Wellpay offers a financial-technology platform powered by machine learning that enables patients to securely pay medical bills and upload bills they wish to pay over time. The platform negotiates with providers, facilitates disputes, or provides zero-interest, zero-fees payment plans, and handles payment plans, bill management, and communication via the platform. For medical providers—including urgent care centers, dentists, primary care physicians, OB-GYNs, psychiatrists, chiropractors and more—Wellpay aims to eliminate the burden of patient payment efforts. The company is led by CEO and co-founder Mohammad Gaber. Wellpay raised $3.8M in funding and intends to use the proceeds to launch its service earlier than originally planned to support increased demand from patients and providers across America. Backers included 8vc, Mubadala Capital-Ventures, Montage Ventures, TTCER and Advisors.fund.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2020