Chargezoom, an Irvine, CA-based platform for billing and integrated payments, raised $10m in Series A funding.
The round was led by Panoramic Ventures with participation from existing investors SaaS Venture Capital and Stout Street Capital, as well as existing investor Okapi Venture Capital.
The company intends to use the funds to double down on product expansion and continue to hire talent with plans to double staff size by the end of 2022.
Led by Matt Dubois, CEO, Chargezoom provides businesses with payment tools by integrating with the accounting applications that they use on a daily basis. The company has integrations with the most common accounting platforms including QuickBooks Desktop, QuickBooks Online, FreshDesk, and Xero. Its tools allow businesses of all sizes to collect payments faster with full GAAP compliance, and eliminate manual accounting tasks.
Chargezoom has signed agreements with Fortune 500 payment service providers and entered partnerships with the majority of the top 20 merchant acquirers in the United States.
FinSMEs
09/09/2022