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Grazzy

Technology - FinTech / Service Industry Solutions ~10 employees
Founded
--
Employees (Est.)
~10
1 leaders known
Total Funding
$8.2M
Funding Rounds
2
Last Funding
2024-07-25

About Grazzy

Grazzy is a digital tipping platform designed to facilitate instant payouts, tax reporting, and compliance for service industry businesses. It aims to increase employee earnings, improve retention, and provide a seamless tipping experience for customers without requiring app downloads.

Products & Services

Digital Tip Collection:Enables digital tipping via QR codes and kiosks, allowing guests to tip employees instantly without app downloads, potentially increasing effective wages by 20%.
Flexible Tip Distribution:Offers multiple distribution options for tips, including direct deposit to debit cards, ACH bank transfers, or payroll integration.
Grazzy for Hotels:Reduces retention and recruitment costs while unlocking more earnings for hotel employees through digital tipping.
Grazzy for Car Washes:Provides digital tipping convenience for customers, reduces risk, and increases employee earnings.
Grazzy for Bars & Restaurants:Automates credit card tip distribution for instant employee access.
Grazzy for Salons & Spas:Helps attract and retain talent by offering higher, instantly accessible earnings.

Specialties

Digital Tipping Instant Payouts Tax Compliance Employee Retention Solutions Integration with Enterprise Systems

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Seed
T: -
FT: Seed
A: 4000000
MR: -
FA: $4 million
FAN: 4000000
D: 2024-07-25
FD: 2024-07-25
5 investors
2 RT: Seed
T: -
FT: Seed
A: 4250000
MR: -
FA: 4.25MM
FAN: 4250000
D: 2023-01-23
FD: 2023-01-23
2 investors
Seed Latest
2024-07-25
$4.0M
5 investors (Pro only)
Seed 2023-01-23
$4.2M

View 1 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

View 3 more growth metrics with Pro

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Team & Leadership

E

EJ Varela

Recent News

Grazzy Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
grazzy.com
Industries
Technology - FinTech / Service Industry Solutions
Company Size
~10 employees (est.)

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Technology Stack

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