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CarePay - About the company

CarePay is a series A company based in Amsterdam (Netherlands), founded in 2015. It operates as a Developer of software platforms for managing health insurance claim operations. CarePay has raised $61.8M in funding from investors like IFHA, PharmAccess and Reinsurance Group of America. The company has 439 active competitors, including 83 funded and 39 that have exited. Its top competitors include companies like Cigna, GSC and Mighty.

Company Details

Developer of software platforms for managing health insurance claim operations. This technology automates member enrollment, eligibility verification, pre-authorization requests, and payment processing. The system integrates with healthcare providers to facilitate digital claims submission and real-time benefit tracking. By digitizing administrative workflows, the platform enables the processing of insurance transactions and financial settlements between payers and medical facilities.
Social
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Email ID
*****@carepay.com
Phone Number
+31 **********
Key Metrics
Founded Year
2015
Location
Amsterdam, Netherlands
Stage
Series A
Total Funding
$61.8M in 6 rounds
Investors
Ranked
Employee Count
51 as on May 31, 2026
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CarePay's funding and investors

CarePay has raised a total funding of $61.8M over 6 rounds. Its first funding round was on Jun 2015. Its latest funding round was a Series A round on Apr 18, 2025 for *****. 1 investor participated in its latest round. CarePay has 7 institutional investors.

Here is the list of recent funding rounds of CarePay:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 18, 2025
1290611
Series A
3401554
8866349
1428252
8693430
Sep 18, 2024
5206432
Series A
4057941
6290667
5615401
1408363
Jul 12, 2019
9600613
Grant (prize money)
2744798
9932614
6055935
4297017
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CarePay's founders and board of directors

Founder? Claim Profile
Here are the details of CarePay's key team members:

CarePay's employee count trend

CarePay has 51 employees as of May 26. Here is CarePay's employee count trend over the years:
Employee count trend for CarePay
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CarePay's Competitors and alternates

Top competitors of CarePay include Cigna, GSC and Mighty. Here is the list of Top 10 competitors of CarePay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cigna
Cigna
1792, Philadelphia (United States), Public
Provider of health insurance, dental plans and medicare coverage
-
74/100
2nd
Logo for GSC
GSC
1957, Toronto (Canada), Unfunded
Provider of multiple healthcare services for individuals and organizations
-
-
70/100
3rd
Logo for Mighty
Mighty
2015, New York City (United States), Series B
Provider of software solutions for the management of legal funding
$14.2M
63/100
4th
Logo for Cotiviti
Cotiviti
1979, Atlanta (United States), Acquired
Provider of analytics-driven payment accuracy solutions for healthcare payers
-
63/100
5th
Logo for Sprout.ai
Sprout.ai
2018, London (United Kingdom), Series A
AI-based software suite for personal and commercial insurers
$38.3M
61/100
6th
Logo for Care.fi
Care.fi
2021, Gurugram (India), Series A
Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers
$10.6M
61/100
7th
Logo for Digital Owl
Digital Owl
2017, Portland (United States), Acquired
Provider of AI platform for medical data analysis and insights
$38.6M
60/100
8th
Logo for Ontellus
Ontellus
1975, Houston (United States), Acquired
Provider of records retrieval services for insurance claims and litigation. It offers services to insurance companies, law firms, and custodians. The company facilitates the secure retrieval and delivery of medical, social media, and other relevant records. Its services include record organization, analysis, and summary tools to streamline the claims and litigation processes. A secure online portal is provided for efficient record access and management.
-
60/100
9th
Logo for Healthcare Interactive
Healthcare Interactive
2006, Glenwood (United States), Series A
Developer of an AI-powered platform for insurance and healthcare administration
$16.8M
59/100
10th
Logo for Connie Health
Connie Health
2019, Brookline (United States), Series B
Provider of Medicare plan selection assistance and licensed insurance agents
$85M
59/100
15th
Logo for CarePay
CarePay
2015, Amsterdam (Netherlands), Series A
Developer of software platforms for managing health insurance claim operations
$61.8M
57/100
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CarePay's Investments and acquisitions

CarePay has made no investments or acquisitions yet.

Reports related to CarePay

Here is the latest report on CarePay's sector:

News related to CarePay

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Media has covered CarePay for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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FAQs about CarePay

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