Wisetack, a FinTech company specialising in pay-over-time financing solutions, has secured $25m in growth capital from Trinity Capital, an alternative asset manager focused on private credit investments.
The funding will support Wisetack’s ongoing expansion efforts, allowing the company to scale its operations and drive further growth.
Wisetack provides consumer financing solutions for home services, enabling customers to pay for essential services such as HVAC, plumbing, and pest control through flexible, instalment-based plans. The platform integrates directly into software tools used by home service providers, streamlining the process for businesses to offer financing options to their customers.
Ryan Thompson, managing director of tech lending at Trinity Capital, highlighted Wisetack’s strong market position and growth potential. “Wisetack stood out for its exceptional growth trajectory, stellar customer experience, and strong position in a very large market. Their seamless integration process and easy-to-use software enable businesses around the country to offer their customers financing for essential services. We are excited to support Wisetack’s growth as they continue to provide businesses and their customers with greater flexibility.”
Bobby Tzekin, founder and CEO of Wisetack, expressed enthusiasm about the partnership. “We are excited to partner with Trinity Capital, as leaders in providing growth capital to fast-growing, category-defining companies. Trinity’s support will enable us to accelerate our growth and innovation in the massive home services market.”
Founded in 2018 and headquartered in San Francisco, Wisetack has attracted investment from several notable backers, including Insight Partners, Greylock, Quadrille Capital, and Bain Capital Ventures.
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