About Payspan
Payspan is a company based in Atlanta (United States) founded in 1985 was acquired by Zelis Healthcare in November 2022. Payspan has raised $47.26 million across 7 funding rounds from investors including Zelis Healthcare, Primus Capital and ABS Capital. The company has 165 employees as of December 31, 2022. Payspan operates in a competitive market with competitors including MiyaHealth, Enlace Health, Rialtic, Free Market Health and HMM Deutschland, among others.
- Headquarter Atlanta, United States
- Employees 165 as on 31 Dec, 2022
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Payspan Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$47.26 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
Zelis Healthcare
& 5 more
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Employee Count
165
as on Dec 31, 2022
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Acquired by
Zelis Healthcare
(Nov 09, 2022)
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People of Payspan
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Funding Insights of Payspan
Payspan has successfully raised a total of $47.26M across 7 strategic funding rounds. 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 Payspan
Payspan has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Zelis Healthcare, Primus Capital and ABS Capital.
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Private equity investments are directed toward the US and Canada.
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VC firm investing in expansion stage tech and life sciences companies in the US
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Investor details for Payspan
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Investments & Acquisitions by Payspan
Investment portfolio details for Payspan
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Financial Statements - Payspan
Detailed financials for Payspan
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Payspan Comparisons
Peer comparison for Payspan
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Competitors of Payspan
Payspan 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 MiyaHealth, Enlace Health, Rialtic, Free Market Health and HMM Deutschland, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital medical cost management solution for payors and employers
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Provider of data analytics and other IT infrastructure management services
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Payment solutions for healthcare sectors
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Digital medication cost analysis and management tool for payers and pharmacies
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Provider of halthcare billing solutions for healthcare sectors
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Detailed competitors of Payspan
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Latest news on Payspan
Complete news archive for Payspan
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Frequently Asked Questions about Payspan
Payspan was founded in 1985 and raised its 1st funding round 15 years after it was founded.
Payspan is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Payspan is a funded company, having raised a total of $47.26M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Payspan is 165.
Payspan is a provider of healthcare reimbursement and payment automation. The company claims it securely transfer healthcare payments and facilitate alternative reimbursement strategies. Payer solutions include Core Payer Network, electronic payments platform, Payer enterprise platform, an end-to-end RCM solution; Premium Payments, which provides functionality for invoicing, collecting, and reporting; Member Liability, which allows members to make online payments and Unified Benefits Card.
Payspan's top competitors include Free Market Health, Enlace Health and MiyaHealth.
Payspan has 6 investors. Key investors include Zelis Healthcare, Primus Capital, ABS Capital, Stonehenge Growth Equity Partners, and HLM Venture Partners.