Paytient: Raises $$40.5M in Series B Funding

Paytient Raises $$40.5M in Series B Funding

  • Paytient, a Columbia, MO-based provider of Health Payment Accounts (HPAs), raised $40.5M Series B funding
  • The round was comprised of $33M in equity from new and existing investors and $7.5M in debt from Silicon Valley Bank
  • The company intends to use the funds to scale growth and product development in 2023 and beyond
  • The company provides a Health Payment Accounts (HPAs), a sponsored benefit that makes it easier to pay for out-of-pocket healthcare expenses
  • Today, the company has nearly 700 enterprise partners nationwide—including noteworthy carriers and employers such as Centene, Cigna, Coupe Health, Beta Health, and R.R. Donnelley
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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