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
Proceeds Purpose
The funding will bolster the company's rapid expansion into hospitals and health systems, building on its success 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
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
PayGround LinkedIn Company Profile
Social Media
PayGround Company Twitter Account
Company News
PayGround News
Facebook
PayGround on Facebook
YouTube
PayGround on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Drew Mercer
  Drew Mercer LinkedIn Profile  Drew Mercer Twitter Account  Drew Mercer News  Drew Mercer on Facebook
Chief Technical Officer
Kashif Masood
  Kashif Masood LinkedIn Profile  Kashif Masood Twitter Account  Kashif Masood News  Kashif Masood on Facebook
Co-Founder
Jared Totolo
  Jared Totolo LinkedIn Profile  Jared Totolo Twitter Account  Jared Totolo News  Jared Totolo on Facebook
Co-Founder
Adam Younger
  Adam Younger LinkedIn Profile  Adam Younger Twitter Account  Adam Younger News  Adam Younger on Facebook


 

 

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Prev: 11/28/2023: LegalFly venture capital transaction
Next: 11/28/2023: Harness Therapeutics 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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