Simplee, a Palo Alto, Calif.-based fintech startup for healthcare, raised $20m in Series C funding.
The round was led by Social Capital, with participation from existing investors 83 North and Heritage Group, and new investor American Express Ventures.
The company will use the funds to continue to expand operations.
Led by CEO and co-founder Tomer Shoval, Simplee provides a financial engagement software platform unifying for patient engagement, billing, estimates, payment, point-of-service, and financing tools.
Launched in 2013, the enterprise platform now works with nearly 900 hospitals and physician groups, and 5 million patients across the US representing over $1 billion in annual payments.