MedZERO

What MedZERO does

MedZERO is a U.S.-based healthcare financial wellness platform that provides employees on-demand access to interest-free funds to pay out-of-pocket medical expenses, with repayment via automatic payroll deduction. The company operates a B2B2C model, selling exclusively through employer benefit programs rather than to consumers directly; employees access funds through iOS and Android mobile apps after their employer enrolls. Its core product, the medZERO Spending Account, is funded by 0% APR loans issued by partner bank Solera National Bank, with virtual cards issued by Sutton Bank under a Mastercard license; this bank-partner structure lets MedZERO deliver credit without holding a lending license itself.

The platform's central technical differentiator is native connectivity to 170+ payroll platforms (ADP, Gusto, Paychex, Rippling, Ceridian, UKG, Workday), which automates employer onboarding, employee enrollment, and ongoing repayment administration — compressing implementation to as little as two weeks. Two add-on modules extend the core: Fertility Advantage provides interest-free, no-credit-check financing for infertility treatments up to 24 months, and a Pet Medical Expense Coverage extension funds veterinary costs. HSA integration enables pre-tax repayment, producing up to 30% savings versus after-tax cash. In May 2023 MedZERO announced an AI strategy layering NLP-based personalized recommendations and predictive insights onto benefit selection, provider cost assessment, and medical bill review.

MedZERO generates revenue via employer subscription or per-employee fees (specific pricing not publicly disclosed). Its go-to-market combines enterprise field sales to HR and benefits decision-makers with channel partnerships — most notably its 2026 selection into the ASHHRA Preferred Partner Program (AP3) targeting healthcare-sector employers. The company is backed by $8.2M in seed funding from True Ventures and Village Global (raised Oct 2022, with an earlier $5.7M round in Dec 2021) and operates with a lean 1–10 person team out of Portland, Oregon. Named enterprise customers include Savage Services (4,500 team members), Sortis Holdings (40+ hospitality/lifestyle locations including Bamboo Sushi), Glooko, and LoanPro.

Name

MedZERO

Legal name

medZERO Inc.

Website

https://medzero.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

MedZERO is a U.S. employer-sponsored healthcare financial wellness platform that provides employees on-demand, interest-free funds for out-of-pocket medical expenses, repaid via automatic payroll deduction, with bank-partner lending and native connectivity to 170+ payroll platforms.

Ownership category

akta.pro rank

Product category

Healthcare Financial Wellness Platform

NAICS

Health and Welfare Funds (52512), Health and Welfare Funds (525120)

SIC

Hospital & Medical Service Plans (6324)

akta.pro primary industry

MA Medical Savings Account (MSA) Plans (HLAEACAD)

akta.pro secondary industries

Medigap Distribution & Brokerage (Captive/Independent/IMO/FMO) (HLAEADAD), Medigap Member Support & Care Navigation (Advocacy/Concierge) (HLAEADAH), Medigap Plan Administration (Enrollment, Billing & Member Services) (HLAEADAC)

Keywords

• Employee healthcare benefits
• Healthcare financial wellness
• Interest-free medical financing
• Payroll deduction lending
• Employer-sponsored benefits platform

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Healthcare Financing Platform: medZERO provides 0% interest, 0% fee loans to employees for healthcare expenses. Loans are issued by Solera National Bank. The company benefits employers by reducing healthcare costs, improving employee health and retention, and reducing absenteeism. Revenue likely comes from employer subscription or per-employee fees, though specific pricing is not publicly disclosed.
2. Fertility Advantage: Specialized financing program for fertility treatments with up to 24-month payment terms. Works as standalone benefit or alongside existing family building coverage. Repayment through payroll deduction with HSA assistance.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

MedZERO provides an employer-sponsored healthcare financial wellness platform that gives employees on-demand access to interest-free funds for out-of-pocket medical, dental, vision, pharmacy, fertility, and pet healthcare expenses. Loans are repaid through automatic payroll deduction with no credit check required, and HSA-integrated payments allow pre-tax savings of up to 30%. The platform is distributed exclusively through employer benefit programs and integrates with 170+ payroll systems for automated administration.

Product overview

medZERO is a unified healthcare financial wellness platform centered on the medZERO Spending Account (core product), which provides employees on-demand access to interest-free funds for out-of-pocket healthcare costs. The platform integrates with employer payroll systems for automated repayment and supports HSA users for pre-tax savings. Two additional modules extend the core offering: Fertility Advantage covers infertility treatment financing, and Pet Medical Expense Coverage extends the benefit to veterinary costs. The medZERO Mobile App serves as the employee interface for accessing funds and managing accounts.

Differentiator

Problem solved

Functional benefit

Brands

• Fertility Advantage: A program offering interest-free, no-fee financing for infertility treatments as part of employee benefits, with no credit check required and payment terms up to 24 months.

Products and services

• medZERO Spending Account Core employer-sponsored financial wellness account that gives employees on-demand access to funds for out-of-pocket healthcare expenses (medical, dental, vision, pharmacy) at 0% interest and 0% fees, repaid over time via automatic payroll deduction. For HSA users, payments are pre-tax, creating savings of up to 30%.
• Fertility Advantage Interest-free, no-fee financing program for infertility treatments with no credit check required. Supports employees with family-building costs (IVF, medication, adoption, surrogacy), offering payment terms up to 24 months through payroll deduction, and can integrate with existing fertility benefits or operate as a standalone benefit.
• Pet Medical Expense Coverage Expansion of the medZERO Spending Account to cover pet medical expenses, providing interest-free financing for veterinary care including exams, treatments, and procedures for cats, dogs, and other pets.
• medZERO Mobile App Employee-facing mobile application available on iOS and Android that provides 24/7 access to funds, account management, curated healthcare and personal-finance content, and connects to employer payroll systems for automated repayment.

Quantifiable outcome

• Saves employees up to 30% using pre-tax HSA dollars vs. after-tax cash
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• ASHHRA (American Society for Healthcare Human Resources Administration)coreGTM or Marketing Partner · 12 May 2026medZERO selected as financial wellness partner for ASHHRA Preferred Partner Program (AP3). The initiative helps HR leaders in healthcare access trusted, high-impact solutions to reduce costs without sacrificing value. medZERO addresses the top benefit concern of healthcare employees—affordability of their own care—through on-demand access to funds for deductibles, co-pays, co-insurance, and more.
• LocktoncoreGTM or Marketing Partner · 17 May 2025Lockton collaborated with ASHHRA to launch AP3 initiative in 2025. Lockton's lead Robert 'Bo' Brabo stated: 'Healthcare employees are already financing their own healthcare. They're just doing it through credit cards, medical debt collectors, and deferred care. medZERO gives healthcare HR leaders a better solution.'
• Sortis HoldingscoreStrategic or Co-development Partner · 21 December 2023Sortis is a nationwide consortium of original, founder-led hospitality and lifestyle companies with 40+ premium locations across hospitality, lodging, restaurants, coffee, and health and beauty sectors including Bamboo Sushi, Cicoria, Sizzle Pie, Fellow Barber, and Rudy's Barbershop. They provide medZERO Spending Account to employees across their diverse brand portfolio.
• Advisory Board MembersminorStrategic or Co-development Partner · 24 January 2023Six health and benefits business leaders added to advisory board: Michael Cochran (former head of benefits at Microsoft, Expedia, Bill & Melinda Gates Foundation), Majd El-Azma (former CEO of LifeWise Health Plan of Oregon), Kathy Harris (EVP Corporate Development at Sharecare), Brad Lawson (CEO at Fern Health, former WebMD), Tre' McCalister (former global benefits leader at Dell), Ginny Proestakes (former Senior Executive Director of US Benefits at GE). They consult on company and product strategy.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• MyFlexHealth: MyFlexHealth offers employer-funded flexible spending accounts for out-of-pocket medical, dental, and vision expenses, with payroll integration. Competes head-to-head with medZERO in the employer healthcare financial wellness category.
• CarePayment: CarePayment provides patient financing for medical expenses with 0% interest and extended repayment terms through healthcare providers. Operates an adjacent model focused on provider-side rather than employer-side distribution of zero-interest healthcare financing.
• AccessOne: AccessOne is a patient financing company offering long-term, low- or no-interest payment plans for medical bills, primarily distributed through hospital systems. Closely comparable financing product to medZERO's 0% APR model.
• Paytient: Paytient provides employer-sponsored healthcare payment cards that let employees pay medical bills over time interest-free, with payroll deduction repayment. The closest direct competitor to medZERO's Spending Account, operating in the same employer-benefit distribution model.

Broad incumbents

• WEX Health: WEX Health provides benefits administration technology across HSAs, HRAs, FSAs, and COBRA for employers and health plans. A broad incumbent in the same healthcare-benefits administration space medZERO serves through its employer channel.
• HealthEquity: HealthEquity is the largest HSA custodian in the US, administering HSAs, HRAs, and COBRA. Competes at the broad healthcare-benefits-finance layer where medZERO also plays, and represents both a potential integration partner and competitive threat as HSAs evolve into spend-management platforms.

Emerging players

• Payactiv: Payactiv provides earned-wage access and financial wellness tools distributed through employers, often integrated with payroll platforms. Adjacent in employer-channel financial wellness, with partial overlap on healthcare-related financial needs.
• Lively: Lively is a modern HSA platform with consumer-friendly UX and integrated investment/financial tools. Competes for healthcare-benefit dollars allocated by employers and overlaps with medZERO's HSA-integrated healthcare financing product.
• Even: Even offers employer-sponsored financial wellness, budgeting, and early wage access tools, increasingly expanding into healthcare bill management. Competes for the same employer benefits budget and employee mindshare as medZERO.
• DailyPay: DailyPay provides on-demand pay and financial wellness benefits through employers, with deep payroll integrations. Adjacent product category in employer-distributed financial wellness where medZERO also operates.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MedZERO