US FinTech startup Collectly by Levon Brutyan and Maxim Mizotin has raised $29 million in a Series A round. Investors include Y Combinator, Cabra VC, Burst Capital and others. This follows from Crunchbase data, which was noted by a RB.RU correspondent.
The round ended on July 20, 2023. The company did not disclose the valuation or other details of the deal. The total amount of investments attracted since the company’s inception amounted to $33.9 million.
The money will be used to develop new products and increase the project team until the end of the year. The company is also considering the use of ChatGPT in its work.
- Collectly was founded by Russians Levon Brutyan (CEO) and Maxim Mizotin (CTO) in 2017. The service allows you to simplify the billing process for medical services, increase the level of payment collection, and improve the quality of patient care.
- In 2021, the startup received a $3 million investment from Cabra VC, S16, and Starta Capital. At that time, analysts suggested that the value of a business with Russian roots exceeds the amount received during the round by 3-4 times.
Author:
karina pardaeva
Source: RB
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