PayGround, a Gilbert, AZ-based healthcare fintech payments platform, closed a $5.5M funding round.
The round was led by FCA Venture Partners and Lewis & Clark Ventures with participation from existing investors, Triventures and notable angel investors.
The company intends to use the funds to expand into new markets, invest in new marketing campaigns and enhance the platform’s features.
Led by CEO Drew Mercer, PayGround enables patients to manage bills from all providers in one platform. All a patient needs to do is take a picture of their bill, select their payment method and click pay in the PayGround mobile app. The platform also streamlines the collections process for healthcare providers.
FinSMEs
29/07/2022