Wisetack Analysis: $70M Raised
What is Wisetack?
Wisetack specializes in providing monthly payment options for home service businesses. Their approach simplifies financing by allowing customers to see payment options quickly and clearly. This enables businesses to close more jobs and enhance customer satisfaction through accessible financing solutions.
Employees
201-500
Founded
2018
Industry
FinTech, Payments
Latest Funding Round Size
Venture Round
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$25,000,000
Product Features & Capabilities
- Monthly payment options for HVAC and plumbing services
- Financing solutions for dental and veterinary services
- Payment calculator for estimating monthly payments
- Prequalification link for early financing options
- Marketing toolkit for integrating Wisetack into websites.
Use Cases
Offer financing options for home service customers; Simplify payment processes for large purchases; Enhance customer satisfaction with transparent payment plans; Increase sales conversion rates for service providers; Provide interest-free financing options for consumers.
How much Wisetack raised
Series B - $45 million
November 17, 2021Lead Investor: Insight Partners, Greylock Partners, Bain Capital Ventures
Venture Round - $25 million
January 30, 2025Lead Investor: Trinity Capital
Other Considerations
Partnered with various field service management tools; Received positive customer satisfaction ratings; Offers 0% APR financing options for up to 24 months.