InstaMed Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 145

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 17

InstaMed General Information

Description

Developer of a healthcare payments platform designed to connect providers, payers, and consumers. The company offers payment processing, medical billing automation, claims management, electronic remittance advice, and mobile wallet applications, enabling healthcare organizations to reduce the cost and complexity of collecting payments while improving the consumer experience.

Contact Information

Website
www.instamed.com
Formerly Known As
Instamed Holdings
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • 1880 John F Kennedy Boulevard
  • 12th Floor
  • Philadelphia, PA 19103
  • United States
+1 (215)
Primary Industry
Financial Software
Other Industries
Enterprise Systems (Healthcare)
Parent Company
JP Morgan Chase
Vertical(s)
SaaS, FinTech, B2B Payments
Corporate Office
  • 1880 John F Kennedy Boulevard
  • 12th Floor
  • Philadelphia, PA 19103
  • United States
+1 (215)

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InstaMed Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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InstaMed Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a healthcare payments platform designed to connect providers, payers, and consumers. The company offers pay
Financial Software
Philadelphia, PA
145 As of 2026

Corona Del Mar, CA
 

New York, NY
 
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InstaMed Competitors (24)

One of InstaMed’s 24 competitors is Tebra Technologies, a Private Equity-Backed company based in Corona Del Mar, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Tebra Technologies Private Equity-Backed Corona Del Mar, CA
Cedar (Enterprise Systems (Healthcare)) Private Equity-Backed New York, NY
Inbox Health Venture Capital-Backed New Haven, CT
Eligible Venture Capital-Backed New York, NY
Redox (Enterprise Systems) Venture Capital-Backed Madison, WI
You’re viewing 5 of 24 competitors. Get the full list »

InstaMed Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

InstaMed Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20160328729-A1 Systems and methods for providing a consumer discount Inactive 08-May-2015
US-20090157435-A1 System and method of accelerated health care claim payment Inactive 14-Dec-2007
US-20070106607-A1 Process for linked healthcare and financial transaction initiation Active 04-Nov-2005
US-20120296815-A1 Process for linked healthcare and financial transaction initiation Active 04-Nov-2005
US-20140074500-A1 Process for linked healthcare and financial transaction initiation Inactive 04-Nov-2005 G06Q20/102
To view InstaMed’s complete patent history, request access »

InstaMed 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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InstaMed Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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InstaMed FAQs

  • When was InstaMed founded?

    InstaMed was founded in 2004.

  • Where is InstaMed headquartered?

    InstaMed is headquartered in Philadelphia, PA.

  • What is the size of InstaMed?

    InstaMed has 145 total employees.

  • What industry is InstaMed in?

    InstaMed’s primary industry is Financial Software.

  • Is InstaMed a private or public company?

    InstaMed is a Private company.

  • What is the current valuation of InstaMed?

    The current valuation of InstaMed is .

  • What is InstaMed’s current revenue?

    The current revenue for InstaMed is .

  • How much funding has InstaMed raised over time?

    InstaMed has raised $115M.

  • Who are InstaMed’s investors?

    Ashby Point Capital, Baleon Capital, Ben Franklin Technology Partners of Southeastern Pennsylvania, Carrick Capital Partners, and ESO Fund are 5 of 11 investors who have invested in InstaMed.

  • Who are InstaMed’s competitors?

    Tebra Technologies, Cedar (Enterprise Systems (Healthcare)), Inbox Health, Eligible, and Redox (Enterprise Systems) are some of the 24 competitors of InstaMed.

  • When was InstaMed acquired?

    InstaMed was acquired on 24-Jul-2019.

  • Who acquired InstaMed?

    InstaMed was acquired by JP Morgan Chase.

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