Trinity Capital Provides $25M Growth Capital to Wisetack
- Editor
- Jan 30
- 1 min read
What's Happening: Trinity Capital Inc., a leading alternative asset manager, has committed $25 million in growth capital to Wisetack, a pay-over-time platform for home services. This investment will enable Wisetack to scale operations and fund growth initiatives in the home services financing market.
The Key Moves:
Trinity Capital commits $25 million to Wisetack for growth capital.
Wisetack provides consumer financing for home services like HVAC, plumbing, and pest control.
The funding will help Wisetack scale operations and fund growth initiatives.
By The Numbers :
$25 million: Amount of growth capital committed by Trinity Capital to Wisetack.
3 examples of home services Wisetack finances: HVAC, plumbing, and pest control.
2018: Year Wisetack was founded in San Francisco.
Key Quotes:
"Wisetack stood out for its exceptional growth trajectory, stellar customer experience, and strong position in a very large market," said Ryan Thompson, Managing Director at Trinity Capital.
"We are excited to partner with Trinity Capital, as leaders in providing growth capital to fast-growing, category-defining companies," said Bobby Tzekin, founder and CEO of Wisetack.
"Trinity's support will enable us to accelerate our growth and innovation in the massive home services market," added Bobby Tzekin.
The Bottom Line: Trinity Capital's $25 million investment in Wisetack demonstrates confidence in the growing market for flexible financing options in the home services sector. This capital injection is expected to fuel Wisetack's expansion and innovation, potentially reshaping how consumers pay for essential home services.
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