About PayZen
PayZen is a company based in San Francisco (United States) founded in 2011 by Itzik Cohen and Tobias Mezger. PayZen has raised $72 million across 6 funding rounds from investors including Viola Group, NEA and 7wire Ventures. PayZen operates in a competitive market with competitors including Greenphire, Zelis Healthcare, Cedar, VisitPay and InstaMed, among others.
- Headquarter San Francisco, United States
- Founders Itzik Cohen, Tobias Mezger
- Stage Minicorn
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Sectors
HealthcareFinancial Services
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Email
Locked
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Phone
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Website
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Social
Locked
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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
$72 M (USD)
in 6 rounds
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Latest Funding Round
$200 M (USD), Debt – Conventional
Aug 13, 2024
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Investors
Viola Group
& 6 more
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Employee Count
Not available
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People of PayZen
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Funding Insights of PayZen
PayZen has successfully raised a total of $72M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 million completed in August 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.
Investors in PayZen
PayZen has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Viola Group, NEA and 7wire Ventures.
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Investments are made in early-stage technology companies globally.
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Venture capital investments are offered to startups by NEA.
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Tech focused early stage VC firm investing primarily in the US
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Investor details for PayZen
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Investments & Acquisitions by PayZen
Investment portfolio details for PayZen
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Financial Statements - PayZen
Detailed financials for PayZen
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Payzen Comparisons
Peer comparison for PayZen
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Competitors of PayZen
PayZen 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, VisitPay and InstaMed, 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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Cloud-based patient revenue management is delivered to healthcare providers.
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Healthcare bill payments are facilitated for providers and patients.
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Detailed competitors of PayZen
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Latest news on Payzen
Complete news archive for PayZen
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Frequently Asked Questions about PayZen
PayZen was founded in 2011 and raised its 1st funding round 10 years after it was founded.
PayZen is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Itzik Cohen is the current CEO of PayZen. They have also founded this company.
PayZen is a funded company, having raised a total of $72M across 6 funding rounds to date.
Founded in 2011 and based in San Francisco, United States, PayZen operates in the healthcare technology sector. AI-enabled solutions for patient payments and medical billing are provided to assist administrators in hospital operations. Revenue cycles are optimized, expenses are reduced, and cash flow is increased through these tools, supporting organizations in managing financial processes efficiently.
PayZen's top competitors include Greenphire, Cedar and Zelis Healthcare.
PayZen has 7 investors. Key investors include Viola Group, NEA, 7wire Ventures, SignalFire, and Link Ventures.
The valuation of PayZen is $200M as of Jun 2024.