Collectly
Latest round
- Series A
Last raised
- Jul 2023
Total raised
- $31M
Investors
- 13
About Collectly
Based in the US, Collectly, Inc.Collectly, Inc. provides a platform that simplifies and automates the medical billing process for healthcare organizations. Founded in 2016 and headquartered in Pasadena, US, the company has undergone no major pivots in strategy. The founders, Levon Brutyan and Max Mizotin, have aimed to improve the financial experiences of patients and healthcare providers alike.Collectly offers an integrated platform designed to facilitate the medical billing process for healthcare organizations, including private practices, urgent care centers, hospitals, and billing companies. The core functionalities of Collectly focus on automating patient payment collections, improving patient financial experiences, and streamlining billing operations. The platform enhances engagement by allowing healthcare providers to send electronic invoices and reminders via email and text, simplifying the billing process for patients.Collectly generates revenue through a software-as-a-service (SaaS) model, where healthcare organizations subscribe to its platform to manage their billing and collection processes. The transaction structure typically involves monthly or annual subscription fees based on the size and needs of the client organization, allowing for scalability as the organization grows. Clients benefit from Collectly's comprehensive services, which include automated reminders, payment processing, and patient engagement tools. The company is targeting expansion into new markets and geographic regions, although specific markets have not been detailed. Upcoming initiatives may include the development of new products designed to further streamline the billing process, although no specific release dates have been provided.
Who invested in Collectly
13 investors across 2 rounds
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Questions about Collectly
Who invested in Collectly?
Collectly has 13 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Collectly raised?
Collectly has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Collectly last raise money?
Collectly's most recent round on record is a Series A, in Jul 2023.
What does Collectly do?
Based in the US, Collectly, Inc.
Where is Collectly headquartered?
Collectly is headquartered in Pasadena, US.
Which VCs invest in companies like Collectly?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Collectly's stage. Their profiles are linked below.
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