PatientPay Secures $2,500,000 Series A Funding

  • Feed Type
  • Date
    5/27/2014
  • Company Name
    PatientPay
  • Mailing Address
    1005 Slater Road Durham, NC 27703 USA
  • Company Description
    In 2011, the company launched its flagship product, a secure, cloud-based service that drives down expense by eliminating the labor-intensive and error-prone manual, back-end effort to process paper bills or payments made on traditional online portals.
  • Website
    http://www.patientpay.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company, which has now raised a total of $6m, intends to use the funds to increase adoption of PatientPay as well as expand its capabilities beyond automated bill creation and payment.
  • M&A Terms
  • Venture Investor
  • Venture Investor

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