# MedZERO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medzero

- Industry: Financial Services
- Headquarters: Portland, US
- Website: www.medzero.com
- Total disclosed funding: $8.7M
- Latest round: Seed (Oct 6, 2022)
- Investors on record: 3

## About

Based in Oregon, US, and founded in 2015, MedZERO Inc., aka medZERO is a healthcare-focused fintech firm, that operates as a provider of a mobile lending platform, designed to help employers offer instant health payment solutions for their employees. The company was co-founded by Craig Froude (CEO), Howard Michalski, Michael Sobek, and Paul Brenneke, and in December 2021, the firm raised USD 5.7 million in seed funding led by new investor True Ventures, with participation from other investor Village Global.

medZERO provides enterprises with a financing platform that allows them to provide greater healthcare benefits to their employees. The company's platform provides employees with on-demand access to funds, allowing them to easily manage and pay their out-of-pocket health care expenses. Employees can request funds and pay their medical bills through the company's mobile app or website, and they can repay it over time through payroll deductions with no interest or charges.

The company intends to use the December 2021 funding to invest in its digital platform, and hire talents for sales, marketing, and operations roles.

## Funding rounds

- Seed, Oct 6, 2022, $3.2M — True Ventures, Silicon Valley Data Capital, Village Global
- Seed, Mar 16, 2021, $5.5M — True Ventures, Village Global

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed
- Silicon Valley Data Capital (https://capitalatlas.ai/funds/silicon-valley-data-capital) — Seed