Flywire

Palo Alto, United States Founded: 2010 • Age: 16 yrs Acquired By Flywire
Healthcare payments are managed via an enterprise cloud platform.
Annual revenue - Latest available
Total funding $39.5M 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Flywire

Flywire is a company based in Palo Alto (United States) founded in 2010 was acquired by Flywire in February 2020. It operates as a SaaS (Software-as-a-Service) and B2B2C. Flywire has raised $39.53 million across 4 funding rounds from investors including Flywire, Social Capital and 83NORTH. Flywire offers products and services including Next-Gen Payments Platform, Global Payment Network, and Vertical-Specific Software. Flywire operates in a competitive market with competitors including Greenphire, Zelis Healthcare, Cedar, PayZen and RevSpring, among others.

  • Headquarter Palo Alto, United States
  • Sectors
    Healthcare
    Financial Services
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Flywire Corporation
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $39.53 M (USD)

    in 4 rounds

  • Latest Funding Round
    $20 M (USD), Series C

    May 10, 2016

  • Investors
    Flywire

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Flywire

    (Feb 13, 2020)

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Products & Services of Flywire

Flywire offers a comprehensive portfolio of products and services, including Next-Gen Payments Platform, Global Payment Network, and Vertical-Specific Software.

Product name locked
Category locked
Primary

Global payment flows are powered across multiple currencies.

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Payments are accepted in over 240 countries worldwide.

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Scalable software is tailored to specific industry needs.

People of Flywire

Headcount 500-1000
Employee Profiles 438
Board Members and Advisors 7
Employee Profiles
People
Danielle Cherry
Manager, Project Management, CRS
People
Pitipat Patipoksut
Senior Manager, Business Operations
People
Rob Orgel
President & COO
People
David King
Chief Technology Officer

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Board Members and Advisors
people
Alex Finkelstein
Board Member
people
Edwin J. Santos
Board Member
people
Matt Harris
Board Member
people
Phillip Riese
Chairman

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Funding Insights of Flywire

Flywire has successfully raised a total of $39.53M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in May 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Flywire

Flywire has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Flywire, Social Capital and 83NORTH.

All
Venture Fund
Investor Description Founded Year Domain Location
Tech-focused, stage-agnostic venture capital is provided by 83NORTH.
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Multi-stage tech and life sciences focused venture capital firm investing primarily in the US
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US focused VC firm investing in seed & growth stage companies
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Investor details for Flywire

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by Flywire

Investments
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Investment portfolio details for Flywire

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Flywire

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Detailed financials for Flywire

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  • Profit trends
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Flywire Comparisons

Flywire Primary company
Description
Healthcare payments are managed via an enterprise cloud plat...
Location
Palo Alto, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Flywire

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Flywire

Flywire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Greenphire, Zelis Healthcare, Cedar, PayZen and RevSpring, among others.

Company Name Domain Founded year HQ Location Description
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Clinical payment technology for patient transactions in research is provided.
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Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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Cloud-based payment solutions are provided for healthcare billing and analytics.
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AI medical billing software for healthcare professionals and organizations
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Revenue cycle management platform for healthcare centers is offered.
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Sales payment solutions are provided for businesses and customers.
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Detailed competitors of Flywire

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  • Full company profiles
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  • Competitive positioning

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Latest news on Flywire

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Complete news archive for Flywire

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Flywire

Flywire was founded in 2010.

Flywire is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Flywire is a funded company, having raised a total of $39.53M across 4 funding rounds to date.

Flywire is established as a leader in global payments and software solutions. A next-gen payments platform is provided to handle complex payment flows across multiple currencies and regions. A proprietary global payment network is operated, enabling transactions in over 240 countries and territories. Vertical-specific software is offered, tailored to industries such as education, travel, healthcare, and B2B sectors. Seamless integrations with client workflows are supported, alongside tools for payment management and customer communication. Secure transactions and first-class customer support are ensured for all clients.

Flywire's top competitors include Greenphire, Cedar and PayZen.

Flywire offers Next-Gen Payments Platform, Global Payment Network, and Vertical-Specific Software.

Flywire has 5 investors. Key investors include Flywire, Social Capital, 83NORTH, Heritage Group, and American Express Ventures.

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