Collectly, founded in 2017 and headquartered in the United States, stands as a pioneering force in the healthcare sector, utilizing AI to revolutionize revenue cycle management (RCM). Their platform aims at maximizing revenue while minimizing costs related to patient billing operations. With the slogan "AI-driven RCM that increases revenue, cuts support calls, keeps patients happy, and reduces your cost to collect," Collectly positions itself as a critical tool for healthcare providers striving to enhance financial performance.
The company’s standout feature, Billie, serves as an ever-available AI-powered billing support representative that remarkably reduces support volume by up to 85%. Collectly ensures seamless workflows with Electronic Health Record (EHR) and Practice Management (PM) integration, promoting a modern, mobile-first approach to patient financial interactions.
A reflection of its growing credibility, Collectly secured a $29.00M Series A investment on July 20, 2023, backed by renowned investors including Y Combinator, Cabra VC, Sapphire Ventures, Burst Capital, Wayfinder Ventures, and Davidovs Venture Collective. Trusted by over 3,000 healthcare organizations, the company exemplifies a robust investment opportunity for stakeholders interested in advancing healthcare's financial experience.