Patriot Software Secures Undisclosed Series-A Funding Round
Summary
“Bringing in RZC attests to Patriot’s growth potential and leadership position in multiple industries. And now we have a financial partner that truly cares about our mission to make accounting and payroll fast, simple, and affordable for millions of American businesses and their accountants” says Patriot’s CEO, Mike Kappel. We look for like-minded partners and business builders with an eye towards long-term value creation that align with our long-term, if not forever, hold periods—we found just that in Mike. Patriot’s software solution encompassing payroll, time & attendance, HRIS, and accounting provides a unique product set to the backbone of the U.S. economy, the American small business, which we’re long on,” says RZC Partner, Matthew Tarver. In addition to spinning off its former subsidiary, Top Echelon Software, Patriot raised millions in capital through Private Placement and Regulation D stock offerings led by Patriot’s President and Chief Legal Officer, Mike Wheeler.
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