Search company, investor...

Envoy Systems

Founded Year

1983

Stage

IPO | IPO

Total Raised

$12.7M

Date of IPO

5/23/1991

About Envoy Systems

Provider of electronic transaction processing services for the financial services and healthcare markets. The company captures transaction data electronically at the point-of-service, delivers the data to the appropriate on-line processor for authorization or verification, responds back to the user in a timely manner, and stores the data for end-of-day settlement and reporting. In the financial services market, the company provides banks and merchants with an electronic transaction processing service for a variety of credit, debit, and travel cards. Electronic transaction processing speeds consumer checkout, reduces fraud, lowers merchant transaction costs, and facilitates merchant-to-bank settlement. The principal service currently provided in the healthcare market is the electronic capture and transmission of pharmacy insurance claims to third party payors for on-line eligibility verification and adjudication (i.e. settlement of claims). Electronic transaction processing reduces insurance claim paperwork, verifies cardholder benefits & deductibles, and helps control fraudulent claims and accelerates payment to healthcare providers.

Headquarters Location

1432 Main Street

Waltham, Massachusetts, 02451,

United States

(617)890-1444

Missing: Envoy Systems's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Envoy Systems's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Envoy Systems Frequently Asked Questions (FAQ)

  • When was Envoy Systems founded?

    Envoy Systems was founded in 1983.

  • Where is Envoy Systems's headquarters?

    Envoy Systems's headquarters is located at 1432 Main Street, Waltham.

  • What is Envoy Systems's latest funding round?

    Envoy Systems's latest funding round is IPO.

  • How much did Envoy Systems raise?

    Envoy Systems raised a total of $12.7M.

  • Who are the investors of Envoy Systems?

    Investors of Envoy Systems include American Research & Development, Morgan Keegan Ventures and Thompson Clive Investments.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.