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.
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 17
| Date | Title | Description |
| 09.04.2025 | SignalFire's $1 Billion Bet on AI: A New Era for Venture Capital | In the bustling heart of San Francisco, a venture capital firm is making waves. SignalFire has just raised a staggering $1 billion, bringing its total assets under management to $3 billion. This is not just a financial milestone; it’s a bol... |
| 07.04.2025 | SignalFire Closes On $1B To Invest In Applied AI | 3 Shares Email Facebook Twitter LinkedIn Bay Area-based SignalFire, a data-driven venture firm, has raised $1 billion for its fifth and largest fund, which it will invest in applied AI companies. We spoke with founder Chris Farmer on the fi... |
| 20.11.2024 | The Healthcare Technology Report Announces The Top 100 Healthcare Technology Companies of 2024 | The Healthcare Technology Report The Healthcare Technology Report is pleased to announce its annual awards for The Top 100 Healthcare Technology Companies. NEW YORK, Nov. 20, 2024 /PRNewswire-PRWeb/ -- The Healthcare Technology Report is pl... |
| 15.04.2024 | Healthcare startup valuations are coming back to earth — except in AI. Here's what investors are pouring money into. | Premium Tech Healthcare startup valuations are coming back to earth — except in AI. Here's what investors are pouring money into. Rebecca Torrence 2024-04-15T09:00:01Z Share icon An curved arrow pointing right. Share Facebook Icon The lette... |
| 08.04.2024 | Healthtech investing still lags behind even as funding grew 42% in Q1 | Investments went up 42% from Q4 to $2.7B, but they're down 20% from the $3.4B in Q1 2023 2023 was a very rough year for healthtech investing: while Q1 was relatively healthy, growing 26% from the previous quarter, the rest of the year saw b... |
| 15.03.2024 | CodaMetrix Revolutionizes Healthcare Coding with $40 Million Funding | CodaMetrix, a trailblazer in AI solutions for healthcare, secures $40 million in Series B funding led by Transformation Capital. The funding will propel CodaMetrix's AI-powered platform to streamline medical coding, improve data quality, an... |
| 12.03.2024 | HIMSS24: CodaMetrix Secures $40M for AI-Driven Medical Coding Solutions | What You Should Know: – CodaMetrix, a provider of artificial intelligence (AI) solutions for healthcare revenue cycle management, has announced the successful closing of its $40 million Series B funding round led by Transformation Capital w... |
| 12.03.2024 | CodaMetrix Raises $40M in Series B Financing | CodeMatrix, a Boston, MA-based company providing an artificial intelligence (AI) solution focused on healthcare and revenue cycle management, raised $40M in Series B funding. The round was led by Transformation Capital with participation fr... |
| 19.05.2023 | Roundups: Tampa General, Henry Ford, PatientsLikeMe, Other Digital Health Partnerships | Tampa General Hospital Teams Up with Navina Tampa General Hospital (TGH) partners with AI-powered platform Navina to bring its transformative AI the health system’s primary care clinicians. Navina’s AI takes large amounts of patient data, i... |
| 02.03.2023 | AI medical coding company CodaMetrix raises $55M and more digital health fundings | Photo: FG Trade/Getty Images |
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