# Paytient funding: rounds and investors

> Paytient has raised $81M across 2 rounds since 2023. Investors include BoxGroup, Felicis and Lightbank. Every round with its source.

Source: https://millionrounds.com/company/paytient (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Paytient*

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech Healthcare HR Tech

Funding summary Updated 26 Oct 2026

**$81M** raised across 2 rounds since 2023, from 2 sources

**$41M** Series B **$40M** Series C

- **Latest round:** Series C, $40M Jun 2025
- **Biggest round:** $41M Series B · Jan 2023
- **Investors:** 13 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023 2024 2025

**$41M** Series B

**$40M** Series C

- **First round:** Series B, $41M
- **Biggest round:** $41M
- **Between rounds:** 2.4 years

## The rounds

- **Jun 2025** Series C **$40M** *2 new* *6 returning* [BoxGroup](https://millionrounds.com/fund/boxgroup) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Lightbank](https://millionrounds.com/fund/lightbank) [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) [Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital) [Pathlight](https://millionrounds.com/fund/pathlight) Source recorded
- **Jan 2023** Series B **$41M** *11 new* [Mercato Partners Traverse Fund](https://millionrounds.com/fund/mercato-partners-traverse-fund) Lead [BoxGroup](https://millionrounds.com/fund/boxgroup) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Lightbank](https://millionrounds.com/fund/lightbank) [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) [Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) [Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital) [Lachy Groom](https://millionrounds.com/fund/lachy-groom) [Crossbeam Ventures](https://millionrounds.com/fund/crossbeam-venture-partners) [Bertelsmann Investments](https://millionrounds.com/fund/bertelsmann-investments) [Commerce Bank](https://millionrounds.com/fund/commerce-bank) Reported by Lightbank VC SEC filing: $17M sold, first sale Jul 2021

## Founders and team

From Paytient's own website: 1 founder, 6 on the team.

**Brian Whorley** Founder & Chief Executive Officer

- **Daniel Lynn** Chief Technology Officer
- **Dr. Trent Haywood** Chief Outcomes Officer
- **Joe Gabler** Chief Operating Officer
- **Kristin Laughlin** Chief Commercial Officer
- **Paul Sveen** Chief Financial Officer
- **Christian Ricciardiello** General Counsel

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2023 **Series C** 2025 [BoxGroup](https://millionrounds.com/fund/boxgroup) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Lightbank](https://millionrounds.com/fund/lightbank) [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) [Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) [Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital) [Mercato Partners Traverse Fund](https://millionrounds.com/fund/mercato-partners-traverse-fund) L [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [Pathlight](https://millionrounds.com/fund/pathlight) [Lachy Groom](https://millionrounds.com/fund/lachy-groom)

## Everyone who backed them

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **2** rounds

[Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **2** rounds

[Lightbank](https://millionrounds.com/fund/lightbank) VC firm **2** rounds

[Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) VC firm **2** rounds

[Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) VC firm **2** rounds

[Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital) VC firm **2** rounds

[Mercato Partners Traverse Fund](https://millionrounds.com/fund/mercato-partners-traverse-fund) Growth equity **1** round, led 1

[Trinity Capital](https://millionrounds.com/fund/trinity-capital) VC firm **1** round

[Pathlight](https://millionrounds.com/fund/pathlight) VC firm **1** round

[Lachy Groom](https://millionrounds.com/fund/lachy-groom) Angel **1** round

[Crossbeam Ventures](https://millionrounds.com/fund/crossbeam-venture-partners) VC firm **1** round

[Bertelsmann Investments](https://millionrounds.com/fund/bertelsmann-investments) Corporate VC **1** round

[Commerce Bank](https://millionrounds.com/fund/commerce-bank) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paytient).

## Also claim to have backed them

This firm lists Paytient as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Missouri Innovation Center](https://millionrounds.com/fund/missouri-innovation-center) Accelerator Per its own site

## Quick answers about Paytient

### Who invested in Paytient?

Paytient's investors include BoxGroup, Felicis, Lightbank, Cultivation Capital and Left Lane Capital, and 8 more on record.

### How much has Paytient raised?

Paytient has raised $81M across 2 rounds since 2023.

### When did Paytient last raise?

Paytient's most recent round was a Series C of $40M in Jun 2025.

### What was Paytient's biggest round?

Paytient's largest round on record is $41M (Series B), in Jan 2023, led by Mercato Partners Traverse Fund.

### Who backed Paytient first?

Paytient's first round on record, in Jan 2023, was backed by Mercato Partners Traverse Fund, BoxGroup and Felicis and 8 others.

### What stage is Paytient at?

Paytient's latest named round is a Series C, in Jun 2025.

### Where is Paytient based?

Paytient is based in the United States.

### Who led Paytient's rounds?

Mercato Partners Traverse Fund led the Series B in 2023.

## Companies like Paytient

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

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