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Simplee raises $20m Series C

The Palo Alto-based medical billing company raised the amount to expand its network of hospitals in the U.S. 

Investors in the round included Social Capital and Amex Ventures.

Simplee says it works with over 900 hospitals and physicians and helps process “over $1 billion in annual payments” in the U.S. “Simplee has developed a smart technology platform that reduces the friction in healthcare payments, an increasingly complex ecosystem to navigate,” said Amex’s Harshul Sanghi. “We’re pleased to invest in solutions that provide a more seamless experience for patients and providers alike.”