About Statpay.MD
Statpay.MD is a company based in Chicago (United States) founded in 2012 was acquired by SwervePay in April 2016.. Statpay.MD has raised $1.7 million across 3 funding rounds from investors including SwervePay and Blueprint Health. Statpay.MD operates in a competitive market with competitors including Greenphire, Cedar, Zelis Healthcare, PayZen and Alegeus, among others.
- Headquarter Chicago, United States
-
Sectors
HealthcareFinancial Services
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Statpay.MD
Statpay.MD has successfully raised a total of $1.7M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $848.5 thousand completed in May 2015. 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 3
- Last Round Unspecified — $848,500
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Unspecified - Statpay.MD | Valuation |
investors |
|
| Apr, 2015 | Amount | Seed - Statpay.MD | Valuation |
investors |
|
| Jul, 2012 | Amount | Seed - Statpay.MD | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Statpay.MD
Statpay.MD has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SwervePay and Blueprint Health. 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 |
|---|---|---|---|---|
|
A community of healthcare entrepreneurs is supported by Blueprint Health.
|
Founded Year | Domain | Location | |
|
EMR integrated patient-centric payment solution using text messages
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Statpay.MD
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Statpay.MD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Statpay.Md Comparisons
Competitors of Statpay.MD
Statpay.MD 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, Cedar, Zelis Healthcare, PayZen and Alegeus, 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 |
Clinical payment technology for patient transactions in research is provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based payment solutions are provided for healthcare billing and analytics.
|
|
| domain | founded_year | HQ Location |
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
|
|
| domain | founded_year | HQ Location |
AI medical billing software for healthcare professionals and organizations
|
|
| domain | founded_year | HQ Location |
Healthcare benefits are administered via tax-advantaged account platforms.
|
|
| domain | founded_year | HQ Location |
Revenue cycle management platform for healthcare centers is offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Statpay.MD
When was Statpay.MD founded?
Statpay.MD was founded in 2012.
Where is Statpay.MD located?
Statpay.MD is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Statpay.MD a funded company?
Statpay.MD is a funded company, having raised a total of $1.7M across 3 funding rounds to date.
What does Statpay.MD do?
Statpay.MD was founded in 2012 in Chicago, United States, focusing on payment transparency within the healthcare sector. Solutions are provided to healthcare providers through products such as StatPay.MD, which determines out-of-pocket costs based on individual insurance details, and merchant accounts for handling patient payments. The company, previously known as Symbiosis Health, was acquired by SwervePay in April 2016.
Who are the top competitors of Statpay.MD?
Statpay.MD's top competitors include Greenphire, Cedar and PayZen.
Who are Statpay.MD's investors?
Statpay.MD has 2 investors. Key investors include SwervePay, and Blueprint Health.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.