
Don RaineyDirector
Mark E McDowellDirector

Offering amount: $8.2M
Amount sold: $7.7M
Proceeds to insiders: $500K
First sale: Sep 2016
Incorporated: Corporation, Delaware, 2014
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$4MraisedNov 2014 · 3 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

THomas McCulleyDirector
Joseph A GiordanoExecutive Officer, Director
Benjamin BrittDirector
Douglas LittleExecutive Officer
Don RaineyDirector
Mark McDowellDirector

Offering amount: $4M
Amount sold: $4M
Minimum investment: $25K
Sales commissions: $307K
Placement agents: Dragonfly Capital Partners, LLC
First sale: Nov 2014
Incorporated: Corporation, Delaware, 2014
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 6

PayzerwarePayzerware (now part of WEX FSM) offers an all-in-one field service management software for trade contractors, covering job and crew management, cash flow, payment collection, and customer financing. It serves contractors managing operations from the first customer call through final payment.

moelisMastercard operates a global payments network that processes transactions between cardholders, merchants, financial institutions, and other participants, while also offering additional payment products and services subject to extensive regulatory oversight across multiple jurisdictions.

JetloreJetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw. Founded by Stanford researchers, it raised from Sierra Ventures, Alsop Louie Partners, Fenox Venture Capital, BRM Capital and Mercury Fund, and PayPal acquired it in 2018.

Capital OneCapital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses. The company provides digital banking tools, rewards programs, and credit monitoring services.

WEXWEX provides business payment solutions, including corporate payments, mobility/fleet payments, and employee benefits offerings. It serves businesses globally across payments and mobility sectors.

FiservFiserv provides omnichannel commerce, billing, payments, and digital banking solutions for merchants, financial institutions, governments, and technology providers worldwide. The company serves large enterprises, small businesses, banks, credit unions, fintechs, and public sector organizations with integrated platforms and payment connectivity.

Companies working in the same space as Payzer.

Frequently asked questions

What does Payzer do?: Payzer builds an all-in-one software platform for trade contractors covering payments, financing, and business operations from initial customer contact through final payment. The company was acquired by WEX Inc. in late 2023 and its product is combined with WEX FSM.
Who founded Payzer?: Payzer was founded by Joe Giordano in 2014.
Who are Payzer's investors?: Payzer's investors include Alerion Ventures, Alumni Ventures, Charlotte Fund, Elevate Innovation Partners, Gray Ventures, Grotech Ventures, IDEA Fund Partners, Route 66 Ventures and 2 more.
How much funding has Payzer raised?: Payzer has disclosed $31.2M raised across 3 rounds.
Where is Payzer headquartered?: Payzer is headquartered in Charlotte, US.