Scratch Financial, a Pasadena-based fintech engaged in patient financing, raised $35 million in Series C funding. The round was led by Norwest Venture Partners, with participation from Alumni Ventures, Companion Fund, Struck Capital, SWS Venture Capital, TTV Capital and others.
More than 10,000 practices use Scratch’s payment and financing tools, according to a press release, and the company is on track to have processed nearly $1 billion of patient payments by the end of 2022.
The funding will be used to accelerate the development of new technology to help medical providers better connect with their clients and manage the end-to-end patient experience. Read more.
