Fundraising Fox

Payzer

Charlotte, US · Founded 2014 · Delaware corporation · 7 known investors

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.

Founders & leadership

Payzer was founded in 2014 by Joe Giordano.

JGJoe Giordano
Joe GiordanoinFounder
DL
Douglas LittleNamed on SEC filing
JA
Joseph A GiordanoNamed on SEC filing
TM
Thomas McCulleyNamed on SEC filing
ME
Mark E McDowellNamed on SEC filing
TM
THomas McCulleyNamed on SEC filing
MM
Mark McDowellNamed on SEC filing

Board

BBBenjamin Britt
Benjamin BrittinBoard directorManaging Partner at Route 66 Ventures
DRDon Rainey
Don Raineyin𝕏Board directorGeneral Partner at Grotech Ventures

Investors · 7

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.

Competitors · 4

by search overlap

Companies competing with Payzer for the same Google search keywords, organic and paid, via search-intersection analysis.

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, Elevate Innovation Partners, Gray Ventures, Grotech Ventures, IDEA Fund Partners, Route 66 Ventures, Charlotte Fund.
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.