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Collectly

YC W17

San Francisco, US · Founded 2017 · 106 employees · Hiring · 18 known investors

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Collectly provides AI-powered automation for healthcare revenue cycle management and patient financial engagement. The platform integrates with existing EHR and practice management systems to reduce manual billing work, lower collection costs, and accelerate cash flow for medical groups, health systems, and healthcare payers.

AI & Machine LearningEnterprise SoftwareHealthtechPaymentsB2BHealthcareUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W17)

Collectly was founded in 2017 by Levon Brutyan and Max Mizotin.

LBLevon Brutyan
Levon BrutyanCEO & Co-FounderLevon Brutyan holds an MBA and J.D., with expertise in credit risk management, health tech, and B2B sales.
MMMax Mizotin
Max MizotinFounder
TA
Tat AjamyanAdvisor
AG
Andrew GoodingSenior Director of Client Operations
JK
Jessie KoesterVice President Revenue Ops
KL
Kevin LunnHead of Product

Investors · 18

Cabra VClisted by Cabra VCLimassol

How we know: Cabra VC's portfolio page · a partner's Signal profile · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

GoAhead Ventureslisted by GoAhead VenturesMenlo Park · $500K – $1M

How we know: the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Granatus Ventureslisted by Granatus VenturesYerevan

How we know: Granatus Ventures's portfolio page · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Invariantes Fundlisted by Invariantes FundGuatemala City
PID Fund I, a series of DV Collective, LPlisted by PID Fund I, a series of DV Collective, LP$100K – $3M

How we know: PID Fund I, a series of DV Collective, LP's portfolio page · Not right? Tell us

Sapphire Ventureslisted by Sapphire VenturesAustin · $5M – $20M

How we know: Sapphire Ventures's portfolio page · a partner's Signal profile · funding news · open dataset · 5k.vc investor directory · Not right? Tell us

Western Technology Investmentlisted by Western Technology InvestmentPortola Valley

How we know: Y Combinator's founder network · westerntech.com · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Andros15 VenturesreportedSeattle

How we know: Y Combinator's founder network · Not right? Tell us

Burst CapitalreportedSan Francisco · $100K – $2M

How we know: Y Combinator's founder network · Not right? Tell us

Davidovs Venture CollectivereportedSan Francisco · $100K – $3M

How we know: Y Combinator's founder network · Not right? Tell us

IT-Farm CorporationreportedTokyo

How we know: Y Combinator's founder network · Not right? Tell us

Lightspeed Venture PartnersreportedMenlo Park · $1M – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Onwave venturesreportedOakville · $75K – $750K

How we know: Y Combinator's founder network · Not right? Tell us

s16reportedLos Altos Hills

How we know: Y Combinator's founder network · Not right? Tell us

Starta AcceleratorreportedNew York · $500K

How we know: Y Combinator's founder network · Not right? Tell us

TMT Investmentsreported

How we know: Y Combinator's founder network · open dataset · 5k.vc investor directory · Not right? Tell us

Wayfinder VenturesreportedSan Francisco · $300K – $1M

How we know: Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

$29M disclosed across 1 of 2 rounds · 2017–2023

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

3 people who came through Collectly went on to found or lead other companies.

Oleg RogynskyyInvestorFounded Backstory +2Hrachik AjamianAdvisorFounded Pearch +1Anika ZamanDirector of ProductFounded Brevy

Related companies · 10

FuseFuse uses AI and automation to provide price transparency in US healthcare by determining accurate insurance benefits, detecting underpayments, and delivering cost estimates to patients before treatment. The company serves healthcare providers and patients seeking clarity on medical costs and payment accuracy.
CareCloudCareCloud develops cloud-based software, revenue cycle management services, and AI-powered tools for healthcare providers ranging from small practices to large hospital systems. The company's offerings include electronic health records, practice management systems, medical billing and coding services, telemedicine, remote patient monitoring, healthcare staffing, and consulting services designed to optimize clinical workflows, financial performance, and patient engagement.
MidenMiden builds modern payments infrastructure for businesses across Africa and beyond, offering compliant cross-border money movement and embedded banking solutions. The platform enables enterprises to launch and scale secure payment programs with regulatory licenses across multiple jurisdictions.
R1 RCMR1 provides revenue cycle management for US health systems, combining operational experience with AI and automation to help healthcare providers reduce costs, recover revenue, and improve operations. The company works with 95 of the top 100 US health systems.
BujetiBujeti is a financial operations platform that provides unified expense management, spending controls, and financial visibility for businesses. The platform targets African businesses seeking to consolidate fragmented finance tools into a single automated solution.
Enter HealthENTER provides healthcare payment solutions that help medical providers accelerate revenue collection and increase earnings through revenue cycle management and patient collections services.
LevroLevro provides a multicurrency account and payments platform that allows businesses to hold and transact in over 30 currencies at exchange rates significantly lower than traditional banks and money transfer services. The platform serves US and international companies with international customers, distributed payroll, or multi-country vendor payments, and includes features for currency hedging, recipient management, and payment reconciliation.
MalgaMalga provides a modular payment infrastructure and orchestration platform that enables companies to build customized payment flows with multiple processors and methods integrated in a single system. The platform serves online merchants and enterprises seeking to increase approval rates, reduce fraud, and consolidate payment operations.
StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Athenahealth IncCloud-based healthcare platform for clinical workflows

Companies working in the same space as Collectly.

Legal entities · 1

corporate structure
Collectly, Inc.

In the news

Collectly Raises $29M in Series A Fundingfinsmes.com · Jul 2023Collectly wants to make paying healthcare bills easier so medical providers don’t lose $200B | TechCrunchtechcrunch.com · Jul 2023

Frequently asked questions

What does Collectly do?
Collectly provides AI-powered automation for healthcare revenue cycle management and patient financial engagement. The platform integrates with existing EHR and practice management systems to reduce manual billing work, lower collection costs, and accelerate cash flow for medical groups, health systems, and healthcare payers.
Who founded Collectly?
Collectly was founded by Levon Brutyan, Max Mizotin in 2017.
Who are Collectly's investors?
Collectly's investors include Cabra VC, GoAhead Ventures, Granatus Ventures, Invariantes Fund, PID Fund I, a series of DV Collective, LP, Sapphire Ventures, Western Technology Investment, Y Combinator and 10 more.
How much funding has Collectly raised?
Collectly has disclosed $29M raised across 1 of its 2 known rounds.
Where is Collectly headquartered?
Collectly is headquartered in San Francisco, US.