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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
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. 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $6.2M | - | - | |
| 2017 | Funding round | $6M | - | - | |
| 2014 | Funding round |
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.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
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| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for PatientPay Inc. yet.
PatientPay Inc. employs approximately 20 people as of 2026.
PatientPay Inc. generates an estimated $2.9M in annual revenue.
PatientPay Inc. was founded by Thomas Furr.
The CEO of PatientPay Inc. is Thomas Furr.
PatientPay Inc. raised $18.7M across 5 rounds.
PatientPay Inc. has 20 employees.
PatientPay Inc. is headquartered in Durham, North Carolina, United States.
PatientPay Inc. operates across multiple industries. Browse revenue, funding, and growth data for PatientPay Inc. in each sector below.
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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2024 Revenue
$2.9M(Est.)
Funding
$18.7M
Team
20
Founded
2008
| Year | Milestone | Source |
|---|---|---|
| 2024 | PatientPay Inc. Hit $2.9m revenue in October 2024 | Estimated |
| 2023 | PatientPay Inc. Hit $1.8m revenue in October 2023 | Estimated |
| 2021 | PatientPay Inc. Hit $1.3m revenue in April 2021 | |
| 2008 | Launched with $0 revenue |
| $2.5M |
| - |
| - |
| 2012 | Funding round | $3.5M | - | - |
| 2010 | Funding round | $483.8K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 20 employees (October 2024) | |
| 2023 | Reached 20 employees (October 2023) | |
| 2022 | Reached 18 employees (October 2022) | |
| 2021 | Reached 17 employees (December 2021) | |
| 2021 | Reached 24 employees (April 2021) |
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