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Aesthetic Record

“Can a vertical EMR platform become the complete financial operating system for the medical aesthetics industry by embedding payments, lending, insurance, and patient financing natively into clinical workflows?”

Founded2017
HQUnited States
FoundersDr. Justin Harper
IndustryVertical SaaS / Healthcare
The story

Founded in 2017 by a practicing physician frustrated with disconnected tools for running a multi-location medspa, Aesthetic Record started as a clinical EMR and practice management platform for the medical aesthetics industry. The company has progressively embedded financial services into its core SaaS, launching AR Pay (Stripe Connect-powered payments), AR Capital (Stripe Capital lending), and integrated patient financing (Affirm, Klarna, Sunbit, Cherry, PatientFi) — transforming from a documentation tool into a full financial OS for aesthetic practices. The insurance product ARassurance, offered with Trucordia, represents further vertical expansion into practice risk management.

Last 12 months
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Product timeline
2017
Dr. Justin Harper founded Aesthetic Record as an end-to-end EMR and practice management software platform for medical aesthetics, motivated by his own experience scaling a medspa from 1 to 10 locations.· pivot
2023
Launched AR Pay, a Stripe Connect-powered integrated payments product, enabling practices to collect payments inside the EMR; grew to exceed $1 billion in annual payment volume.· banking
2024
Launched AR Capital, embedding Stripe Capital to offer fast, flexible financing to eligible practices directly from within the platform.· lending
2024
Added patient financing options (Cherry, Sunbit, Affirm, PatientFi, Klarna) natively inside AR Pay checkout workflow.· lending
2025
Launched AR Pay Instant Bank Payments at 2.1% processing rate with real-time verification and two-day payouts, leveraging Stripe's bank payment rails.· banking
2025
Launched ARassurance insurance product in partnership with Trucordia, offering malpractice, cyber liability, and coverage for aesthetic practices.· banking
The stack
4 layers disclosed in Aesthetic Record’s embedded-finance stack
Payments / PSP
Stripe Connectstripe
Lending
in the full report
Insurance
in the full report
Accounting
in the full report
Accounting gap: significant
9 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.