Resolve raises $3.3 million
Resolve , a startup on a mission to make healthcare bills fair, announced the completion of a $3.3 million seed funding round led by AlleyCorp, with additional support from the founders of Funding Circle, Collective Health, Collective Medical, Nomi, Compass, Seamless, and more.
Founded in 2019, the company audits, reviews, and negotiates medical bills to identify errors and problems. Currently, Resolve employs 22 full-time staff, with plans to soon add a number of positions including Chief of Staff, Head of Product, and a number of software developers.
“Our healthcare system is flawed, complex and difficult for even the savviest consumers to navigate. Throughout our work, we’ve found that medical bills are riddled with errors, overpriced, and often improperly covered by insurance. This funding will allow us to grow our ability to help people struggling with medical bills and reach a world where an everyday medical bill doesn’t bankrupt an everyday American.” – Braden Pan, founder and CEO, Resolve.
“Far too many patients experience the dual burden of both a medical event and the medical debt that follows. We’re excited to support the compassionate, dedicated Resolve team as they help patients tackle excessive medical bills and put a dent in the $200 billion of medical debt facing Americans.” – Brenton Fargnoli, MD, Managing Partner, AlleyCorp Healthcare Fund.
“We’re thrilled to see this momentum for Resolve as it will allow us to rapidly expand our reach and help more patients. The team’s dedication to and passion for helping others rectify unfair and unwarranted medical debt has been unwavering since day one and we’re excited to be their partner through their continued growth.” – Alex Tonelli, managing partner at Endurance Companies and founding board member at Resolve.