COMPANY PROFILE

PatientPay

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Leading patient payments partner for specialty care

Durham, United StatesFounded 2008Fintech

Valuation $50–100M Last recorded · 2021

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About PatientPay

PatientPay is a specialized financial technology company providing comprehensive patient billing and payment solutions tailored to the unique needs of specialty care providers and Revenue Cycle Management (RCM) companies. Operating primarily in the healthcare sector, PatientPay serves medical groups and RCM firms by streamlining the payment process, thereby improving financial outcomes. The company’s business model revolves around offering an integrated platform that facilitates multiple payment options, intelligent payment plan designs, and faster payment collections, typically within 14 days. By addressing the intricate financial challenges of specialty care, PatientPay enhances the efficiency of payment collections, leading to higher response rates and increased revenue for its clients. The company generates revenue through subscription fees and transaction-based charges for its services.

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At a glance

Status: Operational
Founded: 2008
Headquarters: Durham, United States
Employees: 26
Open positions: None listed
Dealroom signal: 70.8/100
Industry: Health, Fintech
Sub-industry: Payments, Insurance
Sector: Fintech, Hard Tech
Client focus: b2b, b2c
Investment activity: 1 company, latest Aug 2024
Capital deployed: —
Preferred round: ACQUISITION
Links: Website LinkedIn X

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VC✓Equity / VC	Oct 2021	$12M	$49M	Undisclosed	—
LATE VC✓Equity / VC	Apr 2020	$6.2M	$25M	Mosaik Partners	↗

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Growth signals

PatientPay website traffic

Latest recorded traffic for PatientPay is 3.4K monthly website visits, down 19% over the last three months. PatientPay's team grew 4% over the past year.

Latest monthly visits3.4K 3-month web change-19% 1-year team growth+4%

Monthly website visitsApr 2016–Jul 2026

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