Collectly, a fintech startup focused on patient engagement and healthcare expenditures, has secured $29 million in Series A funding led by Sapphire Ventures, with participation from YC, Wayfinder Ventures, Burst Capital, Cabra VC and Davidovs VC. This brings Collectly’s total funding to $34.1 million. Collectly aims to fix the inefficient payments processes of medical providers, claiming it can improve patient collections by 75%, and reduce Days Sales Outstanding to 12 days.
US Healthcare Fintech Collectly Lands $29M Series A Funding