Sunday, October 20, 2024
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PayGround: Raises $5.5M in Funding

PayGround Raises $5.5M in Funding

  • PayGround, a Gilbert, AZ-based healthcare fintech payments platform, closed a $5.5M funding round
  • The round was led by FCA Venture Partners and Lewis & Clark Ventures with participation from existing investors, Triventures and notable angel investors
  • The company intends to use the funds to expand into new markets, invest in new marketing campaigns and enhance the platform’s features
  • The company enables patients to manage bills from all providers in one platform
  • All a patient needs to do is take a picture of their bill, select their payment method and click pay in the Pay Ground mobile app
  • The platform also streamlines the collections process for healthcare providers

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