Tech Company Financing Transactions
Grazzy Funding Round
Grazzy, based in Austin, received $4 million from AZ-VC, Next Coast Ventures and Tuesday Capital.
Transaction Overview
Company Name
Announced On
7/25/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to expand its team, accelerate new customer onboarding, and scale partnerships, integrations and go-to-market strategies to continue its exponential growth.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
824 West 10th St 200
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Undisclosed
Website
Email Address
Overview
Grazzy helps hourly employees make more money, access it same day, and save and spend in better ways. By improving financial wellness for front line workers, Grazzy reduces retention and recruiting costs for hotels, bars, restaurants, and salons. Our extensible payments platform enables digital tipping, instant tip-outs, and inclusive banking solutions that are built to scale with hospitality and services businesses of any size.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Russell Lemmer
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