PayZen

company

About

PayZen is a healthcare fintech startup tackling healthcare affordability by using financial technology, AI, and machine learning.

Details

Last Funding Type
Series B
Last Funding Money Raised
$20M
Industries
Financial Services,FinTech,Health Care,Payments,Software
Founded date
Jul 1, 2019
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
PayZen Inc.

PayZen is a healthcare fintech startup that aims to tackle the growing patient payment responsibility problem. The mission-driven company together with its superior technology and a new approach enables patients to pay their out-of-pocket medical bills over time with convenience and transparency. While Medical Providers should be able to focus on providing healthcare services rather than financial services. The company achieves better financial outcomes for both patients and providers through Smart Medical Payment Plans And Non-Recourse Patient Financing.

Ariel Rosenthal, Itzik Cohen, and Tobias Mezger co-founded the company in San Francisco, California in 2019.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$240M
PayZen has raised a total of $240M in funding over 2 rounds. Their latest funding was raised on Nov 15, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 15, 2022 Series B $20M 4 7wire Ventures Detail
Nov 15, 2022 Debt Financing $200M 1 Viola Credit Detail
Nov 16, 2021 Series A $15M 5 SignalFire Detail
Feb 11, 2021 Seed $5M 2 Detail
Aug 15, 2019 Seed 3 Viola Ventures Detail

Investors

Number of Lead Investors
Number of Investors
4
9
PayZen is funded by 9 investors. 7wire Ventures and Viola Credit are the most recent investors.
Investor Name Lead Investor Funding Round
7wire Ventures Yes Series B
Viola Credit Yes Debt Financing
Link Ventures Series B
Picus Capital Series B
SignalFire Series B
Viola Ventures Series A
TWO39 Ventures Seed
Colchis Capital Management Seed
Phin Upham Seed

Employee Profiles

Number of Employee Profiles
7
PayZen has 7 current employee profiles, including Executive Itzik Cohen
Executive
Board member
Executive
Board member
Advisor