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FT Partners Advises Payzer on its $23,000,000 Series D Financing

Overview of Transaction

  • On June 23, 2021, Payzer announced that it had raised $23 million of capital in Series D financing
  • The investment was led by new investor Harbert Growth Partners. Existing and new investors including Grotech Ventures, Route 66 Ventures, Ferguson Ventures, IDEA Fund Partners, and Alerion Ventures also participated.
  • Headquartered in Charlotte, NC, Payzer provides cloud-based business and financial management software for HVAC, plumbing, electrical, roofing, and other specialty trade markets.
  • Payzer’s mobile-based, all-in-one solution automates workflows and optimizes performance across all aspects of a contractor’s business
  • Payzer continues to enhance advantages across its product platform, best-in-class customer experience, and go-to-market approach

Significance of Transaction

  • This commitment from new and existing investors recognizes Payzer’s strong momentum since its inception, and will be used to support the Company’s rapid and and sustained growth
  • Payzer will further accelerate development of its leading SaaS FinTech platform and expand its go-to-market reach across HVAC, plumbing, electrical, roofing, and other specialty trade markets

FT Partners' Role

  • FT Partners served as the exclusive financial and strategic advisor to Payzer
  • This transaction highlights FT Partners’ domain expertise in advising high-growth SaaS FinTech clients that offer software and integrated payments and financial services