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2024 Revenue

$2.9M

Funding

$18.7M

YOY

61.4%

Team

20

Founded

2008

How PatientPay Inc. CEO Thomas Furr grew to $2.9M revenue with a 20 person team in 2024.

Provider of patient billing and payment system created to deliver products and services designed for today's healthcare needs. The company develops a cloud-based patient billing and payment platform that automatically posts those payments to the proper balances in user system, just like your insurance payments, collect more payments and eliminate the time-consuming and manual steps without disrupting workflow, offering patients a simple way to manage their healthcare-related financial obligations.

Last updated

PatientPay Inc. Revenue

In 2024, PatientPay Inc.'s revenue reached $2.9M. The company previously reported $1.8M in 2023. Since its launch in 2008, PatientPay Inc. has shown consistent revenue growth.

PatientPay Inc. Revenue GrowthReported revenue / ARR over time$0$750K$1.5M$2.3M$3M$3.8M200820102012201420162018202020222024$0$1.3M$2.9MSource: GetLatka.com
YearMilestoneQuote
2024PatientPay Inc. Hit $2.9m revenue in October 2024
2023PatientPay Inc. Hit $1.8m revenue in October 2023
2021PatientPay Inc. Hit $1.3m revenue in April 2021
2008Launched with $0 revenue

PatientPay Inc. Valuation, Funding Rounds

PatientPay Inc. has not publicly disclosed its valuation. The company has raised $18.7M in total funding to date.

PatientPay Inc. has raised $18.7M in total funding across 5 rounds, with its most recent round in 2020.

PatientPay Inc. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M2008201020122014201620182020Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$6.2M--
2017Funding round$6M--
2014Funding round$2.5M--
2012Funding round$3.5M--
2010Funding round$483.8K--

Founder / CEO

Thomas Furr

CEO

Founder and CEO since January 2009 to present. Founded in 2008, PatientPay recognized that there were simpler ways for patients to pay their bills and for physicians to collect them. It saw that what was commonplace at retail and in e-commerce hadn't been done for the healthcare industry and those it served.

Q&A

QuestionAnswer
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Advice for 20 year old self-

Customers

We do not have customer count information for PatientPay Inc. yet.

PatientPay Inc. Employees & Team Size

PatientPay Inc. employs approximately 20 people as of 2026.

PatientPay Inc. Team GrowthReported headcount over time0612182430200820102012201420162018202020222024002020Source: GetLatka.com
YearMilestone
2024Reached 20 employees (October 2024)
2023Reached 20 employees (October 2023)
2022Reached 18 employees (October 2022)
2021Reached 17 employees (December 2021)
2021Reached 24 employees (April 2021)

Frequently Asked Questions about PatientPay Inc.

What is PatientPay Inc.'s revenue?

PatientPay Inc. generates an estimated $2.9M in annual revenue.

Who founded PatientPay Inc.?

PatientPay Inc. was founded by Thomas Furr.

Who is the CEO of PatientPay Inc.?

The CEO of PatientPay Inc. is Thomas Furr.

How much funding does PatientPay Inc. have?

PatientPay Inc. raised $18.7M across 5 rounds.

How many employees does PatientPay Inc. have?

PatientPay Inc. has 20 employees.

Where is PatientPay Inc. headquarters?

PatientPay Inc. is headquartered in Durham, North Carolina, United States.

Compare PatientPay Inc. to the industry

PatientPay Inc. operates across multiple industries. Browse revenue, funding, and growth data for PatientPay Inc. in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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PatientPay Inc. Revenue 2024: $2.9M ARR, $18.7M Raised