Flychain
“Can a vertical financial OS for healthcare practices bundle accounting, CFO advisory, and healthcare-native capital into one platform?”
Founded2021
HQNew York, NY, USA
FoundersEthan Schwarzbach, Jaime Deverall
Latest roundGrant (Feb 2024, led by Health Engine)
IndustryVertical SaaS / Healthcare
The story
Flychain is a vertical financial platform for healthcare practices, combining bookkeeping, CFO intelligence, tax, and capital in one product. Its embedded-finance angle is healthcare-specific lending — advanced payment on insurance claims, term loans, and SBA facilitation — bundled with accounting services rather than a horizontal SMB fintech play.
Last 12 months
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Product timeline
2021
Flychain founded in New York to serve healthcare providers with financial infrastructure· pivot
2023
Seed and pre-seed rounds closed· banking
2024
Grant round led by Health Engine· banking
The stack
1 layer disclosed in Flychain’s embedded-finance stack
Lending
Advanced Payment on ClaimsTerm Loans (6-24 months)SBA ProgramsEquity Investment (partner-introduced)
Accounting gap: none