# Payzer funding: rounds and investors

> Payzer has raised $38M across 5 rounds since 2015. Investors include Grotech Ventures, Route 66 Ventures and Alumni Ventures. Every round with its source.

Source: https://millionrounds.com/company/payzer (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Payzer*

5 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$38M** raised across 5 rounds since 2015, from 5 sources

**$1.5M** Round **$4.3M** Series B **$9.2M** Series C **$23M** Series D

- **Latest round:** Series D, $23M Jun 2021
- **Step-up i:** 2.5×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018 2019 2020 2021

**?** Series A

**$1.5M** Round

**$4.3M** Series B

**$9.2M** Series C

**$23M** Series D

- **First round:** Series A
- **Biggest round:** $23M
- **Usual gap between rounds:** 2.2 years

## The rounds

- **Jun 2021** Series D **$23M** *1 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) Source recorded SEC filing: $20M sold, first sale Jun 2021
- **Nov 2018** Series C **$9.2M** *4 new* *2 returning* [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) [Route 66 Ventures](https://millionrounds.com/fund/route-66-ventures) [Idea Fund](https://millionrounds.com/fund/idea-fund) [Ferguson Ventures](https://millionrounds.com/fund/ferguson-ventures) [MetaBank](https://millionrounds.com/fund/metabank) [Corporate Venture Capital](https://millionrounds.com/fund/corporate-venture-capital) Reported by Wraltechwire
- **Sept 2016** Series B **$4.3M** *1 new* *2 returning* [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) [Route 66 Ventures](https://millionrounds.com/fund/route-66-ventures) [IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) Reported by FinSMEs SEC filing: $4.3M sold, first sale Sept 2016
- **Jun 2016** Round **$1.5M** *1 new* [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Reported by FinSMEs SEC filing: $4.3M sold, first sale Sept 2016
- **Apr 2015** Series A **Amount undisclosed** *2 new* [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) [Route 66 Ventures](https://millionrounds.com/fund/route-66-ventures) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2015 **Round** 2016 **Series B** 2016 **Series C** 2018 **Series D** 2021 [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) [Route 66 Ventures](https://millionrounds.com/fund/route-66-ventures) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) [IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) [Idea Fund](https://millionrounds.com/fund/idea-fund) [Ferguson Ventures](https://millionrounds.com/fund/ferguson-ventures) [MetaBank](https://millionrounds.com/fund/metabank) [Corporate Venture Capital](https://millionrounds.com/fund/corporate-venture-capital)

## Everyone who backed them

[Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) VC firm **3** rounds

[Route 66 Ventures](https://millionrounds.com/fund/route-66-ventures) VC firm **3** rounds

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Investment firm **1** round

[IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) VC firm **1** round

[Idea Fund](https://millionrounds.com/fund/idea-fund) Company **1** round

[Ferguson Ventures](https://millionrounds.com/fund/ferguson-ventures) Corporate VC **1** round

[MetaBank](https://millionrounds.com/fund/metabank) Growth equity **1** round

[Corporate Venture Capital](https://millionrounds.com/fund/corporate-venture-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=payzer).

## Also claim to have backed them

These 2 firms list Payzer as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Elevate Innovation Partners](https://millionrounds.com/fund/elevate-innovation-partners) VC firm Per its own site

[Charlotte Fund](https://millionrounds.com/fund/charlotte-fund) VC firm Per its own site

## Quick answers about Payzer

### Who invested in Payzer?

Payzer's investors include Grotech Ventures, Route 66 Ventures, Alumni Ventures, Square 1 Bank and IDEA Fund Partners, and 4 more on record.

### How much has Payzer raised?

Payzer has raised $38M across 5 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did Payzer last raise?

Payzer's most recent round was a Series D of $23M in Jun 2021.

### What was Payzer's biggest round?

Its most recent round, $23M in Jun 2021, is also its largest on record.

### Who backed Payzer first?

Payzer's first round on record, in Apr 2015, was backed by Grotech Ventures and Route 66 Ventures.

### What stage is Payzer at?

Payzer's latest named round is a Series D, in Jun 2021.

### Where is Payzer based?

Payzer is based in the United States.

## Companies like Payzer

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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