PayMD Overview

  • Founded
  • 1996
  • Status
  • Out of Business
  • Employees
  • 15
  • Latest Deal Type
  • Out of Business

PayMD General Information


Provider of online dispute resolution services. The company offers web-assisted claim settlement services and handles various transactions that enables clients to resolve a range of insurance claims.

Contact Information

Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Other Insurance
Primary Office
  • 1700 East Putnam Avenue
  • Greenwich, CT 06870
  • United States
+1 (914) 000-0000
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PayMD Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Out of Business 01-Jan-2015 00.000 Completed Out of Business
7. Later Stage VC 10-Apr-2014 000.00 00.000 Completed Generating Revenue
6. Later Stage VC 14-Mar-2013 00000 00.000 Completed Generating Revenue
5. Later Stage VC 28-Jun-2011 00.000 00.000 Completed Generating Revenue
4. Later Stage VC 30-Dec-2010 00000 00.00 Completed Product Development
3. Later Stage VC 28-Jan-2010 00000 00.000 Completed Product Development
2. Later Stage VC (Series A) 11-Sep-2009 $260K $660K Completed Product Development
1. Convertible Debt 14-Oct-2008 $400K $400K Completed
To view PayMD’s complete valuation and funding history, request access »

PayMD Executive Team (8)

Name Title Board Seat Contact Info
Robert Ballou Chief Executive Officer, Chairman & President
Hemang Shah Chief Technology Officer
Charles Brofman Co-Founder
Allan Glick Senior Vice President
You’re viewing 4 of 8 executive team members. Get the full list »

PayMD Board Members (6)

Name Representing Role Since
Dennis Chookaszian Self Board Member 000 0000
Jerome Ginsburg Self Board Member 000 0000
Joshua Spiegel ESQ Self Board Member 000 0000
Michael Turillo Jr. Self Board Member 000 0000
William Clifford Spencer Trask & Co. Board Member 000 0000
You’re viewing 5 of 6 board members. Get the full list »

PayMD Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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