Healthcare payments platform raises $19.7M

Healthcare payments platform PayGround has raised $19.7 million in its latest series A funding round.

PayGround allows users to pay their medical bills on one platform. The company will use the funding to boost its efforts to expand into hospital and health systems, building on its success in the ambulatory market, and expand its senior leadership team, according to a Nov. 28 PayGround news release. 

The funding round was led by SixThirty with participation from Rally Ventures, IA Capital Group, FCA Venture Partners and Plug and Play Ventures, according to the release. PayGround raised $5.5 million in another funding round last year. 

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