Chargezoom: Raises $10M in Series A Funding

Chargezoom Raises $10M in Series A Funding

  • 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
  • Charge zoom 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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FTC Seeks Contempt Ruling Against Payment Processor CLIQ

The FTC aims to hold CLIQ accountable for alleged non-compliance.Highlights: FTC files contempt motion against CLIQ for ignoring...

FTC Tightens Control Over Payment Processor Cliq in Contempt Ruling

Federal Trade Commission seeks legal action against Cliq for non-compliance.Highlights: FTC asks court to hold Cliq in contempt...

Portage Takes Over Management of Point72 Ventures’ Fintech Assets

Significant shift in fintech investment strategy announced by Portage.Highlights: Portage Management has taken over Point72's fintech assets.The move...

Portage Takes Over Management of Point72 Fintech Assets, Strengthening Market Position

Portage enhances its portfolio by managing Point72's fintech investments. Highlights:Portage assumes management of Point72's fintech investments. This move...