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PayMedix

PayMedix

Private
Milwaukee, WisconsinFinTechhttps://paymedix.com/

Last Round

Growth Equity

Jan 13, 2026

Total Funding Raised

$16M

Momentum

Top 25%

of companies Caplight tracks

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, Digital Payments, Patient Engagement, Lending & Credit

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Subscription SaaS

AI Layer

Non-AI

Keywords

revenue cycle managementRCMpatient financingmedical bill consolidationhealthcare paymentspatient collectionsguaranteed paymentmedical billingpatient engagementfintechbuy now pay laterBNPLhealth techpayment processingbad debt reduction

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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PayMedix Comps

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

PayMedix comps — public and private peers by 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

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquityJan 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

PayMedix investors
InvestorRounds
SV Health InvestorsVC Round, Growth Equity
Caltius Equity PartnersVC Round
HLM Investment PartnersGrowth Equity
HLM Investment PartnersGrowth Equity
Escalate Capital PartnersGrowth Equity
SVB CapitalVC Round
SvbventuresVC 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.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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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 Range21
Year Founded2005
Last FundingJan 13, 2026

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