How Much Did Paperless Med Raise?
Funding & Key Investors

Paperless Med, a company focused on Electronic Health Records (EHR) and medical billing solutions, has secured $28K in total investment, with a recent influx of $28K designated for substantial expansion capital. This financing round places the company at a significant Series B/C stage, indicating a period of accelerated growth and market penetration. The company's recent funding date was March 17, 2021.

What is Paperless Med?

Paperless Med
SoftwareHealthcare SoftwareBusiness Services

Operating under the umbrella of Medcom Computers Inc., established in 1986, Paperless Med specializes in providing comprehensive Electronic Health Records (EHR) solutions and medical billing services to healthcare providers. The company offers a suite of services designed to enhance practice efficiency, including appointment scheduling, automated patient communication, and Application Service Provider (ASP) solutions. With over two decades of experience in medical billing, Paperless Med aims to improve physician productivity and the quality of patient care through its technology-driven offerings. The company's focus on efficient EHR implementation and robust billing services positions it as a key player in the healthcare IT sector.

How much funding has Paperless Med raised?

Paperless Med has raised a total of $28K across 1 funding round:

2021

Debt

$28K

Debt (2021): $28K with participation from PPP

What's next for Paperless Med?

The substantial expansion capital secured by Paperless Med signals a strategic push towards scaling operations and potentially broadening its service portfolio or market reach. As a company operating at a significant Series B/C stage, this investment is likely earmarked for enhancing its technological infrastructure, expanding its sales and marketing efforts, and potentially exploring new service verticals within the healthcare technology landscape. The focus on EHR and medical billing suggests continued investment in optimizing these core areas to meet the evolving demands of healthcare providers for efficiency and compliance.

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Frequently Asked Questions Regarding Paperless Med Financial Insights

What are the most recent funding rounds that Paperless Med has completed, and what were the funding rounds?
Paperless Med has recently completed 1 funding rounds: Debt on Mar 17, 2021.
What is the total amount of funding Paperless Med has raised to date?
Paperless Med has raised a total of $28K in funding to date.
How many funding rounds has Paperless Med completed?
Paperless Med has completed 1 funding rounds.
How much funding did Paperless Med raise in its most recent funding round?
Paperless Med raised $28K in its most recent funding round.
Who are the lead investors in Paperless Med's latest funding round?
The lead investor in Paperless Med's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Paperless Med's history?
The largest funding round in Paperless Med's history was $28K.
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