# VisitPay

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

- Industry: Software
- Headquarters: Boise, US
- Website: www.visitpay.com
- Total disclosed funding: $19M
- Latest round: Series B (Nov 27, 2019)
- Investors on record: 2

## About

Founded in 2010 and based in Idaho, US, VisitPay formerly known as iVinci Health, LLC is a provider of a patient financial engagement platform that allows patients to manage their own medical billings.

The idea behind the platform is to provide customers with price transparency so that they can know what they owe and can also make payment arrangements. The company was founded as iVinci Health, LLC and was created in the basement of the CEO's home.

The software platform of the company is used to consolidate bills from hospitals, doctors, and other clinicians into one place and a single monthly statement. The company also provides customers with a view of medical costs and an explanation of benefits, as well as the ability to view their balance and make payments.

The company employs approximately 120 employees, that work in connection with the platform to provide services to hospitals, health systems, and physician groups across the US.

The cloud-based platform of the company will be used by R1 RCM Inc. in connection with the acquisition in 2021, to allow the company to transform patient experiences and drive increased patient satisfaction.

## Funding rounds

- Series B, Nov 27, 2019, $3.7M — Norwest Venture Partners
- Series A, Nov 7, 2017, $15M — Norwest Venture Partners, Ascension Ventures

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B
- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Series A