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Itzik Cohen

Co-Founder & CEO at PayZen

Itzik Cohen is the Co-Founder and CEO of PayZen, a position he has held since August 2019.1 Based in the San Francisco Bay Area, Cohen has an extensive background in finance, technology, and entrepreneurship.1

Career Highlights

Prior to PayZen::

  • CEO and Board Member at Beyond Finance, Inc. (2016-2018)1
  • Chief Business Officer at Prosper Marketplace (2014-2016)1
  • Principal & CEO at IGC Media (2012-2014)1
  • Founder & CEO at ClipSync (2008-2012)1

Early Career::

  • VP Corporate Development at WebEx Communications (1998-2005)1
  • Roles at Fujitsu Software and NetManage in the late 1990s1

Unique Background

Interestingly, before his career in technology and finance, Cohen was a professional basketball player for Maccabi Tel-Aviv Basketball Club from 1985 to 1994.1

Skills and Expertise

Cohen is described as a true professional with both technical and business experience, particularly focusing on video technologies.1 His diverse background spans across various sectors, including finance, technology, and media.

Languages

He is proficient in multiple languages:

  • English (native or bilingual proficiency)
  • Hebrew (native or bilingual proficiency)
  • French (full professional proficiency)1

Recent Activities

Recently, Cohen has been discussing the state of medical debt in the United States, reflecting PayZen's focus on healthcare finance.2

Itzik Cohen's diverse experience in finance, technology, and entrepreneurship, combined with his current role at PayZen, positions him as a notable figure in the intersection of healthcare and financial technology.

Highlights

Aug 13 · linkedin

Today, I’m incredibly proud to announce a major milestone for PayZen: we’ve just closed a $232 million Series B round in equity and debt, led by New Enterprise Associates (NEA). This round includes $32 million in equity and a new $200 million credit warehouse from Viola Credit and a syndicate of insurance companies. I’m thrilled to welcome Mohamad Makhzoumi, NEA’s Co-CEO, as a PayZen board member!

Partnering with the right investor at each stage of our company’s growth is both an art and a science (with a bit of luck thrown in). We were fortunate to find strong alignment with the NEA team in terms of business philosophy, mission, market, and strategy. With their extensive experience and stellar track record, I look forward to collaborating with the NEA team as we guide PayZen into the future.

This funding will enable us to continue leveraging our AI-powered platform to tackle healthcare affordability. Our proprietary AI/ML models and seamless EMR/EHR integration simplify patient payments for health systems while making it easier for millions of patients to access and afford the care they need. We’re committed to driving innovation in the Revenue Cycle Management market and are excited to expand our affordable, customized healthcare payment options to even more Americans.

This partnership with NEA brings back memories. Twenty-five years ago, I fondly recall pitching Webex Communications to NEA alongside my then CEO and mentor, Subrah. That investment certainly worked out for everyone! Time seems to fly, but it’s comforting to know that some things remain constant. I want to thank all the investors and individuals that supported us along the way (Viola Ventures, Omry Ben David, SignalFire, Chris Scoggins, 7wireVentures, Lee Shapiro, Alyssa Jaffee, Ido Vigdor). Mostly, I want to thank my team for raising the bar every day, creating magic and making all of this possible.

#healthcare, #fintech, #affordability, #RCM,

Jun 27 · linkedin

This role is a rare opportunity for the right person to join PayZen in a key position and drive tons of value for our patients and providers. The person who lands this job will work with top leaders and talent and make the impossible, a reality. If you’re the one or know someone that could be a fit, send them our way.

Related Questions

What inspired Itzik Cohen to start PayZen?
How did Itzik Cohen's experience at Beyond Finance influence his work at PayZen?
What are some key achievements Itzik Cohen has accomplished at PayZen?
How does Itzik Cohen's background in video technologies impact his leadership at PayZen?
What challenges has Itzik Cohen faced as the CEO of PayZen?
Itzik Cohen
Itzik Cohen, photo 1
Itzik Cohen, photo 2
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Location

San Francisco, California, United States