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Payground Raises $5.5M In Latest Funding Round

Payground Raises $5.5M In Latest Funding Round

07/28/22, 10:29 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svggilbert
Money raised
$5.5 million
Industry
fintech
health care
PayGround, a healthcare fintech payments platform, today announced the completion of a $5.5M funding round led by FCA Venture Partners and Lewis & Clark Ventures with participation from existing investors, Triventures and notable angel investors. This financing, which fortifies the $4M seed funding PayGround raised in 2021, will help expand into new markets, invest in new marketing campaigns and enhance the platform's features.

Company Info

Company
PayGround
Location
gilbert, arizona, united states
Additional Info
The platform also streamlines the collections process for healthcare providers. PayGround enables patients to manage bills from all providers in one platform. In fact, providers who use PayGround experience a 23% increase in collections within the first 90 days and decrease their invoices' time in accounts receivable by an average of 6.7 days. It also allows us to invest in our platform and develop more innovative features that change the way healthcare payments are made."About PayGroundPayGround is a healthcare patient payments platform that supports a more simple and efficient experience for providers and patients.

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