Online debt collection platform Collectly has reportedly secured a $1.9m investment led by GoAhead Ventures.
Backers also participating in the round included Lightspeed Venture Partners, Index Ventures, WTI, IT-Farm, Cabra.vc, Granatus Ventures, HIVE and OnWave Ventures, according to an article by TechCrunch.
Collectly offers tap away payments for small amounts, a payment plan and discounts for larger fees and a transparent explanation to patients so there are not delays extra work due to unanswered questions.
The company is looking to expand its presence in the healthcare sector by signing up 100,000 different medical practices across the US, the article said. To achieve this, Collectly is partnering with electronic health record providers Athena Health and DrChrono, which it hopes will boost distribution by being easier to access, the article states.
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