PatientPay
Latest round
- Series A
Last raised
- May 2014
Total raised
- $2.5M
Investors
- 1
About PatientPay
Founded in 2008 by CEO Tom Furr and based in North Carolina, US, PatientPay, Inc. develops and provides an online platform that enables patients to pay medical bills. The platform also offers payment management solutions to medical enterprises., a portfolio company of Mosaik Partners, EFO Holdings, and Teaglach Family Office, merged with ClearGage, LLC. Following the transaction, the combined entity will operate under the PatientPay, Inc. brand. The company's primary product is a cloud-based platform that automates patient billing and payment processes. It allows patients to pay the bills using a variety of methods, including credit/debit cards, eChecks, Apple Pay, PayPal, Venmo, and traditional paper checks. Additionally, PatientPay offers interest-free payment plans and card-on-file options, allowing healthcare providers to offer flexible payment options to their patients. In addition to simplifying payment collection, PatientPay integrate with existing healthcare systems offers reporting and analytics tools. These tools provide insights into patient payment behavior, allowing healthcare providers to improve payment capture rates and enhance patient communications. The platform feature includes advanced dunning system, which automatically sends payment reminders and communications to patients based on personalized data, improving the likelihood of timely payments. The August 2024 merger will allow PatientPay, Inc. to offer a more comprehensive billing and payments platform.
Who invested in PatientPay
1 investor across 1 round
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Funding rounds
Series A
May 27, 2014
Amount
$2.5M
Investors
Questions about PatientPay
Who invested in PatientPay?
PatientPay has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PatientPay raised?
PatientPay has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PatientPay last raise money?
PatientPay's most recent round on record is a Series A, in May 2014.
What does PatientPay do?
Founded in 2008 by CEO Tom Furr and based in North Carolina, US, PatientPay, Inc.
Where is PatientPay headquartered?
PatientPay is headquartered in Durham, US.
Which VCs invest in companies like PatientPay?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PatientPay's stage. Their profiles are linked below.
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