Scratchpay Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
97
- Latest Deal Type
-
Later Stage VC
- Investors
-
13
Scratchpay General Information
Description
Operator of payment processing, patient financing, and patient communication platform intended for veterinary and medical practices. The company's platform operationalizes payments and allows practices to transact and interact with their clients in person and remotely, enabling dental and other medical practices of all sizes to access payment plans without long-term commitments.
Contact Information
Website
www.scratchpay.comCorporate Office
- 225 South Lake Avenue
- Suite 250
- Pasadena, CA 91101
- United States
Corporate Office
- 225 South Lake Avenue
- Suite 250
- Pasadena, CA 91101
- United States
Scratchpay Timeline
Scratchpay Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC | 08-Aug-2024 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 05-May-2023 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 16-Jun-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 01-Aug-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 12-Jun-2018 | Completed | Generating Revenue | |||
| 2. Grant | 15-Feb-2018 | $25K | $1.67M | Completed | Generating Revenue | |
| 1. Seed Round | 20-Apr-2017 | $1.67M | $1.67M | Completed | Generating Revenue |
Scratchpay Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C2 | ||||||||
| Series C1 | ||||||||
| Series B | ||||||||
| Series A | 3,668,325 | $0.000100 | 8% | $1.75 | $1.75 | 1x | $1.75 | 9.29% |
| Seed | 2,651,571 | $0.000100 | 8% | $0.82 | $0.82 | 0x | $0.82 | 6.72% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Scratchpay Comparisons
Industry
Financing
Details
Scratchpay Competitors (10)
One of Scratchpay’s 10 competitors is SwipeSimple, a Private Equity-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SwipeSimple | Private Equity-Backed | New York, NY | ||||
| LendKey | Venture Capital-Backed | Cincinnati, OH | ||||
| Cherry | Venture Capital-Backed | San Francisco, CA | ||||
| GreenSky | Private Equity-Backed | Atlanta, GA | ||||
| CareCredit | Corporation | Costa Mesa, CA |
Scratchpay Signals
Scratchpay Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Norwest | Venture Capital | Minority | ||
| Alumni Ventures | Venture Capital | Minority | ||
| Avenue Asset Management | Asset Manager | Minority | ||
| Chestnut Street Ventures | Venture Capital | Minority | ||
| FJ Labs | Venture Capital | Minority |
Scratchpay FAQs
-
When was Scratchpay founded?
Scratchpay was founded in 2016.
-
Where is Scratchpay headquartered?
Scratchpay is headquartered in Pasadena, CA.
-
What is the size of Scratchpay?
Scratchpay has 97 total employees.
-
What industry is Scratchpay in?
Scratchpay’s primary industry is Financial Software.
-
Is Scratchpay a private or public company?
Scratchpay is a Private company.
-
What is Scratchpay’s current revenue?
The current revenue for Scratchpay is .
-
How much funding has Scratchpay raised over time?
Scratchpay has raised $108M.
-
Who are Scratchpay’s investors?
Norwest, Alumni Ventures, Avenue Asset Management, Chestnut Street Ventures, and FJ Labs are 5 of 13 investors who have invested in Scratchpay.
-
Who are Scratchpay’s competitors?
SwipeSimple, LendKey, Cherry, GreenSky, and CareCredit are some of the 10 competitors of Scratchpay.
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