# PayZen

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

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.payzen.com/
- Total disclosed funding: $67M
- Latest round: Series B (Aug 13, 2024)
- Investors on record: 9

## About

Based in California, US, and founded in 2019 by co-founders Itzik Cohen (CEO), Tobias Mezger, and Ariel Rosenthal, PayZen Inc. operates as a provider of an AI-powered payment platform that offers personalized patient financing solutions to hospitals, health systems, and physician groups. In August 2024, PayZen Inc. raised USD 32 million in series B funding led by NEA, with participation from 7WireVentures, Signal Fire, and Viola Ventures.

The company provides a healthcare payment platform that offers patient payment solutions to medical professionals. The platform services include automated payment plan enrollment, servicing, and financial assistance automation. Moreover, the firm offers solutions such as the PayZen Care Card for pre-care and ongoing payment management. Additionally, the company also provides services such as capital acceleration and eligibility assessment for financial assistance.

## Funding rounds

- Series B, Aug 13, 2024, $32M — Viola Ventures, New Enterprise Associates, 7wireVentures, SignalFire
- Series A, Nov 22, 2022, $15M — Viola Group, 7wireVentures, Link Ventures, SignalFire, Picus Capital, Colchis Capital Management, Two39 Ventures
- Series A, Nov 11, 2021, $15M — Viola Group, 7wireVentures, Link Ventures, SignalFire, Picus Capital
- Seed, Feb 11, 2021, $5M — Picus Capital, Two39 Ventures
- Seed, Aug 15, 2019 — Viola Group, Colchis Capital Management

## Investors

- Viola Group (https://capitalatlas.ai/funds/viola-group) — Seed, Series A
- Colchis Capital Management (https://capitalatlas.ai/funds/colchis-capital-management) — Seed, Series A
- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed, Series A
- Two39 Ventures (https://capitalatlas.ai/funds/two39-ventures) — Seed, Series A
- 7wireVentures (https://capitalatlas.ai/funds/7wireventures) — Series A, Series B
- Link Ventures (https://capitalatlas.ai/funds/link-ventures) — Series A
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series A, Series B
- Viola Ventures — Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B