Payzer
Founded Year
2012Stage
Acquired | AcquiredTotal Raised
$37.88MValuation
$0000Revenue
$0000About Payzer
Payzer provides heating, ventilation, and air conditioning (HVAC) and plumbing contractors with a platform to grow and manage payments of businesses. The company provides the tools that contractors need to offer a full range of payment and financing options for customers and employees. It was founded in 2012 and is based in Charlotte, North Carolina. In October 2023, Payzer was acquired by WEX at a valuation between $250M and $261M.
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Research containing Payzer
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Payzer in 1 CB Insights research brief, most recently on Jan 18, 2024.
Jan 18, 2024 report
State of Fintech 2023 ReportExpert Collections containing Payzer
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Payzer is included in 3 Expert Collections, including Digital Lending.
Digital Lending
2,374 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Payments
3,123 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
9,450 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Payzer News
Mar 7, 2025
American Express says it expects the deal to close in the second quarter.
Payzer Frequently Asked Questions (FAQ)
When was Payzer founded?
Payzer was founded in 2012.
Where is Payzer's headquarters?
Payzer's headquarters is located at 8000 Corporate Center Drive, Suite 206, Charlotte.
What is Payzer's latest funding round?
Payzer's latest funding round is Acquired.
How much did Payzer raise?
Payzer raised a total of $37.88M.
Who are the investors of Payzer?
Investors of Payzer include WEX, Grotech Ventures, Route 66 Ventures, IDEA Fund Partners, Harbert Growth Partners and 9 more.
Who are Payzer's competitors?
Competitors of Payzer include Payapps and 4 more.
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Compare Payzer to Competitors
Struxtion operates as a financial technology company. The company offers a secure financial services platform to increase the speed, transparency, and security of payments and working capital loans in commercial construction. The platform is primarily used by general contractors, owners, developers, specialty contractors, and lenders in the commercial construction industry. It is based in Cincinnati, Ohio.
Xpede provides construction software solutions. It offers a software-as-a-service (SaaS) platform that helps manage construction payments, facilitates the generation and distribution of documentation, and enables instant transfers to all parties involved. The company primarily serves the construction industry, project owners, and head contractors. Xpede was founded in 2022 and is based in Sydney, Australia.
PledgX is a technology company operating in the construction industry. The company offers a platform that facilitates efficient selection of contractors and subcontractors, and ensures successful completion of work. It primarily serves general contractors, subcontractors, project owners, property managers, lenders, and surety agents in the construction industry. It was founded in 2020 and is based in Toronto, Ontario.
CoFi offers construction finance within the financial technology sector. Its main offerings include a construction loan marketplace and a digital lending platform designed to streamline the financing process for builders and lenders. It primarily serves the construction industry, providing solutions that facilitate timely payments to subcontractors and suppliers, enhancing cash flow and operational efficiency. It was founded in 2018 and is based in Pleasant Grove, Utah.
BuildPay is a company focused on construction financial technology within the payment processing sector. It offers a platform that enables insurance companies to streamline the construction payment process, ensuring rapid payments to construction and material providers directly from insurance payment accounts. BuildPay's technology also provides transparency and efficiency to the construction supply chain, aiming to reduce building time and save money. It was founded in 2015 and is based in Troy, New York.
Siteline provides construction billing software for trade contractors, focusing on financial processes within the construction industry. The company offers tools for managing payment applications, lien waivers, vendor documentation, and accounts receivable reporting. Siteline's solutions are intended for roles within the construction finance ecosystem. It was founded in 2019 and is based in San Francisco, California.
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