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PayZen

Healthcare Technology ~50 employees
Founded
--
Employees (Est.)
~50
5 leaders known
Total Funding
$232.0M
Funding Rounds
1
Last Funding
2024-08-13

About PayZen

PayZen provides AI-powered patient financing solutions for healthcare providers, aiming to increase patient payments by 30% and improve patient satisfaction by over 50%. Their mission is to address healthcare affordability, boost revenue for providers, and deliver a superior experience for patients and staff through innovative technology.

Products & Services

Care Card:A pre-service financing solution to remove financial barriers, increase point-of-service collections, and drive patient loyalty with flexible payment options.
Post Care:Interest-free, personalized post-service payment plans based on patients' ability to pay, preventing accounts from going to collections.
Balance Sheet Boost:Transitions existing payment plans to PayZen for immediate cash flow and simplified patient payment management.
Financial Assistance Automation:Enhances upfront presumptive screening and optimizes workflow automation for patient applications (coming soon).
Healthcare Payment Platform:An embedded, digital-first platform allowing patients to enroll in under a minute, with seamless integration and AI-driven payment options.

Specialties

AI-powered patient financing Healthcare payment solutions EMR integrations Workflow automation Patient affordability solutions

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series B
T: -
FT: Series B 		A: 232000000
MR: -
FA: 232M
FAN: 232000000 		D: 2024-08-13
FD: 2024-08-13 		6 investors
Series B Latest
2024-08-13
$232.0M
6 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

I

Itzik Cohen

Co-Founder and Chief Executive Officer

LinkedIn (Pro only)
T

Tobias Mezger

Co-Founder and Chief Revenue Officer

LinkedIn (Pro only)
S

Sanjeev Kapur

Chief Operating Officer

LinkedIn (Pro only)
J

Jillian Souza

VP of People

B

Brandon Pace

Chief Legal Officer

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Recent News

PayZen Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
payzen.com
Industries
Healthcare Technology
Company Size
~50 employees (est.)

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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