PayZen
San Francisco, US · Founded 2019 · Delaware corporation · 119 employees on LinkedIn · 10 known investors
PayZen provides AI-powered, interest-free patient financing that lets patients pay medical bills over time through personalized payment plans, with pre-built EHR integrations and automated servicing for providers. It serves hospitals and health systems of all sizes, aiming to improve patient affordability while increasing provider collections.
Also known as PayZen
Founders & leadership
PayZen was founded in 2019 by Tobias Mezger, Isaac Cohen, Ariel Rosenthal, and Itzik Cohen.
Board
Investors · 10
Reported raises · per SEC filings
Form D private placements$43.6M disclosed across 2 rounds · 2022–2024
▶$29MraisedSep 2024 · 9 investors · Other TechnologyRule 506(b)
- Lee ShapiroDirector
- Tobias MezgerExecutive Officer, Director
- Isaac CohenExecutive Officer, Director
- Omry Ben-DavidDirector
- Christopher ScogginsDirector
- Antonio MartinoExecutive Officer
- Kevin RobertsDirector
- Mohamad MakhzoumiDirector
- Offering amount
- $32M
- Amount sold
- $29M
- First sale
- Jun 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$14.6MraisedDec 2022 · 11 investors · Other TechnologyRule 506(b)
- Kevin RobertsDirector
- Isaac CohenExecutive Officer, Director
- Omry Ben DavidDirector
- Tobias MezgerExecutive Officer, Director
- Chris ScogginsDirector
- Offering amount
- $18M
- Amount sold
- $14.6M
- First sale
- Nov 2022
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026PayZen provides patient financing technology for hospitals and health systems, allowing patients to pay medical bills over time through personalized, interest-free and fee-free payment plans. Plans are sized to each patient's assessed ability to repay, with underwriting driven by AI models that draw on more than 30,000 data points. Patients can enroll in under a minute through an embedded self-service payment experience, or through provider staff using the same offers.
The platform includes several products: a Pre-Service Care Card for financing care before and during recurring treatment and increasing point-of-service collections; Post-Service Payment Plans as an alternative to sending balances to collections; Balance Sheet Boost, which transfers a provider's existing book of payment plans to PayZen in exchange for immediate cash flow; and Financial Assistance Automation for presumptive screening and patient application workflows, described as coming soon. The company states its longer-term aim is a broader data-driven affordability platform that automates manual revenue cycle processes rather than only splitting balances into monthly payments.
Business model
PayZen contracts with healthcare providers to embed financing into their billing and payment workflows, funding and servicing interest-free, fee-free patient payment plans on the providers' behalf and, under Balance Sheet Boost, taking on providers' existing payment plan books in exchange for upfront cash flow.
Traction
The company reports an average collection lift of about 30% for providers after implementation, a patient Net Promoter Score 50% higher than other patient financing companies, roughly 10% lower cost to collect, and a 78% enrollment success rate. Named provider references include Marshall Medical Center, Allegiance Health Management and North Sunflower Medical Center.
Latest developments
PayZen published a Healthcare Affordability Report focused on the provider perspective for 2026, drawing on responses from more than 1,000 patients, which reports that 38% of patients delay care due to cost. A Financial Assistance Automation product for presumptive screening and application workflows is announced as coming soon.
▸Full profile — market position, technology, go-to-market
Market position
Positioned as a patient financing provider for hospitals and health systems that is expanding into a broader patient affordability and revenue cycle automation platform.
PayZen contrasts its personalized, ability-to-pay-based plans with the standardized, predefined plans it attributes to other patient financing providers, and emphasizes always interest-free and fee-free terms, sub-minute enrollment, zero IT cost, pre-built EHR integrations and a roughly four-week implementation timeline.
Technology
AI-based underwriting using more than 30,000 data points to generate personalized payment offers, combined with an embedded digital self-service enrollment flow, automated servicing, and pre-built integrations with Epic, Cerner and other major EHR/EMR systems requiring no provider IT investment.
Go-to-market
Sold to provider revenue cycle and patient access leaders, with financing embedded into patient-facing digital payment experiences and staff workflows; marketing includes customer case studies with organizations such as Marshall Medical Center, Allegiance Health Management and North Sunflower Medical Center, plus an annual healthcare affordability research report.
Hospitals and health systems of all sizes, from community hospitals to large integrated delivery networks, and their patients.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 9
by search overlap
Companies competing with PayZen for the same Google search keywords, organic and paid, via search-intersection analysis.
Legal entities · 1
corporate structureIn the news
▸Research sources · 1
primary sources listed
- PayZenpayzen.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does PayZen do?
- PayZen offers AI-driven, interest-free patient financing embedded in hospital billing and EHR workflows.
- Who founded PayZen?
- PayZen was founded by Tobias Mezger, Isaac Cohen, Ariel Rosenthal, Itzik Cohen in 2019.
- Who are PayZen's investors?
- PayZen's investors include 7wire Ventures, SignalFire, Corewell Health Ventures, Haymaker Ventures, Link Ventures, Lorimer Ventures, New Enterprise Associates (NEA), Next Play Ventures and 2 more.
- How much funding has PayZen raised?
- PayZen has disclosed $43.6M raised across 2 rounds.
- Where is PayZen headquartered?
- PayZen is headquartered in San Francisco, US.