Simplee, a Palo Alto, Calif.-based enterprise cloud platform for patient payments, raised $10m in Series B funding.
The round was led by Heritage Group with participation from existing investors The Social+Capital Partnership and Greylock IL. In conjunction with the funding, Paul Wallace, managing director at Heritage Group, joined Simplee’s board of directors.
The company intends to use the funds to grow the team, and expand sales and marketing efforts.
Led by Tomer Shoval, co-founder and CEO, Simplee provides healthcare providers with Simplee®PAY, an enterprise cloud platform for patient payments. The company also offers Simplee®Wallet, a complementary service for consumers to create a centralized place to pay all family medical bills based on their insurance accounts.