Last updated 2026-06-18
- Acquired by Flywire, Feb 2020
- Raised $20M funding round, May 2016
- Raised $10M funding round, Sep 2013
Total raised
$37.8M
Last: 2016-05
Stage
Acquired
Founded
2010
Headcount
14
HQ
Tel Aviv-Yafo, Israel
Sector
—
About
Simplee Financial Engagement software, developed by Simplificare Inc, unifies hospital and physician estimates, statements, payments, and credit. Simplee can help health systems and community hospitals achieve higher patient satisfaction, greater payment success, and lower costs. On average, Simplee customers receivenet promoter scores four times higher than the healthcare norm for billing and payment experience; a 50% higher adoption of digital engagement, benefiting the revenue cycle and marketing initiatives; and three times their return on investment, driven by lower costs and higher net collections.
Funding history · 4 rounds · $37.8M total
2016-05
2013-09
2012-05
$6.0M
Q&A
- What is Simplee's primary business?
- Simplee provides Financial Engagement software designed to unify hospital and physician estimates, statements, payments, and credit, aiming to improve patient satisfaction, payment success, and reduce costs for health systems.
- Where is Simplee headquartered?
- Simplee's headquarters are located in Tel Aviv-Yafo, Israel, with an additional office in Palo Alto, USA.
- When was Simplee founded?
- Simplee was founded in November 2010.
- What is Simplee's employee count?
- Simplee has an employee count in the 11-50 range.
- What was Simplee's total funding raised?
- Simplee raised a total of $37,800,000 across multiple funding rounds.
- When did Simplee complete its last funding round and who were the investors?
- Simplee completed its last funding round in May 2016, raising $20,000,000. Investors included Heritage Group and Social Capital.
- Which investors participated in Simplee's $10,000,000 funding round in September 2013?
- The $10,000,000 funding round in September 2013 included investors Social Capital and 83North.
- What is Simplee's current status?
- Simplee is currently active, but its status reason indicates it was acquired by Flywire in February 2020.
Team · 3
Sectors & technology
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesSoftware
Target customers
Healthcare & Life SciencesHealthcareProviders
Business model
B2BB2B2C
Highlights
Verified
Tags
digital-healthcarefintechcrmhealth-managementhealthcare-providersmobile-applicationshospitalspersonal-financepatientsinsurance-companiescustomer-engagementclinical-workflowpayments
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/1326390 | |
| YouTube | youtube.com/user/SimpleeHealth |
Identifiers & details
| Founded | 2010-11 |
|---|---|
| Employees (exact) | 14 |
| Offices | Palo Alto |
| Status reason | Acquired (Inactive) by Flywire on Feb 2020 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Flywire 2020-02