CodaMetrix is a SaaS technology company that provides an AI-powered platform to facilitate healthcare revenue cycle management and medical coding. It is a multi-specialty coding AI-platform that translates clinical information into accurate sets of medical codes for patient care and revenue cycle processes, from fee-for-service to value-based care models. CodaMetrix is the first platform to have an impact across departments by alleviating administrative burdens from billing staff.
CodaMetrix has recently closed a $55M Series A funding round to autonomously power medical coding and boost health system revenue cycles.
Location: United States, Massachusetts, Boston
Employees: 51-200
Phone: +1 857-263-3264
Total raised: $95M
Founded date: 2019
Investors 1
| Date | Name | Website |
| 13.04.2023 | SignalFire | signalfire... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 12.03.2024 | Series B | $40M | - |
| 02.03.2023 | Series A | $55M | - |
Mentions in press and media 14
| Date | Title | Description | Source |
| 15.04.2024 | Healthcare startup valuations are coming back to earth — exc... | Premium Tech Healthcare startup valuations are coming back to earth — except in AI. Here's what inve... | businessin... |
| 08.04.2024 | Healthtech investing still lags behind even as funding grew ... | Investments went up 42% from Q4 to $2.7B, but they're down 20% from the $3.4B in Q1 2023 2023 was a ... | vator.tv/n... |
| 15.03.2024 | CodaMetrix Revolutionizes Healthcare Coding with $40 Million... | CodaMetrix, a trailblazer in AI solutions for healthcare, secures $40 million in Series B funding le... | parsers.vc... |
| 12.03.2024 | HIMSS24: CodaMetrix Secures $40M for AI-Driven Medical Codin... | What You Should Know: – CodaMetrix, a provider of artificial intelligence (AI) solutions for healthc... | hitconsult... |
| 12.03.2024 | CodaMetrix Raises $40M in Series B Financing | CodeMatrix, a Boston, MA-based company providing an artificial intelligence (AI) solution focused on... | finsmes.co... |
| 19.05.2023 | Roundups: Tampa General, Henry Ford, PatientsLikeMe, Other D... | Tampa General Hospital Teams Up with Navina Tampa General Hospital (TGH) partners with AI-powered pl... | hitconsult... |
| 02.03.2023 | AI medical coding company CodaMetrix raises $55M and more di... | Photo: FG Trade/Getty Images | mobihealth... |
| 28.02.2023 | CodaMetrix Closes $55 Million Series A to Autonomously Power... | CodaMetrix, the leading AI technology platform transforming healthcare revenue cycle management, ann... | aithority.... |
| 28.02.2023 | Mass General Brigham-Born Revenue Cycle Company Snags $55M | Hospitals are facing a slew of obstacles that negatively impact their revenue cycle processes — from... | medcitynew... |
| 27.02.2023 | CodaMetrix Closes $55M Series A Funding | CodaMetrix, a Boston, MA-based AI technology platform focused on innovating healthcare revenue cycle... | finsmes.co... |
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