Payzer, a fast growing mobile and cloud-based financial tool for specialty trade contractors, has closed a$4.25 million Series B round of equity capital. Funding was provided by Route 66 Ventures, Grotech Ventures, and IDEA Fund Partners. The company intends to use the proceeds to launch new products that will extend its FinTech leadership in HVAC, plumbing, electrical, solar, and other specialty trade markets.
“Our goal is to be the leading global financial technology investment firm,” saidBen Britt, General Partner at Route 66 Ventures. “Companies like Payzer have everything we’re looking for: a great suite of financial products, a terrific team and a large market opportunity.”