PayZen: Funding, Investors & Team (Oct 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 $15M 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.
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PayZen's latest round of $200M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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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 $15M median round size for Financial Services companies on FundedIQ across 5,752 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.
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