PayMedix

PayMedix

Private
Milwaukee, WisconsinFinTechhttps://www.paymedix.com

Last Round

Growth Equity

and Debt

Jan 13, 2026

Total Funding Raised

$33M

Company Overview

PayMedix is a fintech company that provides a healthcare payment platform to simplify billing, guarantee payments to providers, and offer credit to patients for out-of-pocket costs.

Sector

FinTech

Verticals

Revenue Cycle, Lending & Credit, BNPL, Digital Payments, Patient Engagement

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Subscription SaaS

AI Layer

Non-AI

Keywords

patient financingguaranteed provider paymenthealthcare BNPLinterest-free payment plansmedical bill financingrevenue cycle managementRCMhealthcare fintechconsolidated patient billingSuperEOBprovider bad debt reductionpatient payment platformfinancial wellness benefitTPA integrationTempoPay

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PayMedix Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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PayMedix Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Growth Equity and DebtJan 13, 2026
VC RoundJan 25, 2023
Growth EquityFeb 3, 2021

Key People

Founding team and executive leadership

Augusto Ruiz-Eldredge

Chief Operating Officer

Executive Team

PayMedix Investors

Notable investors and investment history

InvestorRounds
SV Health InvestorsVC Round, Growth Equity and Debt, Growth Equity
HLM Investment PartnersGrowth Equity and Debt
HLM Investment PartnersGrowth Equity and Debt
Escalate Capital PartnersGrowth Equity and Debt
SVB CapitalVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 31, 2026

    Partnered with Marshfield Clinic Health System.

  • Feb 18, 2026

    Received the 2026 Health Value Award in healthcare finance.

PayMedix Filings

SEC and related filings with document metadata.

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PayMedix Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about PayMedix's valuation, stock price, and market status.

Firmographic Details

HeadquartersMilwaukee, Wisconsin
Employee Range19
Year Founded2008
Last FundingJan 13, 2026

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