Startup profile for Payzer: what they do, why they are interesting, stage (See coverage), industries, and links to our funding articles. Part of the Venture Capital Tracker startup directory.
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Payzer startup funding profile

Field-service payments and business-management software for HVAC, plumbing, and trade contractors.

Stage

See coverage

Status

acquired

Coverage

full

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)

Fundraising history

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

Fintech Enterprise SaaS

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.

WEX acquired Payzer in October 2023 for approximately $250M; the product continues under WEX Field Service Management branding.
Charlotte, North Carolina.
It is one of the largest homegrown Charlotte software exits — payments and field-service fintech sold to a public acquirer.
Payments, financing, scheduling, and business-management software for HVAC, plumbing, and trade contractors.
No — acquired by WEX (NYSE: WEX) in 2023.
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Last updated: 2026-07-29