About Payerpath
Payerpath is a company based in Richmond (United States) founded in 1998 was acquired by Allscripts in June 2006.. Payerpath has raised $6.2 million across 1 funding round from investors including Finastra, Acacia Venture Partners and Salix Ventures. Payerpath operates in a competitive market with competitors including iMedX, Xifin, Infinx, AKASA and R1 RCM, among others.
- Headquarter Richmond, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.2 M (USD)
in 1 rounds
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Latest Funding Round
$6.2 M (USD), Series A
Mar 02, 2000
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Investors
Finastra
& 3 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Payerpath
Payerpath has successfully raised a total of $6.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.2 million completed in March 2000. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $6.2M
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First Round
First Round
(02 Mar 2000)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2000 | Amount | Series A - Payerpath | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Payerpath
Payerpath has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Finastra, Acacia Venture Partners and Salix Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Offers healthcare data analytics, tech platforms, and networks for providers and payers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Payerpath
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Payerpath
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Payerpath Comparisons
Competitors of Payerpath
Payerpath 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 iMedX, Xifin, Infinx, AKASA and R1 RCM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Revenue cycle management platform is provided to healthcare providers.
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| domain | founded_year | HQ Location |
Cloud-based billing & revenue cycle management solutions for diagnostic service providers
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| domain | founded_year | HQ Location |
Revenue cycle management platform for healthcare is provided.
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| domain | founded_year | HQ Location |
Revenue cycle automation platforms are provided for healthcare reimbursement.
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| domain | founded_year | HQ Location |
End-to-end revenue cycle management is provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Billing solutions for dentists are provided by Zentist.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Payerpath
Frequently Asked Questions about Payerpath
When was Payerpath founded?
Payerpath was founded in 1998 and raised its 1st funding round 2 years after it was founded.
Where is Payerpath located?
Payerpath is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Is Payerpath a funded company?
Payerpath is a funded company, having raised a total of $6.2M across 1 funding round to date. The company's 1st funding round was a Series A of $6.2M, raised on Mar 02, 2000.
What does Payerpath do?
Founded in 1998 and based in Richmond, United States, Payerpath operates in the healthcare sector by delivering web-based revenue cycle management software and services to providers and payers. Claims processing, electronic medical claim systems, billing and coding applications, and insurance claim handling are included among its offerings. Funding of 6.2 million was secured in 2000 from investors such as Marquette Venture Partners. Acquisition by Allscripts Healthcare Solutions occurred in 2006.
Who are the top competitors of Payerpath?
Payerpath's top competitors include R1 RCM, AKASA and ABI Health.
Who are Payerpath's investors?
Payerpath has 4 investors. Key investors include Finastra, Acacia Venture Partners, Salix Ventures, and Allscripts.
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