Tech Company Financing Transactions
PayGround Funding Round
PayGround secured a $19.7 million Series A funding round on 11/28/2023. Investors included SixThirty, FCA Venture Partners and IA Capital Group.
Transaction Overview
Company Name
Announced On
11/28/2023
Transaction Type
Venture Equity
Amount
$19,700,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to bolster its expansion into hospitals and health systems, building on its entry in the ambulatory market, as well as grow its senior leadership team.
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
Browse more venture capital transactions:
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Next: 11/28/2023: ProptechOS venture capital transaction
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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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