Overview

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Total Equity Funding
$37.8M in 4 Rounds from 11 Investors
Most Recent Funding
$20M Series C on May 9, 2016
Headquarters:
Palo Alto, CA
Description:
Simplee® | Transforming the Patient Financial Experience
Founders:
, ,
Categories:
Health Care, SaaS, Financial Services, Enterprise Software, FinTech, Payments
Website:
http://simplee.com
Social:

Company Details

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Simplee® is transforming the patient financial experience.

The Simplee Financial Engagement™ software platform is healthcare’s first patient engagement solution unifying hospital and physician estimates, statements, payments, and credit. Since launching its enterprise platform in 2013, Simplee now works with nearly 900 hospitals and physician groups, and 5 million patients across the US representing over $1 billion in annual payments.

The nation’s leading health systems and community hospitals use Simplee to transform their patient financial experience, achieving higher patient satisfaction, greater payment success, and lower costs. On average, Simplee customers achieve net promoter scores 4x the healthcare norm for billing and payment experience, a 50% higher adoption of digital engagement benefiting revenue cycle and marketing initiatives, and a 3x return on investment driven by lower costs and higher net collections.

Funding Rounds (4) - $37.8M

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DateAmount / RoundValuationLead InvestorInvestors
May, 2016$20M / Series C4
Sep, 2013$10M / Series B3
May, 2012$6M / Series A2
Apr, 2011$1.8M / Seed7

Current Team (6)

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Board Members and Advisors (3)

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Products (3)

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  • Credit option of Simplee® Financial Engagement Platform for Healthcare
  • Estimate option of Simplee® Financial Engagement Platform for Healthcare
  • Billing and Payment option of Simplee® Financial Engagement Platform for Healthcare

Competitors (2)

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  • revenue and payment cycle management
  • RelayHealth provides the connectivity and solutions that enable constituents across healthcare to exchange information securely and

Customers (3)

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Partners (4)

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  • Wells Fargo & Company is a diversified financial services company with $1.3 trillion in assets, providing banking, insurance, investments,
  • Vantiv is a provider of payment strategies and technology solutions for financial institutions and businesses.
  • Visa is an American multinational financial services company that facilitates electronic payment systems throughout the world.
  • PayPal provides online payment solutions to its users worldwide.

Offices/Locations (1)

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  • Headquarters

    480 S California Ave

    Suite 301

    Palo Alto, CA 94306

    USA

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