Tech Company Financing Transactions
PatientPay Funding Round
On 5/27/2014, PatientPay raised $2.5 million in Series A funding from Mosaik Partners and private investors.
Transaction Overview
Company Name
Announced On
5/27/2014
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Series A
Investors
Mosaik Partners (Lead Investor)
Proceeds Purpose
The company, which has now raised a total of $6m, intends to use the funds to increase adoption of PatientPay as well as expand its capabilities beyond automated bill creation and payment.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
1005 Slater Rd. 100
Durham, NC 27703
USA
Durham, NC 27703
USA
Phone
Website
Email Address
Overview
In 2011, the company launched its flagship product, a secure, cloud-based service that drives down expense by eliminating the labor-intensive and error-prone manual, back-end effort to process paper bills or payments made on traditional online portals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Furr
Chief Technical Officer
Scott Willette
VP - Sales
Peter Heydt
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