Goodbill

Seattle, United States Founded: 2003 • Age: 23 yrs
Hospital bill transactions are processed, errors identified, and services managed.

About Goodbill

Goodbill is a Healthcare company based in Seattle (United States) founded in 2003. Hospital bill transactions are processed, errors identified, and services managed. Goodbill has raised $5.4 million across 2 funding rounds from investors including Founders' Co-op, Maveron and Liquid 2 Ventures. Its website goodbill.com draws about 38 thousand monthly visits. Goodbill offers products and services including 501(r) Discounts, Claim Reviews, and Member Experience. Its focus areas include Services for Healthcare Providers, BPO and Medical Billing. Its competitors include Premera, Blue Cross and Blue Shield of Minnesota and USOP.

Company details

Goodbill was established in 2003 in Seattle, United States, within the healthcare billing sector. Hospital bill transactions are handled through dedicated platforms. Errors in billing statements are systematically identified and resolved. Comprehensive management services for billing operations are offered to healthcare providers. The companys domain, goodbill.com, supports these functions across the region.

Key Metrics
  • Total Equity Funding
    $5.4M (USD)

    in 2 rounds

  • Latest Funding Round
    $2M (USD), Seed

    Mar 2024

  • Investors

Products & Services of Goodbill

Goodbill offers a comprehensive portfolio of products and services, including 501(r) Discounts, Claim Reviews, and Member Experience.

501(r) Discounts
Discount Service

Screens hospital bills for eligibility and applies financial assistance discounts.

Claim Reviews
Audit Service

Uses AI and experts to flag overcharges and edit claims before payment.

Member Experience
Support Service

Offers bilingual support and case management for bill negotiations.

Funding Insights of Goodbill

Goodbill has successfully raised a total of $5.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in March 2024. 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.

  • Total Funding $5.4M
  • Total Rounds 2
  • Last Round Seed β€” $2M
  • First Round $3.4M

    (Dec 2021)

  • Investors Count 9

All 2 funding rounds of Goodbill with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$2MSeed––
Dec 2021$3.4MSeed–Founders' Co-op
Valuation history

9 investors in total: 3 institutional and 6 angel.

Investors in Goodbill

Goodbill has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Founders' Co-op, Maveron and Liquid 2 Ventures.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Seed and early-stage tech investments are made in the US.
founderscoop.comSeattle, United States
Venture capital investments in consumer businesses, emphasizing technology and human behavior.
maveron.com
Venture capital fund focused on seed-stage investment in multiple sectors
liquid2.vcSan Francisco, United States

Christian Sutherland-Wong

Angel investor, ex-CEO of Glassdoor, active in Indian startup ecosystem
unknown_4f9f092574d543f28

Dan Yoo

unknown_67f9502a9e7b4afc9

Aasim Saeen

unknown_ae4237a3b11e403eb

Greg Rudin

unknown_efec59df3959418b8

David Hahn

Angel investor and advisor, ex-Chief Product Officer at LinkedIn
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Nick Soman

Founder of LikeMinds, active angel investor in Indian startups
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Investor details for Goodbill

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Goodbill

17 people are tracked at Goodbill (4 in leadership, 11 in board & advisors, 2 in team).

NameRoleGroup
Steve Burgess
Head of SupportLeadership
Ian Sefferman
Founder & CTOLeadership
Patrick Haig
Founder & CEOLeadership
Leslie Kwoh
Head Of GrowthLeadership
Suneel Gupta
AdvisorBoard & advisors
Aasim Saeed
AdvisorBoard & advisors
Nick Soman
AdvisorBoard & advisors
Greg Rudin
AdvisorBoard & advisors
Arvind Rajan
Board MemberBoard & advisors
Anarghya Vardhana
AdvisorBoard & advisors
Chris Devore
AdvisorBoard & advisors
Michael Ma
AdvisorBoard & advisors
Christian Sutherland-Wong
AdvisorBoard & advisors
Dan Yoo
AdvisorBoard & advisors
David Hahn
AdvisorBoard & advisors
Shahaf Abileah
Software EngineerTeam
Kristin Manley
Growth & OperationsTeam
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Complete people profiles for Goodbill

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Goodbill

3 dated milestones of Goodbill across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Goodbill is founded.
  2. Funding First funding round of $3.4M.
  3. Funding Latest funding round, Seed, of $2.0M.

Competitors of Goodbill

Goodbill has 3 listed competitors in our database. They include Premera, Blue Cross and Blue Shield of Minnesota and USOP.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
premera.com1933Mountlake Terrace, United States3,273
Provides comprehensive health insurance services.
bluecrossmn.com1998Eagan, United States
Provides health insurance services to individuals and families.
us-orthopartners.com2020United States
Health insurance and ambulatory management services are provided to patients.
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Detailed competitors of Goodbill

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Verified entity values are shown only after access is granted.

Web traffic of Goodbill

The website of Goodbill (goodbill.com) receives about 38.3K visits a month.

  • Monthly visits
    38.3K

    ▲ 69.6% vs previous month

Similar websites

Websites whose visitors overlap most with Goodbill. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
resolvemedicalbills.com
100%
13.9K#982,751View details
medicalcostadvocate.com
medicalcostadvocate.com
95%
#13,782,240–
bcbsnd.com
70%
#585,042View details
peoplekeep.com
70%
98.5K#291,350View details
google.com
36%
85.8B#1View details

Top companies in Healthcare Provider Support Services

3 companies that operate in the same segment as Goodbill (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of self funded health plan
2017New York, New York, United StatesUSD 224 M212
Provider of AI solutions for clinical, operational, and business outcomes
2005Princeton, New Jersey, United StatesUSD 1.13 BUSD 465.22 M5,442
AMN Healthcare is recognized as a leading healthcare staffing provider.
1985San Diego, California, United StatesUSD 2.73 B2,970
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Related news about Goodbill

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Complete news archive for Goodbill

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Frequently Asked Questions about Goodbill

Goodbill was founded in 2003 and raised its 1st funding round 18 years after it was founded.

Goodbill is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Goodbill is a funded company, having raised a total of $5.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.4M, raised on Dec 2021.

Goodbill was established in 2003 in Seattle, United States, within the healthcare billing sector. Hospital bill transactions are handled through dedicated platforms. Errors in billing statements are systematically identified and resolved. Comprehensive management services for billing operations are offered to healthcare providers. The companys domain, goodbill.com, supports these functions across the region.

Goodbill's top competitors include USOP, Premera and Blue Cross and Blue Shield of Minnesota.

Goodbill offers 501(r) Discounts, Claim Reviews, and Member Experience.

Goodbill has 9 investors. Key investors include Founders' Co-op, Maveron, Liquid 2 Ventures, Christian Sutherland-Wong, and Dan Yoo.

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