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Eligible logo — Patient & insurance billing APIs

Eligible

Patient & insurance billing APIs

Founded 2011 New York Seed Total: $25.18M API, Financial Services +3

General Information

Company Name Eligible
Founded Year 2011
Location New York
Industries API, Financial Services, Information Technology +2
Funding Stage Seed
Business Model API, B2B, Embedded Finance
Revenue Model Freemium, Tiered Pricing, Transaction Fee
Social

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About Eligible

Eligible is a company dedicated to streamlining billing processes within the healthcare sector through its innovative API solutions. Established in 2011, the company has carved a niche in the intersection of API, Financial Services, Information Technology, Insurance, and Payments industries. Eligible's flagship offering, termed Patient & insurance billing APIs, simplifies invoicing and payment collection for both patients and insurance companies, thus addressing a critical pain point within the healthcare payment ecosystem.

Despite the absence of a listed headquarters, Eligible has attracted significant investment interest. The company secured a substantial $22.68M in a Seed Round on 01 December 2015, demonstrating investor confidence in its growth trajectory. The absence of publicly recorded investors in this round leaves room for strategic partners to emerge. Eligible remains positioned as a promising contender for investors looking to capitalize on the digitization of financial workflows in healthcare.

Business keywords: insurance billing infrastructure, patient invoicing, payment collection, insurance verification, out-of-pocket expense estimation, claims processing, revenue cycle management, healthcare fintech, software as a service (SaaS), medical billing automation, claims management solutions, health insurance integration, financial systems for healthcare

Services & Products

Insurance Billing
Patient Clearance
Insurance Verifications
Insurance Claims Processing
Eligibility & Benefits
Insurance Enrollments

Target Customers

Healthcare Companies Hospitals Clinics Healthcare Application Developers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $22.68M -
01 Dec 2015
Seed Round $1.10M -
01 Jan 2015
Seed Round $1.40M -
01 Mar 2013
Seed Round Undisclosed 1
Y Combinator
12 May 2012

Eligible Alternatives & Competitors

View All Alternatives
Eligible vs
Inbox Health
Inbox Health United States

Personalized patient billing.

Series B
101 employees
Financial Services, Health Care
Eligible vs
PayZen
PayZen United States

Unlocking incremental revenue & cash flow for providers, while delivering a high-quality, empathetic...

Debt Financing
87 employees
Financial Services, Fintech
Eligible vs
Cedar
Cedar United States

The AI-powered healthcare financial experience platform, built for the rising cost and complexity of...

Series D
820 employees
Financial Services, Fintech

FAQ About Eligible

Patient & insurance billing APIs
Eligible was founded in 2011.
Eligible is headquartered in New York.
Eligible operates in API, Financial Services, Information Technology, Insurance and Payments. Its work centres on insurance billing infrastructure, patient invoicing, payment collection and insurance verification. Its customers include Healthcare Companies, Hospitals and Clinics.
Eligible has a API, B2B and Embedded Finance business model. Its revenue comes from Freemium, Tiered Pricing and Transaction Fee.
Eligible has completed 4 funding rounds, raising a total of $25.18M. The latest funding stage is Seed.
Eligible offers: Insurance Billing, Patient Clearance, Insurance Verifications, Insurance Claims Processing, Eligibility & Benefits, Insurance Enrollments.
Top alternatives and competitors to Eligible include Inbox Health, PayZen, Cedar, ENTER, Flywire. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Eligible and Inbox Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Eligible, https://www.bouncewatch.com/company/eligible, updated 12 April 2026. When citing, please name BounceWatch and link this page.

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