PayZen: Funding, Investors & Team (Aug 2026)
PayZen is a healthcare fintech startup founded in San Francisco in 2019, with a mission to address the issue of increasing patient payment responsibilities in the healthcare industry. The company's advanced technology and innovative approach allow patients to conveniently and transparently pay their out-of-pocket medical bills over time. PayZen aims to help medical providers focus on delivering healthcare services rather than financial services, ultimately resulting in improved financial outcomes for both patients and providers through Smart Medical Payment Plans and Non-Recourse Patient Financing.
PayZen has raised $420M across 4 funding rounds on record, the most recent an undisclosed round of $200M announced in Aug 2024.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
PayZen Company Profile and Key Stats
Latest funding round on record: Aug 2024.
PayZen Funding Rounds
PayZen raised $5.0M in a Seed announced in Feb 2021.
9 months later, a Series A of $15.0M was announced in Nov 2021.
1 years later, an undisclosed round of $200M was announced in Nov 2022.
1.8 years later, an undisclosed round of $200M was announced in Aug 2024.
PayZen Founders and Leadership Team
Contact details for the PayZen team: 3 of 3 have an email address on file.
Start 14-day free trial →PayZen Funding Compared to Other Financial Services Startups
PayZen's latest round of $200M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like PayZen in Financial Services and San Francisco
Companies Similar to PayZen
RQD Clearing provides correspondent clearing services that fulfill brokers' technological and business model…
Standard Metrics is a financial platform for startups and investors.
Axela Technologies improves and automates the collection process for a variety of illiquid, esoteric real…
Edge Focus develops and operates an advanced fintech platform in the area of investment management.
An open platform for customer-permitted insurance data is called Axle. Axle enables customers to safely link…
The Strivve Platform makes use of pioneering automation technology that allows for the immediate addition of…
CAIS is a monetary innovation stage, giving free monetary guides admittance to top-level supervisors of…
Provable Markets is a financial services firm that provides market participants with a secure, centralized…
PEX Card is a corporate prepaid card solution provider for small and medium sized companies to control…
Our purpose is to accelerate the games industry’s shift from a platform oligopoly to a competitive…
Epic Markets is a financial technology and retail brokerage firm built to deliver institutional-grade trading…
Lumin Digital provides cloud-based digital banking services to financial institutions.
PayZen Funding FAQs
What does PayZen do?
PayZen is a healthcare fintech startup founded in San Francisco in 2019, with a mission to address the issue of increasing patient payment responsibilities in the healthcare industry. The company's advanced technology and innovative approach allow patients to conveniently and transparently pay their out-of-pocket medical bills over time. PayZen aims to help medical providers focus on delivering healthcare services rather than financial services, ultimately resulting in improved financial outcomes for both patients and providers through Smart Medical Payment Plans and Non-Recourse Patient Financing.
How much funding has PayZen raised?
PayZen has raised $420M across 4 rounds on record. The most recent is an undisclosed round of $200M announced in Aug 2024.
When did PayZen last raise funding?
PayZen's most recent funding round on record is an undisclosed round of $200M, announced in Aug 2024.
Who founded PayZen?
FundedIQ lists Ariel Rosenthal (Founder), Tobias Mezger (Founder) at PayZen.
Who is the CEO of PayZen?
Itzik Cohen is listed as CEO at PayZen.
Where is PayZen headquartered?
PayZen is based in San Francisco, California, United States.
How many employees does PayZen have?
PayZen is in the 51-100 employee band.
How does PayZen's funding compare to other Financial Services startups?
PayZen's latest round of $200M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's PayZen Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PayZen is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.