Payerpath Overview

  • Year Founded
  • 1998

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 54

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $49M

Payerpath General Information

Description

Developer of a financial management software designed to streamline revenue cycles. The company's software provides claims management tools, insurance eligibility verification tools and remittance management features, enabling healthcare providers, hospital and payers to manage their financial books and records.

Contact Information

Website
www.payerpath.com
Formerly Known As
Brady Solutions Group
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 9030 Stony Point Parkway
  • Suite 440
  • Richmond, VA 23235
  • United States
Primary Industry
Other Healthcare Technology Systems
Acquirer
Misys Healthcare Systems
Vertical(s)
TMT
Corporate Office
  • 9030 Stony Point Parkway
  • Suite 440
  • Richmond, VA 23235
  • United States

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Payerpath Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 01-Feb-2006 $49M Completed Generating Revenue
4. Later Stage VC (Series D) 19-Nov-2003 Completed Generating Revenue
3. Later Stage VC (Series C) 30-Jan-2003 Completed Generating Revenue
2. Early Stage VC (Series B) 24-Jun-2002 $2.25M $8.45M Completed Generating Revenue
1. Early Stage VC (Series A) 01-Mar-2000 $6.2M $6.2M Completed Startup
To view Payerpath’s complete valuation and funding history, request access »

Payerpath Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A 14,400,000 $0.010000 3% $0.75 $0.75 1x $0.75 72%
To view Payerpath’s complete cap table history, request access »

Payerpath Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Payerpath Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Acacia Capital Partners Venture Capital Minority
Acacia Venture Partners Venture Capital Minority
Croft & Bender Investment Bank
Envest Private Equity PE/Buyout Minority
Marquette Venture Partners Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

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Payerpath FAQs

  • When was Payerpath founded?

    Payerpath was founded in 1998.

  • Where is Payerpath headquartered?

    Payerpath is headquartered in Richmond, VA.

  • What is the size of Payerpath?

    Payerpath has 54 total employees.

  • What industry is Payerpath in?

    Payerpath’s primary industry is Other Healthcare Technology Systems.

  • Is Payerpath a private or public company?

    Payerpath is a Private company.

  • What is the current valuation of Payerpath?

    The current valuation of Payerpath is .

  • What is Payerpath’s current revenue?

    The current revenue for Payerpath is .

  • How much funding has Payerpath raised over time?

    Payerpath has raised $9.2M.

  • Who are Payerpath’s investors?

    Acacia Capital Partners, Acacia Venture Partners, Croft & Bender, Envest Private Equity, and Marquette Venture Partners are 5 of 6 investors who have invested in Payerpath.

  • When was Payerpath acquired?

    Payerpath was acquired on 01-Feb-2006.

  • Who acquired Payerpath?

    Payerpath was acquired by Misys Healthcare Systems.

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