PayZen, a San Francisco healthcare fintech firm, secured $232M in Series B funding.

Leading the round was NEA, with other notable investors including 7wireVentures, SignalFire, and Viola Ventures.

The funds will support growth and expansion. PayZen leverages AI/ML to simplify patient payments and improve healthcare affordability.

CEO Itzik Cohen noted their mission is to solve patient payment issues. PayZen has seen 6x YoY growth with 100% customer retention.