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Rank 6Payers & Payments

Waystar

Provides cloud-based software that simplifies healthcare billing, claims management, and payments for clinical organizations.

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Signal Score
93.6
Total raised
$1040M
Stage
Public
Founded
2017
Headquarters
Louisville, USA
Region
North America

Their signal

Successfully transitioning to the public markets in 2024, Waystar is a dominant player in healthcare revenue cycle management, delivering highly automated billing software that processes billions of clinical transactions annually.

Signal Score 93.6editorial estimate, see how it is built
Capital (25% weight)95

Total raised, quality of investors and recency of the last round.

Growth (25% weight)94

Revenue trajectory, customer count, hiring and market pull.

Clinical & regulatory (20% weight)96

Peer-reviewed evidence, FDA/CE clearances and live health-system deployments.

Team (15% weight)90

Founder track record, clinical depth on the bench and technical leadership.

Online visibility (15% weight)91

Search presence, press coverage, founder and brand reach, and how often the company shows up where buyers look.

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