PayMedix
PayMedix is a healthcare company in Boston, United States, founded in 2005. It has raised $58.0M across 2 rounds, most recently a $33.0M Growth Equity in January 2026.
Healthcare Payment Processing
- Headquarters
- Boston, Wisconsin
- Employees
- 11–50
- Founded
- 2005
- Business Model
- B2B2C
- Website
- paymedix.com
- Total Funding
- $58.0M
- Last Round
- $33.0M Growth EquityJan 2026
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
PayMedix (operating as HPS/PayMedix) is a Milwaukee, Wisconsin-based healthcare payments and financing company founded in 2005 as Health Payment Systems (HPS) that has processed over $7 billion in medical payments for hospital systems and physician practices. The platform is the only solution that unifies payors, providers, and patients through a single system featuring guaranteed payments to providers, a SuperEOB® consolidated statement, and complete interest-free financing for consumers regardless of credit history. In 2024, PayMedix acquired TempoPay to extend its interest-free financing platform to cover pharmacy, dental, and vision expenses in addition to medical bills. The company has raised over $58 million in total funding, including a $33M round in January 2026 led by HLM Investment Partners, and reports over 93% employer retention and 91% consumer satisfaction ratings.
Summary
It lists 11–50 employees. It has raised $58.0M in total across 2 rounds, most recently a $33.0M Growth Equity round in Jan 2026. Investors include HLM Capital, SVB Capital and Escalate Capital Partners.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Jul 2026
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Funding: Venture Round through Growth Equity. Amounts, valuations, and investors where available.
Investors
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