Startup profile · funding coverage
Payzer funding, valuation and investors
Field-service payments and business-management software for HVAC, plumbing, and trade contractors.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series D
$23M · June 2021
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$23M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
Stage not recorded · Charlotte, NC
Investors in latest funding
Lead: Harbert Growth Partners
Latest tracked event: Acquisition (October 2023). It is shown separately because it is not counted as disclosed equity funding.
Overview
Payzer (now WEX Field Service Management) built cloud software for HVAC, plumbing, and field-service contractors — mobile payments, customer financing, scheduling, and invoicing. Founded in Charlotte in 2012 by Joe Giordano and Doug Little, the company raised venture capital from Route 66 Ventures, Grotech, and Harbert Growth Partners before WEX completed its acquisition in October 2023.
Why Payzer is interesting
Charlotte's clearest recent fintech exit: WEX acquired Payzer for roughly $250M (Oct–Nov 2023) after the company scaled payments, financing, and ops software for ~150,000 trade contractors from Charlotte roots.
Product & use cases
All-in-one field-service platform: mobile payments, instant customer financing, scheduling, dispatch, and invoicing for HVAC/plumbing contractors.
- On-site card and check payments for contractors
- Instant consumer financing at point of sale
- Field crew scheduling and dispatch
Key facts
- Acquired by WEX (Oct 2023) for ~$250M — Charlotte Inno / Business NC
- Charlotte-founded payments + field-service software for trade contractors
- Pre-exit venture funding ~$47M reported (CB Insights)
Funding history (newest first)
Acquisition
2023-10 ~$250M- WEX (lead)
Source: https://www.businesswire.com/news/home/20231102161723/en/WEX-Completes-Acquisition-of-Payzer
Series D
2021-06 $23M- Harbert Growth Partners (lead)
Source: https://www.cbinsights.com/company/just-push-pay-holdings
Competitive landscape
Edge: Trade-vertical payments + ops stack versus generic SMB invoicing tools.
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover Payzer's financing or category context.
FAQs about Payzer
Practical answers founders, operators, and investors typically search for.
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