InstaMed Oversubscribes $15 Million Private Placement Funding

PHILADELPHIA & NEWPORT BEACH, Calif.–(BUSINESS WIRE)–InstaMed, the leading Healthcare Payments Network, announced today that it oversubscribed its $15 million private placement funding by $2 million. InstaMed raised the capital to accelerate the growth of its network and to make further investments in human capital. The funding was oversubscribed due to strong support from existing and new investors.

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