Patriot Software Company, a leading accounting software and payroll software provider, announced that it has raised an undisclosed amount in Series-A funding, led by RZC Investments. Located in Bentonville, Arkansas, RZC Investments is a multi-strategy investment firm focused on deploying capital into operating businesses.
“We’re excited about partnering with Mike Kappel and the team at Patriot Software. Investing in entrepreneurs, founders, and disruptors is at the core of RZC, and we’re thrilled to invest in another fast-growing SaaS company like Patriot. 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. Read MORE.