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PatientPay

Durham, NC · Founded 2008 · Privately Held (backing)

Developer of a billing platform intended to offer healthcare revenue cycle management for the healthcare industry. PatientPay is based in Durham, NC and was founded in 2008. Its last reported valuation was $31.1 million in Mar 2020. It has raised $30.4 million across 2 recorded rounds; the latest was a $12.2 million early-stage round in Aug 2021.

Last reported valuation
$31.1M
Oct 2026
Priced at
—
Total raised
$30.4M
Last round
Early Stage VC
Aug 2021

PatientPay key facts

as of Oct 2026
  • Developer of a billing platform intended to offer healthcare revenue cycle management for the healthcare industry.
  • PatientPay is valued at approximately $31.1M as of Oct 2026 (last reported valuation).
  • It has raised $30.4M across 2 recorded rounds; the latest was Early Stage VC ($12.2M) in Aug 2021.
  • Notable investors include Mitchell Family Office, EFO Holdings, Mosaik Partners, Teaghlach Family Office.
  • PatientPay has filed 3 Form Ds with the SEC since 2017, most recently Oct 2021 ($12.2M sold to 34 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$31.1M

PatientPay's last reported valuation, Mar 2020. Nothing priced has surfaced since.

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PatientPay funding rounds

2 rounds
Aug 2021Early Stage VC$12.2MSEC filing▮
Nov 2017Early Stage VC$6.0MSEC filing▮
Full funding history →

PatientPay valuation

PatientPay's last reported valuation was $31.1 million in Mar 2020. No priced round, secondary trade or fund mark has surfaced since.

How much has PatientPay raised?

PatientPay has raised $30.4 million in total; 2 of its rounds are on record. The largest on record was a $6 million early-stage round in Nov 2017; the most recent was a $12.2 million early-stage round in Aug 2021.

PatientPay has filed 3 Form Ds with the SEC since 2017, most recently in Oct 2021 ($12.2 million sold to 34 investors).

PatientPay investors

4 investors are on record for PatientPay, including Mitchell Family Office, EFO Holdings, Mosaik Partners and Teaghlach Family Office. The early-stage round in Aug 2021 drew 34 investors.

About PatientPay

Developer of a billing platform intended to offer healthcare revenue cycle management for the healthcare industry. The company's platform has a cloud-based patient billing and payment technology focused on the complex financial challenges faced by specialty healthcare, enabling medical groups, hospitals, and patients to manage their healthcare-related financial obligations.

Sector
Healthcare
HQ
Durham, NC, United States
Founded
2008
Employees
24
Ownership
Privately Held (backing)

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