Ferguson Ventures has returned to reinvest in the business management software developer, which has collected nearly $41m in overall funding.
Ferguson Ventures, the corporate venture capital vehicle of plumbing supplies distributor Ferguson Enterprises, contributed to a $23m series D round for US-based business management software developer Payzer on Monday.
The round was led by investment firm Harbert Growth Partners and also featured Grotech Ventures, Route 66 Ventures, Idea Fund Partners and Alerion Ventures.
Founded in 2012, Payzer has developed cloud-based field service management software used by contractors in maintenance sectors such as heating, electrical, air conditioning, roofing and plumbing.
The…
