Zuro, Inc.

Zuro, Inc. specializes in providing innovative invoicing solutions tailored for small businesses, streamlining their cash flow management and payment processes with user-friendly software. Zuro, Inc. was founded in 2020 and is headquartered in New York, US.

The company offers advanced invoicing software to assist small businesses in managing their finances. The founder, Reed Switzer, has previously founded other companies. Zuro has raised a total of USD 3. 6 mn, all of which was secured in a SEED funding round on October 5, 2021, led by Noemis Ventures and Stellation Capital, with participation from multiple investors including Valar Ventures and Brightlane Ventures.

Hopscotch offers an all-in-one invoicing software designed specifically for small businesses, providing streamlined solutions for invoicing, bill payments, and cash flow management. Its core product, Hopscotch Flow, enables users to unlock funds tied up in outstanding invoices, allowing them to receive payments before their clients settle their bills. This feature is complemented by fee-free invoicing options and the ability for clients and vendors to pay via ACH bank transfers or credit cards without needing to create an account. The platform caters to a diverse customer base, including freelancers, agencies, consultants, and contractors, facilitating their financial operations from a centralized dashboard.

Hopscotch's services are available primarily in the United States, with plans to expand into additional international markets. Hopscotch generates revenue through its premium features, particularly the Hopscotch Flow service, which provides advanced cash flow management options for its users. Businesses utilizing this platform engage in transactions where they can bill clients and vendors with customizable payment experiences while accessing their funds instantly. The structure of transactions typically involves direct payments for services rendered, with the potential for a small service fee associated with premium features, clearly communicated upfront.

Hopscotch’s pricing model is designed to attract small businesses by offering fee-free payment options and competitive pricing for additional services, ensuring accessibility and transparency in its financial offerings. In October 2021, Zuro, Inc. raised USD 3. 6 mn in SEED funding to expand its engineering, product, and marketing teams.

The company aims to enhance its software offerings and explore new markets. The funding will support the development of new features and potential geographic expansion beyond the United States into international territories.