Tech Company Financing Transactions
PayGround Funding Round
FCA Venture Partners, Lewis & Clark Ventures and Triventures participated in a $5.5 million venture round for PayGround. The round closed on 7/29/2022.
Transaction Overview
Company Name
Announced On
7/29/2022
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand into new markets, invest in new marketing campaigns and enhance the platform's features.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
365 E. Germann Rd. 280
Gilbert, AZ 85297
USA
Gilbert, AZ 85297
USA
Phone
Website
Email Address
Overview
PayGround was born out of frustrations many Americans face. The process of paying medical bills is cumbersome--it's often confusing, overwhelming, and lacks a human touch. Patients just like us face rising out-of-pocket costs and want more control and visibility to their healthcare payments. PayGround exists to make healthcare payments more convenient and compassionate for all. Our vision is to create a meeting place for patients and providers and to simplify the payment process so everyone can focus on more important things.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Drew Mercer
Chief Technical Officer
Kashif Masood
Co-Founder
Jared Totolo
Co-Founder
Adam Younger
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We record every notable VC transaction. VC transactions on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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