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Inbox Health Raises $22.5 Million Series B To Support Rapidly Growing Patient Billing Communications Platform

PRIVATEMay 04, 2023

Amount Raised

$22.5 Million

Round Type

Series B

New HavenHealth CareMedical

Investors

Fairview CapitalCommerce VenturesCT InnovationsVertical Venture PartnersHealthy VenturesTen Coves Capital

Description

Inbox Health, a leading patient billing communications platform, announced today that it has completed a $22.5 million Series B financing round, bringing total capital raised to more than $43 million since inception. The Series B was led by Ten Coves Capital with participation from existing investors including Commerce Ventures, CT Innovations, Vertical Venture Partners, Healthy Ventures, and Fairview Capital.

Quick answer

Inbox Health raised $22.5 Million in a Series B round, dated May 4, 2023. Investors: Fairview Capital, Commerce Ventures, CT Innovations, Vertical Venture Partners, Healthy Ventures and Ten Coves Capital. Inbox Health is based in New Haven, Connecticut, United States.

How much did Inbox Health raise?
Inbox Health raised $22.5 Million in a Series B round on May 4, 2023.
Who invested in Inbox Health?
Fairview Capital, Commerce Ventures, CT Innovations, Vertical Venture Partners, Healthy Ventures and Ten Coves Capital are named as investors in this round.
What does Inbox Health do?
Inbox Health is a patient billing and payments platform that helps healthcare organizations modernize their patient A/R process.
Where is Inbox Health based and how big is it?
Inbox Health is based in New Haven, Connecticut, United States. Fundz records about 120 employees.
Who are the decision-makers at Inbox Health?
Fundz holds 1 contact at Inbox Health, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Health Care around the same time

Companies in the same sectors as Inbox Health that raised within 45 days of this round, from Fundz verified event records.

  • Neuros Medical raised $20M on June 16, 2023.
  • Jack Nathan Medical Corp. raised an undisclosed amount (Convertible Note) on June 15, 2023.
  • Avenda Health, Inc. raised $3.5M (Series B) on June 8, 2023.
  • VERTOS MEDICAL INC raised $26M (Funding Round) on June 7, 2023.
  • Carrum Health raised $45M (Series B) on June 6, 2023.
  • Candesant Biomedical, Inc. raised $35M (Series B) on June 6, 2023.

Who to call at Inbox Health, and when

A new round usually means Inbox Health is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Inbox Health

Location

425 James Street

New Haven, Connecticut, United States

About

Inbox Health is a patient billing and payments platform that helps healthcare organizations modernize their patient A/R process. By automating billing, offering flexible communication and payment options, and providing fast, empathetic support, Inbox Health improves cash flow, increases collection speeds by up to 60%, and boosts patient satisfaction. Serving over 2,000 practices and 2 million patients, the New Haven-based company was recently recognized on the Inc. 5000 list of fastest-growing private companies in the U.S.

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Fundz sees it the moment Inbox Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsBlake W., Executive Officer, DirectorSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Inbox Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.